The Grocer Top 50 independent retailer Maynews says it is making progress in building its estate, despite a lack of sites in the CTN sector.

Tony Wright, MD of the CTN chain, ranked 49 in The Grocer Top 50, said he had earmarked two stores to buy, although he would not reveal their location. Maynews is based in Clifton Moore, York, and has 22 stores.

Wright told The Grocer: "I'm trying to find good, independently run CTNs but there's nothing coming through at the moment. It's one of the hardest issues I'm grappling with."

Wright said he was buying newsrounds from other retailers as part of his strategy to build the business - a tactic that has been pursued by CTN/c-store chain TM Retail.

Maynews clocked up full-year sales of £8.5m in The Grocer Top 50 rankings published in February, reporting growth of 16%.