Two members of the Londis Shareholders Action Group who attempted to avoid the company being bought by Musgrave are joining Nisa-Today’s.
Adrian Costain and Kishor Patel will both loose about £16,000, the value of the second windfall due to all Londis shareholders still with Musgrave next August, according to reports.
Both men have voiced their desire to remain part of a mutual, which they believe are better placed to withstand the rise in convenience store retailing of supermarket giants such as Tesco.
The move will mean a loss of five shops for Musgrave to the rival independent retailer Nisa-Today’s.
Adrian Costain and Kishor Patel will both loose about £16,000, the value of the second windfall due to all Londis shareholders still with Musgrave next August, according to reports.
Both men have voiced their desire to remain part of a mutual, which they believe are better placed to withstand the rise in convenience store retailing of supermarket giants such as Tesco.
The move will mean a loss of five shops for Musgrave to the rival independent retailer Nisa-Today’s.
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