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Safeway UK
Safeway is a British brand owned chain of supermarkets and convenience shops. Founded in 1962 by the American Safeway Inc., before being sold to Argyll Foods in 1987. It was later listed on the London Stock Exchange. It was purchased by Morrisons in March 2004. Most of its 479 shops were rebranded as Morrisons, with others being sold. The brand disappeared from the United Kingdom on 24 November 2005. In November 2016, Morrisons revived the Safeway brand for a range of products, manufactured in the company's own factories, for distribution through UK independent retailers. History Early years Safeway Food Stores was established in 1962 in the United Kingdom by the American supermarket chain Safeway, with seven supermarkets and a few smaller stores in Greater London, and its first purpose-built store was opened in Bedford in 1963. It brought many ideas from the US, including larger stores with wider aisles and delicatessens, and a much wider range of products. By 1987, it had 133 ...
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Argyll Foods
Argyll Foods plc was the fourth biggest supermarket operator in the United Kingdom, through its acquisitions of a number of smaller supermarkets. In 1987 the company acquired Safeway Inc.'s UK subsidiary and in 1996 it changed its name to Safeway plc. History Early years The company was founded as ''James Gulliver Associates'' in 1977 by James Gulliver, a former Fine Fare Chief Executive, Alistair Grant, a marketing specialist and David Webster, a merchant banker. The founders acquired two food businesses, Morgan Edwards, a business owning the Supervalu chain of foodstores, and Louis C. Edwards, a meat business in Manchester,Brian BashaObituary: James Gulliver ''The Independent'', 23 September 1996 integrated them and then, in 1980, adopted the name Argyll Foods after Gulliver's place of birth. In 1981 the company bought Oriel Foods, a food manufacturing and wholesaling business which the founders had briefly owned previously in the 1970s before they sold it to RCA Corporat ...
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SPAR (retailer)
SPAR, originally DESPAR, styled as DE SPAR, is a Dutch multinational that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, and consists of 13,623 stores in 48 countries. The company's name is an acronym of the slogan ''"Door Eendrachtig Samenwerken Profiteren Allen Regelmatig"'', which was used by van Well to describe the brand and translates as "All Benefit from Joint Co-operation Regularly". Its headquarters are located in Amsterdam. The company operates a partnership programme and has a presence in most European countries, as well as many others throughout Asia, Africa and Oceania. In fiscal year 2021, SPAR earned €41.2 billion in global sales, which represented a 3.3 percent increase over the previous year. Etymology The name was originally DESPAR, an acronym of the Dutch phrase ( en, "through united co-operation everyone regularly profits"). The ac ...
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Buckie
Buckie ( gd, Bucaidh) is a burgh town (defined as such in 1888) on the Moray Firth coast of Scotland. Historically in Banffshire, Buckie was the largest town in the county until the administrative area was abolished in 1975. The town is the third largest in the Moray council area after Elgin and Forres and within the definitions of statistics published by the General Register Office for Scotland was ranked at number 75 in the list of population estimates for settlements in Scotland mid-year 2006. Buckie is virtually equidistant to Banff to the east and Elgin to the west, with both approximately distant whilst Keith lies to the south by road. Etymology The origin of the name of the town is not entirely clear. Although the folk etymology is that Buckie is named after a seashell (genus ''buccinum'') the reality is that the shared marine background is a coincidence. The name Buckie would not have originally identified a place immediately adjacent to the sea, so alternative ...
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Elgin, Moray
Elgin (; sco, Ailgin; gd, Eilginn, ) is a town (former cathedral city) and formerly a Royal Burgh in Moray, Scotland. It is the administrative and commercial centre for Moray. The town originated to the south of the River Lossie on the higher ground above the floodplain where the town of Birnie is. There, the church of Birnie Kirk was built in 1140 and serves the community to this day. Elgin is first documented in the Cartulary of Moray in 1190 AD. It was created a royal burgh in the 12th century by King David I of Scotland, and by that time had a castle on top of the present-day Lady Hill to the west of the town. The origin of the name Elgin is likely to be Celtic. It may derive from 'Aille' literally signifying beauty, but in topography a beautiful place or valley. Another possibility is 'ealg', meaning both 'Ireland' and 'worthy'. The termination 'gin' or 'in' are Celtic endings signifying little or diminutive forms, hence Elgin could mean beautiful place, worthy place or litt ...
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Nairn
Nairn (; gd, Inbhir Narann) is a town and royal burgh in the Highland council area of Scotland. It is an ancient fishing port and market town around east of Inverness, at the point where the River Nairn enters the Moray Firth. It is the traditional county town of Nairnshire. At the 2011 census, Nairn had a population of 9,773, making it the third-largest settlement in the Highland council area, behind Inverness and Fort William. Nairn is best known as a seaside resort, with two golf courses, award-winning beaches, a community centre and arts venue, a small theatre (called The Little Theatre) and one small museum, providing information on the local area and incorporating the collection of the former Fishertown museum. History The History of Nairn is a broad and diverse topic spanning its Palaeolithic and Mesolithic roots before recorded history, to the Picts and the visitation of Roman general Agriocola. Its possible founding under the name Ekkailsbakki by Sigurd, Earl of ...
