Budgens unveils its Milton Keynes Local store today (October 14), the second in its franchise scheme, and says it is on target to open 50 in the next two years. The statement follows speculation that Budgens might raise the target above 50 after Irish distributor Musgrave bought 28% of Budgens shares in September. Budgens became the first supermarket group to launch its own fully fledged symbol group when the first Budgens Local opened in Aylesbury in July. Two more new stores will follow in Chesterfield, Derbyshire, in November. The format and supply deal is aimed at independent retailers with stores of more than 1,500 sq ft. The Local format features videos, off licence, chilled food and fresh bread. It also offers ATMs and payphones if there is local demand. Barry Sugrue, who owns the stores in Milton Keynes and Aylesbury, Buckinghamshire , described the concept as "a superstore with a bit of convenience thrown in". {{NEWS }}