All Forecourts articles – Page 3
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NewsAsda launches first Express branded forecourt
The site offers an ’edited range’ of 2,000 products instead of the 3,000 in an ordinary Asda Express store
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NewsForecourt operator Platinum Retail doubles estate in two years
Platinum’s revenues grew 77% to £89.6m, according to the latest accounts, while pre-tax profits rose 31% to £4.4m
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NewsAsda owners the Issa brothers announce ‘resilient’ full year results
Owners the billionaire Issa brothers said its investments in price reductions and the launch of its Just Essentials budget range had proved a drag on profits
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NewsTesco electric charging point rollout hits 600-store target
The supermarket said the charging points had provided over 43,000 kWh of energy to date – with all electricity used to charge cars generated from renewable sources
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NewsCMA raises concerns over 13 sites in Asda’s deal to buy Co-op forecourts
Asda had argued competition concerns would not arise as the deal would allow it to bring its low-cost pricing model to more customers
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NewsCity snapshot: EG Group reports ‘resilient’ 2022 as it sells off chunk of US sites for $1.5bn
Forecourt giant EG Group has delivered “a highly resilient” performance in 2022 despite the challenging macro-economic environment. The group also announced a $1.5bn sale and leaseback on a portfolio of sites on the east coast of the US to help reduce its mountain of debt
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NewsPark Garage Group boosts food to go offer by buying 27 EG Group sites
According to its latest accounts, the acquisitions opened up ‘several new business stream opportunities’ with Greggs, Subway and Starbucks
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NewsMFG to pump another £50m into electric vehicle infrastructure
The latest part of the project will cost the forecourt giant £50m, with construction kicking off on 12 EV hubs last month
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Analysis and FeaturesA year in convenience: McColl’s deal dominates as Asda moves for Co-op forecourts
New rapid delivery players have dominated the headlines, but the major multiples continue to encroach
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NewsMFG to open 10 standalone EV charging hubs a year at retail parks
MFG is launching its first standalone hub at the 270,000 sq ft Great Western Retail Park in Glasgow, which features a Starbucks, B&Q, Sainsbury’s and Currys
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The Big InterviewCEO Shirine Khoury-Haq on getting to grips with the Co-op
Khoury-Haq brings a financial approach to the Co-op, and has already cut costs. But she’s also looking to grow the topline, and to give greater focus to the society’s campaigning
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NewsMarks & Spencer strikes EV rapid charger deal with BP
The agreement will see BP’s electric vehicle charging business install an initial 900 points in around 70 of M&S’s UK stores in the next two years
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NewsAsda 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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NewsCity 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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NewsSpar 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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NewsM&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 and FeaturesCan 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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NewsSewell 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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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