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Inverness
Inverness (; from the gd, Inbhir Nis , meaning "Mouth of the River Ness"; sco, Innerness) is a city in the Scottish Highlands. It is the administrative centre for The Highland Council and is regarded as the capital of the Highlands. Historically it served as the county town of the county of Inverness-shire. Inverness lies near two important battle sites: the 11th-century battle of Blàr nam Fèinne against Norway which took place on the Aird, and the 18th century Battle of Culloden which took place on Culloden Moor. It is the northernmost city in the United Kingdom and lies within the Great Glen (Gleann Mòr) at its northeastern extremity where the River Ness enters the Beauly Firth. At the latest, a settlement was established by the 6th century with the first royal charter being granted by Dabíd mac Maíl Choluim (King David I) in the 12th century. Inverness and Inverness-shire are closely linked to various influential clans, including Clan Mackintosh, Clan Fraser and Cl ...
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Clubcard
Tesco Clubcard (commonly referred to and branded as Clubcard) is the loyalty card of British supermarket chain Tesco. The Clubcard scheme operates in the United Kingdom, Ireland, Czech Republic, Slovakia, Hungary and several other countries. As of 2017, there were over 17 million users in the United Kingdom. History In 1993, Terry Leahy asked the Tesco marketing team to investigate the potential of loyalty cards. In the past Tesco had run Green Shield Stamps as a promotional tool which rewarded people for visits and spend, but gained no customer information. The initial team researched programmes across the world and developed a proposal which showed that a loyalty card could be very effective. The key change since the days of Green Shield Stamps was the ability to track individual customer behaviour cost-effectively using a magnetic stripe card. In 1994, Grant Harrison attended a conference where Clive Humby from marketing firm dunnhumby was speaking. Dunnhumby was already ...
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Sainsbury's
J Sainsbury plc, trading as Sainsbury's, is the second largest chain of supermarkets in the United Kingdom, with a 14.6% share of UK supermarket sales. Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company was the largest UK retailer of groceries for most of the 20th century. In 1995, Tesco became the market leader when it overtook Sainsbury's, which has since been ranked second or third: it was overtaken by Asda from 2003 to 2014, and again in 2019. In 2018, a planned merger with Asda was blocked by the Competition and Markets Authority over concerns of increased prices for consumers. The holding company, J Sainsbury plc, is split into three divisions: Sainsbury's Supermarkets Ltd ( including convenience shops), Sainsbury's Bank, and Argos. As of 2021, the largest overall shareholder is the sovereign wealth fund of Qatar, the Qatar Investment Authority, which holds 14.99% of the company. It is listed on the London Stock Exchange and is a cons ...
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Tesco
Tesco plc () is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. In 2011 it was the third-largest retailer in the world measured by gross revenues and the ninth-largest in the world measured by revenues. It has shops in Ireland, the United Kingdom, the Czech Republic, Hungary and Slovakia. It is the market leader of groceries in the UK (where it has a market share of around 28.4%). Tesco has expanded globally since the early 1990s, with operations in 11 other countries in the world. The company pulled out of the US in 2013, but continues to see growth elsewhere. Since the 1960s, Tesco has diversified into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol, software, financial services, telecoms and internet services. In the 1990s, Tesco re-positioned itself from being a downmarket high-volume low-cost retailer, attempting to attract a range of social groups with its low-cost ...
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Asda
Asda Stores Ltd. () (often styled as ASDA) is a British supermarket chain. It is headquartered in Leeds, England. The company was founded in 1949 when the Asquith family merged their retail business with the Associated Dairies company of Yorkshire. It expanded into Southern England during the 1970s and 1980s, and acquired Allied Carpets, 61 large Gateway Supermarkets and other businesses, such as MFI Group. It sold these acquisitions during the 1990s to concentrate on the supermarkets. It was listed on the London Stock Exchange until 1999 when it was acquired by Walmart for £6.7 billion. Asda was the second-largest supermarket chain in the United Kingdom between 2003 and 2014 by market share, at which point it fell into third place. Besides its core supermarkets, the company also offers assistance for insurance and payment services and a mobile phone provider. In February 2021, the Issa brothers (Mohsin and Zuber) and TDR Capital acquired Asda. Walmart retains "an equi ...
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Share Repurchase
Share repurchase, also known as share buyback or stock buyback, is the re-acquisition by a company of its own shares. It represents an alternate and more flexible way (relative to dividends) of returning money to shareholders. When used in coordination with increased corporate leverage, buybacks can increase share prices. In most countries, a corporation can repurchase its own stock by distributing cash to existing shareholders in exchange for a fraction of the company's outstanding equity; that is, cash is exchanged for a reduction in the number of shares outstanding. The company either retires the repurchased shares or keeps them as treasury stock, available for re-issuance. Under U.S. corporate law, there are six primary methods of stock repurchase: open market, private negotiations, repurchase " put" rights, two variants of self-tender repurchase (a fixed price tender offer and a Dutch auction), and accelerate repurchases. More than 95% of the buyback programs worldwide are ...
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Butterworth-Heinemann
Butterworth–Heinemann is a British publishing company specialised in professional information and learning materials for higher education and professional training, in printed and electronic forms. It was formed in 1990 by the merger of Heinemann Professional Publishing and Butterworths Scientific, both subsidiaries of Reed International. With its earlier constituent companies, the founding dates back to 1923. It has publishing units in Oxford (UK) and Waltham, Massachusetts (United States). As of 2006, it is an imprint of Elsevier. See also *LexisNexis Butterworths LexisNexis is a part of the RELX corporation that sells data analytics products and various databases that are accessed through online portals, including portals for computer-assisted legal research (CALR), newspaper search, and consumer informa ... References External links * Book publishing companies of the United Kingdom Elsevier imprints {{publish-corp-stub ...
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