Conviviality Retail has announced a 1.1% increase in like-for-like sales for stores which have opened since 2012 for the 26 weeks to 30 October.
Overall like-for-like store sales within Conviviality Plc’s retail division, which includes 358 franchisees and more than 700 retail stores, declined by 1.7% over the six-month period. The stores trade primarily under the Bargain Booze, Bargain Booze Select Convenience and Wine Rack fascias.
Conviviality’s unaudited revenues were up 211% on last year at £783m, and includes revenues from the acquisitions of Matthew Clark, Perppermint and Bibendum PLB Group over the past year.
Diana Hunter, chief executive officer of Conviviality, said: “I am pleased that the Group has delivered this strong performance across all divisions during such a transformational period. This further demonstrates the teamwork and dedication of all of our people in maintaining excellent levels of service to their customers.
“The organic growth in each business unit demonstrates that existing and new customers are increasingly recognising Conviviality as the leading solution provider and distributor to the UK drinks market.”
On 28 October Conviviality Retail announced a two-year supply agreement with Palmer & Harvey to provide the wholesaler with a range of alcohol products. In return, P&H will supply tobacco to Conviviality.