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Londis (United Kingdom), Londis
Londis or Londi may refer to: * Londis (United Kingdom), a chain of convenience store franchises operating in the United Kingdom * Londis (Ireland), a chain of convenience store franchises operating in Ireland * Londi, village in Estonia {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Londis (United Kingdom)
Londis is a symbol group in the United Kingdom with over 2,000 stores nationwide. Tesco plc owns the brand, following its 2018 purchase of Booker Group.https://www.economicsonline.co.uk/business_economics/tesco_buys_booker.html/ Although it was formerly a subsidiary, the Londis brand in Ireland is no longer related to Londis (UK). Etymology The name Londis is a contraction of "London District Stores". History Foundation Londis was established in Great Britain in 1959 by Kevin Stanley Adams as a communally owned company, with each retailer owning a share in the parent company. Acquisition by Musgrave Group However, in June 2004, the parent company was sold to the Irish Musgrave wholesale chain with a payment of £31,000 being made to each retailer who owned a stake, bringing it under the same ownership as Budgens, which has now adopted a similar franchise based business model. This acquisition proved controversial, with the CEO of Musgrave in the United Kingdom, Eoin McGetti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Londis (Ireland)
Londis is a chain of convenience shop franchises operating in Ireland. The stores form a symbol group and are all owned on a franchise basis. The parent company for Londis Ireland is wholesaler retail grocery franchise operator BWG Foods UC. In December 2012, the company has an estimated net worth of £319 million. Operations In Ireland, the Londis format is controlled by grocer-owned wholesaler ADM Londis plc. Allied Dublin Merchants was a co-operative of grocers in Ireland founded in 1954. Its subsidiary, ADM Londis Ltd, began in 1970 when it acquired the Londis master franchise for Ireland. In 1995, it bought the rights to the brand for the island of Ireland outright. Its only remaining link with Londis UK is the name. A 1975 name change to Allied Distributive Merchants preceded the 2005 formation of ADM Londis plc. ADM Londis describes itself as a retailers' co-operative and its members own 360 stores. Changing from a legal co-operative to an unlisted public limited co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
