Convenience and Wholesale news – Page 42
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Asda set to sell off 10% of its Co-op forecourts to appease CMA
Research by CACI found that 12 to 16 of the 132 Co-op petrol forecourt sites could be in breach of the Competition & Markets Authority’s ‘four to three rule’
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Tree of Life owner claims HSBC ‘refused’ to help ease burden
The health food wholesaler experienced a “dramatic” hit to sales caused by the twin shocks of Brexit and Covid, which followed a record year in the 12 months to 31 March 2021 when revenues exceeded £100m.
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Kishor Patel seeking new symbol after leaving Nisa
Patel told The Grocer he had not yet decided which symbol or franchise group he plans to join
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Morrisons asked to remedy competition concerns in McColl’s takeover
The CMA said “overall, the deal would not harm the vast majority of shoppers or other business”
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Frozen food chain Oops closes eight of nine stores as costs soar
The business is now focusing on its frozen food wholesale operation
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Food wholesalers losing money to fulfil public sector contracts
FWD members have reported that their catering customers are being forced to reduce portion sizes and are using less UK-grown and produced food and drink
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Co-op opens largest pop-up shop yet, at London’s Barking Riverside
The unit has been supplied by Worcestershire-based modular retail expert Rapid Retail
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Asda Derby opening marks 50th ‘On The Move’ convenience store
The latest opening marks a quarter of the way to the supermarket giant reaching its 200-store target by the end of the year
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Online surplus grocer Motatos secures new funding boost
The money was raised through a directed new share issue to existing shareholders
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Tributes paid as former FWD director general Alan Toft dies aged 91
Toft joined the Federation of Wholesale Distributors in 1989 and led the trade body for 16 years
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Scottish deposit return scheme to face legal action from retailers
Lawyers working on behalf of the Scottish Grocers’ Federation have issued a pre-action letter to Circularity Scotland (CSL)
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Alliance acquires wholesaler and distributer Payne Bros
The business is expected to be intergrated into Alliance’s existing UK regional and national network
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Katie Piper to host The Convenience Awards 2022
Katie Piper OBE has been unveiled as the host of The Convenience Awards 2022
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Just Eat secures deal with Booker Wholesale
As part of the agreement, Booker Wholesale’s sales team will promote Just Eat delivery to their store customers as a preferred partner.
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Mars drawing fire from wholesalers over PMP margins
The Grocer understands that Mars this week agreed to a u-turn on plans to reduce the shared margin on some but not all key confectionery lines
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Hunt’s Food Group steps in to rescue Tree of Life sister The Health Store from administration
Administrators at insolvency firm Interpath Advisory completed the sale of The Health Store brand and assets to the Dorset-headquartered group today
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Bestway appoints Jim Brown as trading controller for catering, fresh and frozen
He will join Bestway on 3 October and manage a six-person team at its Park Royal head office
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Boost Drinks appoints Steve Armstrong and Anjna Mistry in joint hiring
The two new appointments come as part of Boost’s wider plan for expansion
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Scottish wholesalers invited to bid for hydrogen fuel cell truck funding
The SWA said that any project funding must be between £20m and £90m for electric, or between £30m and £140m for a hydrogen project
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Asda agrees £600m deal for Co-op petrol forecourt operations
All 2,300 Co-op colleagues impacted by the deal will transfer to Asda under Tupe rules