All Forecourts articles – Page 5
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News
Asda to fall short of ‘On The Move’ store target by over 100 sites
It comes as Asda announced plans to launch its own standalone convenience format under a new Asda Express brand last month
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News
City snapshot: Asda completes £438m Co-op forecourts acquisition
Asda has completed the acquisition of 132 forecourts and retail sites from The Co-op to underpin its strategy to enter the convenience retail space
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News
Spar retailer AY & Y Patel Dewsbury launches two new forecourts in £2m investment
It has spent £1.5m developing the Leed’s Road site in Bradford over a seven month period, which now features HGV and retail forecourt facilities
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News
M&S Food strikes exclusive partnership with Ireland’s Applegreen
Applegreen operates 500 forecourt sites across the UK, Ireland and the US. It currently has almost 200 locations in the Irish market
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Analysis & Features
Can Morrisons really scale up its Daily format in the ‘thousands’?
The plans may have been a welcome distraction from losing its big four place to Aldi, but where will all those Morrisons Daily stores come from?
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News
Sewell Retail turnover soared during 2021 as commuters returned to work
According to its latest accounts posted at Companies House, turnover rose by 18.5% to £57.1m for the year to 31 December 2021
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News
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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News
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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Comment & Opinion
New Co-op Group CEO Shirine Khoury-Haq still has one hell of an in-tray
Selling the Co-op forecourts makes sense but there’s only so much family silver it can sell
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News
City snapshot: EG Group revenues mount but profits hit by inflationary pressures
Forecourt giant EG Group has announced “resilient” second quarter trading, with sales rebounding by 34%, though inflationary pressures reduced headline profits. Plus, Reckitt CEO Laxman Narasimhan to take over at Starbucks and all the rest of the latest news from the City.
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News
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
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Comment & Opinion
Co-op’s potential forecourt sell-off could be a win for all parties
The good news for impacted staff is there seems to be a strong appetite among potential buyers, with Asda reportedly ready to stump up £450m for the Co-op’s 130 forecourt sites
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News
City Snapshot: Asda leads race in £450m sale of Co-op petrol forecourt business
The Co-op has hired advisors to sell its petrol forecourts operation in a bid to raise £450m, with the Issa brothers-owned Asda the front runner to buy the business, according to reports.
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News
Ascona Group adds two Welsh service stations to its portfolio
The two service stations are based in Abergavenny, Monmouthshire and Llwyncelyn, Ceredigion in Wales
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Comment & Opinion
CMA was never quick on the draw. How will it fare as the sheriff in a new Dodge City?
The CTN/c-store chain was in administration and even a cursory look at the stores, the estate and the market shares will tell you nothing needs to be done
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News
Ascona Group opens its first Greggs concession
Planning permission is underway for the second Greggs concession to be introduced to its at Holywell Service Station
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News
Asda moving closer to standalone convenience offer
Asda has posted a series of recent job ads relating to the convenience project
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News
The Kay Group sees sales soar 25.3% thanks to convenience offer
Resultsposted on Companies House show sales hit £144.9m for the year to 31 October 2021
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News
Ascona Group misses expansion target by almost 60 stores
The Grocer has learned its estate has grown by six stores over the past year, to 62 overall
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News
EG Group stops one million meals from going to waste in UK with Too Good To Go
The forecourt giant said the milestone highlighted its ongoing commitment to reducing food waste