All Market Consolidation articles – Page 2
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News
Morrisons' wholesale business drives first quarter growth
Morrisons’ wholesale business drove the multiple forward in the first quarter, with a 2.1% increase in like-for-like sales compared with just 0.2% from retail.
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Sainsbury's profits slump in wake of failed Asda merger
Sainsbury’s pre-tax profits plunged 41.6% to £239m in the year to 9 March, driven in part by the failure of its proposed merger with Asda.
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Londis celebrates 60 years with programme of new deals
Londis is celebrating its 60th anniversary this year with a host of promotional activity including consumer prize draws.
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CMA blocks merger of Sainsbury’s and Asda over price concerns
The Competition and Markets Authority (CMA) has blocked the proposed merger of Sainsbury’s and Asda after concluding that “UK shoppers would be worse off”.
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Nisa retailers seeing rewards of Co-op deal
Almost one year on from the Co-op Group’s takeover of Nisa, store owners are receiving their first trading-related share payments and painting an improving picture of margins and store support, but say that plenty more still needs to be done.
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Co-op finalising franchise plans with Nisa and Costcutter retailers
A number of independent Nisa and Costcutter retailers are set to become Co-op franchisees by the end of the financial year, C-Store has learned.
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Co-op Group food growth at seven-year high after Nisa buyout
The Co-op Group has announced the fastest growth in its food business in seven years, and a 4.4% rise in like-for-like food sales, following the acquisition of Nisa last year.
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One in six products sold via Nisa now Co-op branded
Co-op own brand products now account for 16% of all Nisa sales volume, or one in six products sold, the group has reported.
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Wholesale buying group Confex eyes digital-driven growth
Wholesale buying group Confex has revealed its three-year strategy for growing its business and increasing membership, with a focus on digital and app-based platforms.
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Nisa and Costcutter stores get access to 1,000 more Co-op lines
Nisa is set to roll out a further 1,000 Co-op own brand products to independent Nisa and Costcutter stores, which will subsequently have access to more than 80% of the full Co-op range.
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News
Costcutter claims to have turned a corner after annual sales drop
The latest accounts for Costcutter Supermarkets Group show that the organisation has continued to lose money in 2018, but the management team remains confident that the group has turned a corner back into positive territory following the new supply deal with the Co-op.
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News
Sainsbury's and Asda offer to sell stores to secure merger
Sainsbury’s and Asda have offered to sell up to 150 supermarkets and a number of convenience stores to allow their proposed merger to go ahead, amid concerns raised by the Competition and Markets Authority (CMA).
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News
University of Kent next in line to open Co-op franchise stores
Two university-based Co-op franchise stores are set to open in Kent, following the launch of the pioneering Leeds University franchise site last month.
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News
Unitas Wholesale makes strides to benefit independents
Unitas Wholesale has made significant progress in delivering “a competitive commercial package” for its independent retailers, including faster access to NPD and enhanced rates for food to go services, according to managing director Darren Goldney.
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Morrisons on target to exceed £1bn in wholesale sales
Morrisons achieved its £700m annualised wholesale supply sales target in the year to February, and remains on target to exceed £1bn in wholesale sales, the multiple announced in its latest annual results.
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News
Booker offers higher margins after customer pressure
Booker is offering retailers enhanced margins on key lines following pressure from customers.
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News
McColl's set to trial Morrisons Daily fascia in 10 stores
McColl’s has announced the trial of the Morrisons Daily fascia at 10 of its stores in the North West.
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News
Leeds University opens new Co-op franchise store
Leeds University Union (LUU) has opened its new Co-op franchise store, the first of its kind on a university campus.
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News
Sainsbury's and Asda merger thrown into doubt
The proposed merger between Sainsbury’s and Asda is in jeopardy after phase two of the Competition and Markets Authority’s (CMA) investigation provisionally found “extensive competition concerns.”
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News
McColl’s profits fall following supply chain disruption
McColl’s Retail Group has announced an 8.1% increase in total revenue in the year ending 25 November 2018, but supply chain disruption was blamed for a drop in pre-tax profit to £7.9m.
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