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Ten Leapfrog sites close
By Simon Vevers,
Nursery World,
4 October 2007
Busy Bees has confirmed the closure of ten Leapfrog nurseries it acquired from Nord Anglia because they were losing money, with occupancy levels below 40 per cent and in one case as low as 15 per cent.
Lynn Woodward, managing director of Busy Bees nurseries division, said, 'Every nursery that we have has to contribute from a financial point of view and some of these nurseries have been sustaining heavy losses, probably for the last three years, and therefore they are not sustainable. You have to be able to maintain your business and make sure that those nurseries contributing well are not drained by the...
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