All Convenience stores articles – Page 13
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Opinion‘As CD&R rescues McColl’s, it’s time to change the narrative on private equity’
After a wretched few days, today finally brought some much-needed certainty for McColl’s 16,000 employees and the 2,000 members of its two pension schemes.
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NewsMorrisons sweetens last-ditch McColl’s bid following EG Group swoop
Morrisons has upped its initial offer for convenience chain McColl’s in an eleventh-hour attempt to win the chain ahead of rival bidders EG Group.
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NewsMcColl’s collapses into administration as EG Group seeks to trump Morrisons’ approach
McColl’s has plunged into administration amid reports that Asda owners the Issa brothers are looking to trump rival Morrisons’ approach to save the c-store specialist.
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NewsMorrisons strikes eleventh-hour deal to save McColl’s from collapse
Supermarket giant Morrisons has swooped in to save embattled convenience retailer McColl’s with an eleventh-hour rescue deal that will preserve the majority of stores and jobs.
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NewsMcColl’s flags likely administration unless funding predicament resolved
Convenience store group McColl’s said the prospect of administration is “increasingly likely” if it cannot find a solution to its funding difficulties.
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NewsIssa brothers’ EG Group in £12bn merger talks with Couche-Tard
EG Group, the petrol forecourt giant operated by Asda owners the Issa brothers, is reportedly in talks to merge with Canadian c-store titan Couche-Tard.
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DataData: Grocery sales fall for first time since pandemic began as food inflation surges
Take-home grocery sales went into reverse in April for the first time since the pandemic began, as rampant food inflation hit its highest level since 2011.
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NewsMcColl’s seeks refinancing after latest profit warning
McColl’s has issued a profit warning after a “softer” Easter trading period.
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NewsIssa brothers’ EG Group to create 32,000 jobs in next five years
EG Group, the petrol station and food retail business owned by the Issa brothers, plans to create 32,000 jobs globally over the next five years.
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AnalysisAnalysis: How Tesco is tackling retail’s three most ‘significant uncertainties’
Tesco unveiled surging profits as it powered through the pandemic – but there was more than an air of caution as directors presented full-year results.
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NewsExclusive: Co-op names ‘co-managing directors’ to cover Jo Whitfield absence
The Co-op is poised to promote two senior executives to ‘co-managing directors’ of its food business to cover boss Jo Whitfield’s career break.
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NewsMcColl’s boss Miller exits as rescue talks progress
McColl’s boss Jonathan Miller has stepped down after more than three decades with the business as it scrambles to secure fresh investment.
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AnalysisAnalysis: How Primark, Morrisons and Hotel Chocolat are serving up food and beverage innovations
As coronavirus restrictions have lifted, retailers have looked to in-store dining to bolster footfall and drive both store and online sales. But what are the challenges and opportunities presented by in-store dining in a post-pandemic world?
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NewsTesco launches exclusive frozen range with Italian restaurant chain Zizzi
Tesco has launched an exclusive at-home dining range with Italian restaurant chain Zizzi.
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Opinion‘As Lidl overtakes the Co-op, grocery’s established order could be set for a shake-up’
As Russia’s invasion of Ukraine heaps further pressure on global supply chains and commodity prices, Aldi and Lidl could permanently shift UK grocery’s established order, writes Hugh Radojev.
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NewsMcColl’s hopes for cash or buyer as profits come under pressure
Convenience store group McColl’s maintained it is optimistic about finding a “financing solution” to its problems following speculation that it was battling to stave off administration.
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NewsCo-op Food boss Jo Whitfield to step aside for four-month career break
The Co-op’s food boss Jo Whitfield will step away from the business for four months late this year in order to “support her family”.
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NewsChanges to Tesco overnight shifts put more than 1,400 jobs at risk
Tesco has announced changes to overnight roles in some convenience and supermarket stores that will put more than 1,400 roles at risk.
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NewsSainsbury’s poaches McColl’s commercial chief for key food role
Sainsbury’s has poached McColl’s chief commercial officer to take up a key food role as it ramps up focus on its core grocery business.
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NewsGrocers explore options as Omicron surge sees staff absences double
Grocers are extending temporary staff contracts and prioritising food and online deliveries over other areas of their business as the Omicron coronavirus surge doubles staff absences.