Archive of all Bargain Booze articles – Page 2
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News
Conviviality franchisees still in the dark about their future
Despite parent company Conviviality falling into administration, the retail business continued to trade as a going concern
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News
Media Bites 5 April: Conviviality, Grocery market share, Accolade Wines
The events around Conviviality, not surprisingly, attracts widespread coverage this morning as C&C Group buys its wholesale business from administration.
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News
C&C Group completes Matthew Clark and Bibendum rescue
Magners owner C&C Group has completed a deal to assume full ownership of the Matthew Clark and Bibendum wholesale businesses belonging to beleaguered Conviviality.
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Comment & Opinion
Conviviality receivership marks another wholesale tragedy
Investors were being asked to risk more money for Conviviality while having zero visibility about future leadership
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Analysis & Features
As Conviviality administration looms, who are the likely buyers?
Sources close to the situation claim numerous suitors have expressed an interest
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News
Media Bites 29 March: Conviviality, Reckitt Benckiser, Coca-Cola
Bargain Booze and Wine Rack owner Conviviality has failed to raise £125m required to resolve its cash crisis
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News
City snapshot: Conviviality files notice to appoint administrators
Conviviality has announced the board intends to appoint administrators within 10 business days, GfK’s Consumer Confidence Index increased three points in March and all the other news from the City
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News
Conviviality on the brink after failing to raise £125m
Shareholders expected to receive “little-to-no value”
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News
Conviviality service levels drop ahead of crucial Easter weekend
Service levels in the crucial run up to Easter now as big a concern as cash flow, sources claim
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Comment & Opinion
Why has Conviviality spent out on company-owned stores?
The flotation of Conviviality on the stock market in 2013 was one of the most unlikely events in the history of grocery
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Analysis & Features
Can Conviviality recover from its week of woe?
A surprise profit warning, arithmetic errors, unexpected tax bills. The booze giant has a struggle on its hands.
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News
Conviviality faces fight for survival in cash crunch
Booze giant Conviviality faces a battle for survival after a week of turmoil that saw more than £350m wiped from its value and PwC called in for help.
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News
Conviviality calls in PwC after unexpected £30m tax bill
The ailing booze giant is to meet with HMRC and key stakeholders
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News
Conviviality suspends shares after week of turmoil
The Bargain Booze and Matthew Clark owner’s shares have crashed by around two thirds since last Thursday
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News
‘Arithmetic error’ to blame for wiping £365m off Conviviality
Conviviality has updated the market after its shock profits warning on Thursday to confirm that its full-year adjusted EBITDA will be around £14m lower than previously forecast.
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Analysis & Features
The top 50 independents: How to be king of your own castle
It’s a brutal market out there in which to be an independent. So who would want to do it? What does it take?
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News
Two-thirds wiped off value of Conviviality after shock profits warning
Shares in Bargain Booze owner Conviviality plunged by more than two-thirds after the alcohol retailer and wholesaler issued a shock profits warning.
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