Uniq chief executive Bill Ronald said the £12.5m sale of Uniq Sauces further reduced Uniq's debts and allowed it to concentrate on chilled areas.
just the tonic
Four Londis branded chemists and c-stores are now up and running with a further four in progress and another 16 leads to follow up, said sales director Terry Bedford.
booze buster talks
Receivers for discount booze and c-store chain Cellar 5 are in advanced talks with buyers interested in taking on a "substantial" portion of the 330-strong Booze Buster estate. Separate talks are being conducted with parties interested in the 60 Right Choice c-stores and 40-plus Wine Cellar wine merchants.
Christie & Co has been instructed to sell the balance of stores. However, a hard core of the smallest stores understood to number between 30 and 40 will probably have to close.
cut rates says bRC
British Retail Consortium director general Bill Moyes has called Christmas sales "rather disappointing" and called for a cut in interest rates.
BRC figures suggest food sales were steady in December, with food gift sets and alcoholic drinks selling well. Footfall was down in London, which the BRC attributes to the threat of terrorism. Overall retail sales were up 1.7% like-for-like on last year, and 4.1% on a total basis.
The Office of Fair Trading has cleared the acquisition by Associated British Foods of the nutritional beverages business of Novartis AG.