business
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Bestway posts positive results with strong retail growth
Best-one and Xtra Local retail club membership continued to grow in the year
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Nisa sales up 26% in the aftermath of P&H collapse
The group is servicing more than 1,000 additional outlets as a result
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Bestway confirms purchase of Conviviality Retail brands
The deal includes Bargain Booze, Wine Rack and Central Convenience stores
Bestway posts positive results with strong retail growth
Best-one and Xtra Local retail club membership continued to grow in the year
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Co-op Group reports 3.4% rise in like-for-like food sales
The Co-operative Group has reported a 3.4% increase in like-for-like sales at its food stores in 2017, as the organisation returned to profit.
Former Nisa boss Nick Read appointed as Extra Energy ceo
Former Nisa chief Nick Read has been appointed as group ceo of energy supplier Extra Energy.
Conviviality confirms PwC as administrators
Conviviality Plc has appointed PricewaterhouseCoopers LLP as administrators to the business.
Conviviality in talks with various parties over sale of Retail arm
Conviviality has confirmed it is in discussion with a number of parties interested in the purchase of the Retail business.
A.F. Blakemore to sell its 12 cash & carry depots
A.F. Blakemore has announced its intention to sell its 12 cash and carry depots as a going concern.
Conviviality to file for administration in two weeks
Conviviality plc is to appoint administrators within the next fortnight after failing to raise the £125m it required to save the business.
Colin McLean takes the helm at CJ Lang
Scottish Spar retailer and distributor CJ Lang has appointed Colin McClean as chief executive officer
Conviviality seeks £125m to recapitalise business
Conviviality has triggered an equity placing to raise £125m from investors in order to recapitalise the business.
Bestway Wholesale announces 10.5% pre-tax profit rise
Bestway Wholesale has announced a 10.5% increase in pre-tax profit to £23.2m for the year ending 30 June 2017, although revenue declined within its wholesale business.
Conviviality ceo Diana Hunter resigns with immediate effect
Conviviality ceo Diana Hunter has stepped down with immediate effect following a tumultuous week in which the company’s shares were suspended for trading as it faced up to a surprise £30m tax bill.
Conviviality shares suspended after surprise £30m tax bill
Conviviality Plc shares have been suspended for trading on the Alternative Investment Market (AIM) after the Bargain Booze owner identified an unexpected £30m tax payment due on 29 March.
Morrisons reports like-for-like sales rise and wholesale success
Morrisons has announced a 2.8% rise in like-for-like sales in its preliminary annual results, while its new wholesale operation remains on target to exceed £1bn in sales.
blogs
Holding our own
Sound planning has paid off for Broadway Convenience, but the battle isn’t over yet, says Linda
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Cast an eye over security cameras
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Healthy options
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100 years in business
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A more natural solution
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Serious crimes
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The high-tech way to sell tobacco
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A choice-driven future
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Quick wins to influence shoppers
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Set an example
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A launch into space
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Let the tech take the strain
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Rural ATM threat
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Don't forget the elderly
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The 'F' word
