Tuesday 29 September at 5pm
Budgens and Londis owner Musgrave Group has posted a 3% drop in full-year sales to 4.4bn ( 3.92bn). Sales were down due to the economic crisis in Ireland and a very tough trading environment in all of its markets, said Musgrave, which operates franchise stores in the ...
Phil Smith, MD of Musgrave Retail Partners GB, which owns Budgens and Londis, has resigned following a boardroom shake-up at Musgrave Group.
Musgrave Retail Partners GB has moved back into the black. The owner of the Budgens and Londis franchises reported pre-tax profits of £3.7m in the year to 31 December 2009 against losses of £2.7m the year before. Sales rose 32% to £926.6m…
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