All Forecourts articles – Page 5
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InterviewsCEO 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 & 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
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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