All Forecourts articles – Page 5
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NewsAsda 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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NewsAsda 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 & OpinionNew 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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NewsCity 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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NewsAsda 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 & OpinionCo-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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NewsCity 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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NewsAscona 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 & OpinionCMA 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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NewsAscona 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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NewsAsda moving closer to standalone convenience offer
Asda has posted a series of recent job ads relating to the convenience project
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NewsThe 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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NewsAscona 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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NewsEG 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
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NewsAscona Group calls for 20p per litre cut in fuel duty amid soaring pump prices
Writing a blog yesterday, Ascona Group CEO Darren Briggs said “unprecedented increases” in pump prices were stopping independent forecourt retailers from remaining competitive with the mults
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NewsEG Group profits climb as sales soar 25%
Profits have leapt higher at forecourt giant EG Group as a growing foodservice business and soaring prices at the pumps help fuel a 25% jump in first-quarter revenues.
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NewsMorrisons takeover set to clear final hurdle after CMA accepts forecourt disposal plan
CD&R has offered to divest 87 of MFG’s petrol stations to “a purchaser or purchasers to be approved by the CMA”.
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NewsBP teams up with Uber Eats in global retail partnership
BP said the partnership would support the soaring demand for food, groceries and everyday essentials brought to shoppers’ doors
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NewsMorrisons takeover risks higher fuel prices, finds competition watchdog probe
CD&R, owner of the Motor Fuel Group now has five days to offer concessions to the CMA
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NewsSupermarkets cutting fuel prices immediately following Chancellor’s Spring Statement
Sainsbury’s, Asda and Morrisons have all said they will pass on the price reductions to customers from this evening