Morrisons and Motor Fuel Group (MFG) have ditched their convenience store trial, and the supermarket group has instead opted to roll out Morrisons Daily with Gerald Ronson’s Rontec group of forecourts.
Former Nisa chief executive Neil Turton is to join trade body Co-operatives UK in the new role of chief operating officer
McColl’s Retail Group has announced a 1.9% decline in like-for-like sales for the year to 27 November 2016, with its premium stores performing better than its standard convenience stores.
Euro Garages has acquired the final four forecourt stores of collapsed Spar chain High Noon Stores for an undisclosed sum, following the purchase of four of its other sites in January.
Asda has announced a 2.9% decline in like-for-like sales in the fourth quarter, although the figures mark an improvement on previous quarters.
The Co-operative Group has announced that Richard Pennycook is to step down as group CEO and will be succeeded by Steve Murrells, currently CEO of its Food business.
Bestway Wholesale has announced a drop in pre-tax profits of more than 50% amid “difficult business conditions”.
Conviviality Retail, owner of the Bargain Booze fascia, has announced a 1.7% decline in like-for-like first half sales.
Booker chief executive Charles Wilson says that the proposed merger with Tesco will help independent retailers “go to the next level”.
Tesco and Booker have stunned the industry this morning with the announcement of a £3.7bn merger plan
WHSmith has posted a 3% decline in its High Street stores for the 21 weeks to 21 January, but a strong performance at its Travel stores drove overall sales growth.
Booker Group has still to reach a verdict on a 20-store trial in which Premier outlets are supplied through the Londis supply chain.
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It’s been a mixed bag on business rates, despite positive measures in the Budget, says James Lowman.