All Retailers articles – Page 12
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NewsEG Group marches on with €485m purchase of 285 sites in Germany
EG Group growth continues with the latest agreed acquisition of a network of 285 petrol station forecourts in Southern Germany from OMV Deutschland GmbH, for €485 million.The acquisition will expand EG’s presence in Germany, where EG already operates sites under the Esso fuel brand.
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NewsBid by EG Group CEOs to buy Caffe Nero is rejected
An offer to buy Caffe Nero by EG Group’s founders and co-CEOs, Zuber and Mohsin Issa, has been rejected.
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NewsEG Group to open first of planned 150 Cinnabon stores this week
EG Group has partnered with US bakery Cinnabon, to open the brand’s newest bakery on December 4 at Frontier Park in Blackburn. Additional bakeries are set to open in January 2021.
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NewsIssa brothers bid for Caffe Nero
Sky News is reporting that EG Group co-CEOs and founders Mohsin and Zuber Issa have approached Caffe Nero – one of the UK’s biggest coffee shop chains - with an offer. According to the Sky News story – widely reported across the national press - the brothers have made contact over the weekend with a proposal to buy Caffe Nero from its founder and controlling shareholder, Gerry Ford.
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NewsPark Garage Group extends Texaco portfolio to 30 sites
Top 50 Indie Park Garage Group (PGG) has extended its relationship with Valero and added a further two sites to its Texaco portfolio.
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NewsMaxol launches carbon off-setting programme
The Maxol Group has announced a carbon emissions offsetting programme that aims to support a number of green initiatives both at home and globally, including the planting of 10,000 trees across the island of Ireland, local community projects and global projects designed to offset carbon emissions, including fuel emissions.
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NewsSewell on the go donations to local food banks tops £5,500
More than 250 vulnerable families will receive a vital food parcel thanks to the generosity of Top 50 Indie Sewell on the go.
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NewsWessex Retail adds forecourt to its Spar network in the South West
Wessex Retail has recently completed the acquisition of Newtown Services near Penzance, Cornwall.
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NewsIssa brothers awarded CBEs
Zuber & Mohsin Issa, founders and co-CEOs of EG Group have been honoured in the Queen’s Birthday Honours List 2020. Both brothers have been awarded a CBE for their contribution to business and charity.
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NewsFirst Asda on the Move opens on Euro Garages site in Walsall
The first ‘Asda On the Move’ convenience store has opened on a Euro Garages site in Walsall. The site is part of a three-store trial with EG Group that will see Asda open on forecourts in the Midlands during October and follows last week’s announcement that Asda is being acquired by the Issa brothers and TDR Capital.
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NewsFormer hand car wash site destined for new PFS development
A new forecourt development is set to be built on the site of a former hand car wash operation, following its recent sale by specialist business property advisor, Christie & Co.
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NewsIssa brothers agree £6.8bn deal with Walmart to take over Asda
A £6.8bn deal to buy Asda has been agreed by EG Group’s founders and joint CEOs Zuber and Mohsin Issa and private equity group TDR Capital. The transaction, which is subject to regulatory approval and expected to complete in the first half of next year, involves the Issa brothers and TDR Capital acquiring a majority ownership stake in Asda, but its current owner, the giant US retailer Walmart will retain an equity investment in the business, with an ongoing commercial relationship and a seat on the board.
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NewsEG Group is chosen as the preferred bidder to take over Asda
Euro Garages parent company EG Group is the leading contender to take over Asda in a £6.5bn deal. According to Sky News, a consortium led by Mohsin and Zuber Issa, the bosses of EG Group, and TDR Capital, the London-based private equity firm, has been selected by Asda’s owner, the American retailer Walmart, as the preferred bidder for the supermarket group.
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NewsTop 50 Indie Ascona Group unveils first store with Nisa Local fascia
Top 50 Indie Ascona Group has unveiled its first Nisa Local store fascia as plans to convert all its sites to the brand get underway.
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NewsEuro Garages trials ‘Asda on the Move’ convenience brand
Top 50 Indie Euro Garages is taking part in an in-store trial with Asda.
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NewsKay Group opens new-to-industry service station in South Yorkshire
Top 50 Indie The Kay Group, has opened the doors to its new service station in Beighton, Sheffield. After postponing the original June opening date due to lockdown, the company has unveiled its latest new-to-industry site, which is situated just off the M1, on the main A57 towards Sheffield.
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NewsApplegreen reports sharp recovery in sales following a 26.6% fall in first half
Applegreen has reported a sharp recovery in sales following the lockdown as it recorded a 26.6% reduction in sales for the first half of 2020.
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NewsSourced Market introduces local artisan food to Leeds Skelton Lake Services
An all-day food marketplace that is inspired by farmers markets has opened at Extra MSA’s new Leeds Skelton Lake Services, at Junction 45 off the M1.
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NewsMFG opens new-to-industry forecourt in Jersey to take island estate to four sites
The number one Top 50 Indie MFG has just opened a new-to-industry station on Jersey. Operated under MFG’s Roberts Garages brand, Roberts West is MFG’s fourth station on the island. Located beside Jersey Airport, the Esso-branded station is the largest petrol forecourt in the Channel Islands. It offers the full range of Esso fuels, a 2,000sq ft. convenience store, extensive valeting facilities and an Auto Centre that MFG describes as “state of the art”.
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NewsEuro Garages to invest in new £4m forecourt development in Northumberland
Euro Garages is to invest £4m building a circa 8,000sq ft development on the Ashwood Business Park in South East Northumberland. The site will include a petrol filling station, convenience store, and drive-thru Starbucks outlet and will create 50 full and part-time jobs, with a further 40 jobs through construction work.