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Symbol Group
A symbol group is a form of franchise of convenience shops, found primarily in the United Kingdom and Ireland. They do not own or operate shops, but act as suppliers to independent shops which then trade under a common banner. Unlike other forms of franchise, they have expanded primarily by selling their services to existing shops, rather than by actively developing new outlets. Examples of such franchises are Spar, Londis, Nisa Local and Centra. Groups Symbol groups include: *Spar * Londis - 1,800 shops (part of Booker Group) *Costcutter - 2,600 shops * Musgrave Group * BWG Foods *Premier Stores - 3,400 shops (part of Booker Group) * Nisa - 2,400 shops Booker Group is a wholly owned subsidiary of Tesco. Market In 2014, the Institute of Grocery Distribution (IGD) reported that the symbol group market is worth £15.5bn, with a 42% share of the UK convenience market through 17,080 shops. In the 2010s there was significant consolidation in the sector, as Tesco purchased Book ...
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Nisa - Warren Lane (geograph 2998587)
Nisa may refer to: Locations * Nısa, a village in Azerbaijan * Nisa (Boeotia), a city of ancient Boeotia, Greece * Nisa (Lycia), an ancient city now in Turkey * Nisa (Megaris), a city of ancient Megaris, Greece * Nisa, Iran, a village in Hormozgan Province, Iran *Nisa, Portugal, a municipality in the district of Portalegre *Nisa, Turkmenistan, an ancient city, first capital of the Parthians * Nisa River (other), several rivers Organizations *National Intelligence and Security Agency, of the Federal Republic of Somalia * National Intelligence Security Authority, a defunct agency of the Republic of the Philippines *Nippon Ichi Software, a Japanese video game developer *Nisa (retailer), a British symbol group of small grocery stores * Nisa Aşgabat, a Turkmen football club *Nuclear and Industrial Safety Agency, a defunct agency of the Government of Japan Sports *National Ice Skating Association, a British sports governing body *National Independent Soccer Association, an A ...
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BWG Foods
BWG Foods UC is an Irish wholesaler and retail grocery franchise operator. BWG is the second largest wholesaler in Ireland in terms of sales, after Musgrave Group, with sales of over €1.7 billion annually. It used to be owned by a consortium run by Leo Crawford, John O'Donnell and John Clohessy. In later years, The Spar Group (TSG) of South Africa acquired an 80% stake in BWG in 2015 for €55 million. In 2021 TSG gained full control over BWG and owns 100% thereof. The company head office is based in Tallaght, Dublin, Ireland. History In 2000, BWG purchased the Mace franchise area in Munster owned by Vantage Wholesale, merging it with its existing franchise area in Leinster. As of 2002, BWG was owned by Pernod Ricard who had acquired the business as part of Irish Distillers, but offered it for sale as it was not core to their business. BWG was sold via a management buyout financed by Electra Partners Europe for 220m euro. The current owners bought out Electra in 2006 thro ...
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Franchises
Franchise may refer to: Business and law * Franchising, a business method that involves licensing of trademarks and methods of doing business to franchisees * Franchise, a privilege to operate a type of business such as a cable television provider, public utility, or taxicab company, sometimes requiring the filing of tariff schedules, as in: ** Television franchise, a right to operate a television network *** Cable franchise, a right to operate a cable television network **** Cable television franchise fee, an annual fee charged by a local government to a private cable television company ** Passenger rail franchising in Great Britain, a system of contracting out the operation of the passenger services on the railways of Great Britain * Franchise, a clause used by insurance companies as a threshold for policy payments, as in deductible * Franchise, political franchise, or suffrage, the civil right to vote * Franchise jurisdiction, in English history, a jurisdiction held as ...
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Business Models
A business model describes how an organization creates, delivers, and captures value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts. The process of business model construction and modification is also called ''business model innovation'' and forms a part of business strategy. In theory and practice, the term ''business model'' is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, sourcing, trading practices, and operational processes and policies including culture. Context The literature has provided very diverse interpretations and definitions of a business model. A systematic review and analysis of manager responses to a survey defines business models ...
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Convenience Stores
A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores. A convenience store may be part of a gas/petrol station, so customers can purchase goods while refuelling their vehi ...
