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Sales have continued to fall at newspaper and magazine wholesaler Menzies Distribution. In a trading update for the four months to 31 October, released this morning, Menzies said its underlying revenues had fallen 4%.
Transport and logistics giant Bibby Line Group has taken full control of Costcutter. Bibby bought a 51% stake in the c-store chain in 2007 and revealed in September that is was close to finalising a deal for the remaining stake.
Convenience store sales are forecast to grow by more than a quarter over the next five years, according to new research by IGD.
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