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Edeka
The Edeka Group is the largest German supermarket corporation , holding a market share of 20.3%. Founded in 1907, it consists today of several co-operatives of independent supermarkets all operating under the umbrella organisation ''Edeka Zentrale AG & Co KG'', with headquarters in Hamburg. There are approximately 4,100 stores with the Edeka nameplate that range from small corner stores to hypermarkets. On 16 November 2007, Edeka reached an agreement with Tengelmann to purchase a 70% majority stake in Tengelmann's ''Plus'' discounter store division, which was then merged into Edeka's ''Netto'' brand, with some 4,200 stores by 2018. Under all brands the company operated a total of 13,646 stores at the end of 2017. History The cooperative was founded in 1907 as the E.d.K. (''Einkaufsgenossenschaft der Kolonialwarenhändler im Halleschen Torbezirk zu Berlin'', "Purchasing Cooperative of Colonial Goods Retailers in the Hallesches Tor district of Berlin"). In 1911, it was rename ...
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Co-op Food
Co-op Food is a brand used for the food retail business of The Co-operative Group in the United Kingdom. Prior to reintroducing the brand in 2016, the group used " The Co-operative" branding, which is still used by a number of consumers' co-operative societies in the UK. Other societies use their own branding. In 2016, the Co-operative Food accounted for approximately 6.6% of the UK groceries market. Operations The "Co-op" brand is used by over 3,500 shops owned by various societies which make up the co-operative movement, including the Central England Co-operative and the Midcounties Co-operative. A number of co-operative societies including Scotmid and the Lincolnshire Co-operative prefer to use the 1992 'cloverleaf version' of The Co-operative brand. In May 2016, The Co-operative Group reverted to the use of its 1968 Co-op cloverleaf branding. In March 2009, The Co-operative Group acquired the Somerfield supermarket retailer for £1.57bn from a group of private equit ...
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Co-operative Group
Co-operative Group Limited, trading as Co-op, is a British consumer cooperative, consumer co-operative with a group of retail businesses including food retail, wholesale, e-pharmacy, insurance and legal services, and funeral care. The Co-operative Group has over 65,000 employees across the UK. The group has its headquarters in One Angel Square in Manchester. The Group also manages the Co-operative Federal Trading Services, formerly the Co-operative Retail Trading Group (CRTG), which sources and promotes goods for food stores of the co-operative movements of the UK. It introduced the Co-operative brand in 2007, which is used by many consumers' co-operatives in the UK and managed by the group. History Beginnings (1844–1938) The Co-operative Group has developed over the years from the merger of co-operative wholesale society, co-operative wholesale societies and many independent retail societies. The Group's roots are traced back to the Rochdale Society of Equitable Pionee ...
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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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Premier Stores
Premier is a symbol group in the United Kingdom with over 3,000 stores nationwide. Tesco took ownership of the brand in 2018 after its purchase of Booker Group. Operations All Premier shops are chain-store owned and run by retailers at a percentage every month and are generally convenience shops, stocking branded and own brand products, such as Euro Shopper and Happy Shopper Happy Shopper is a British brand of independent convenience products and wholesale foods and goods. The brand was originally owned by cash and carry company Nurdin and Peacock, who were subsequently acquired by Booker Group in November 1996. .... Premier stores can be part of a group of shops in the same area, with the same group name on each store. Some premier stores include a post office and operate as a village's post office. References External links * Tesco Convenience stores of the United Kingdom Privately held companies of the United Kingdom Supermarkets of the United Kingdom R ...
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Musgrave Group
Musgrave Group Ltd. is an Irish food wholesaler, founded in Cork by the Musgrave brothers, Thomas and Stuart in 1876. It is currently Ireland's largest grocery distributor, with operations in Ireland and Spain with estimated annual sales of over €4 billion. The current CEO (as of 2019) is Noel Keeley. Today, the company is still largely-owned by the Musgrave family. Divisions The overall business is currently made up of four divisions: *Musgrave Group is the controlling company of Musgrave, headquartered at Ballycurreen, County Cork, Ireland. *Musgrave Retail Partners Ireland operates the Centra and SuperValu supermarkets in both the Republic of Ireland and Northern Ireland, and the Mace brand in Northern Ireland. This division is headquartered at the Tramore Road in Cork. This is also the site of one of three distribution centres, the others being in Kilcock, County Kildare and one in Belfast to service Northern Ireland. They closed a centre in Galway in 2010. *Musgrave W ...
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Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in ...
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