This Document Is a Case Analysis of TESCO, the UK Based Supermarket Chain
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Fuel Forecourt Retail Market
Fuel Forecourt Retail Market Grow non-fuel Are you set to be the mobility offerings — both products and Capitalise on the value-added mobility mega services trends (EVs, AVs and MaaS)1 retailer of tomorrow? Continue to focus on fossil Innovative Our report on Fuel Forecourt Retail Market focusses In light of this, w e have imagined how forecourts w ill fuel in short run, concepts and on the future of forecourt retailing. In the follow ing look like in the future. We believe that the in-city but start to pivot strategic Continuously pages w e delve into how the trends today are petrol stations w hich have a location advantage, w ill tow ards partnerships contemporary evolve shaping forecourt retailing now and tomorrow . We become suited for convenience retailing; urban fuel business start by looking at the current state of the Global forecourts w ould become prominent transport Relentless focus on models Forecourt Retail Market, both in terms of geographic exchanges; and highw ay sites w ill cater to long customer size and the top players dominating this space. distance travellers. How ever the level and speed of Explore Enhance experience Innovation new such transformation w ill vary by economy, as operational Next, w e explore the trends that are re-shaping the for income evolutionary trends in fuel retailing observed in industry; these are centred around the increase in efficiency tomorrow streams developed markets are yet to fully shape-up in importance of the Retail proposition, Adjacent developing ones. Services and Mobility. As you go along, you w ill find examples of how leading organisations are investing Further, as the pace of disruption accelerates, fuel their time and resources, in technology and and forecourt retailers need to reimagine innovative concepts to become more future-ready. -
May 4Th 2020 Written Evidence Submitted by Money Mail (COV0131)
May 4th 2020 Written evidence submitted by Money Mail (COV0131) Dear Sir/Madam, The Daily Mail’s personal finance section Money Mail has compiled a dossier of readers’ letters that we hope you will find useful to your inquiry into food supply in the Covid-19 pandemic. We first published a story on Wednesday, April 22, detailing the problems some classed as ‘clinically vulnerable’ were having securing a supermarket delivery in the lockdown. We then received hundreds of emails and letters from readers sharing their experiences. This was one of the biggest responses we have received to a story in recent memory. Money Mail then ran another story the following Wednesday (April 29th) sharing more reader stories and calling on supermarkets to do more to help. In this story, we told readers that their letters (with personal details removed) would be sent to the Efra inquiry. The pages that follow, we have included more 300 of the letters and emails we received in response to our coverage of the issue. Regards, The Money Mail team, Daily Mail 1. My husband and I are having to shield but unfortunately like most other people in similar circumstances, do not meet the very limited criteria set out by the Government for assistance with Food Deliveries. One has to ask why do so many able bodied people clap and cheer for the NHS Staff from their door steps on a Thursday evening yet a great many of them go online to do their Grocery Shopping booking a Home Delivery Slot? Do they not have the sense to see their selfishness and irresponsibility means that -
Global Vs. Local-The Hungarian Retail Wars
Journal of Business and Retail Management Research (JBRMR) October 2015 Global Vs. Local-The Hungarian Retail Wars Charles S. Mayer Reza M. Bakhshandeh Central European University, Budapest, Hungary Key Words MNE’s, SME’s, Hungary, FMCG Retailing, Cooperatives, Rivalry Abstract In this paper we explore the impact of the ivasion of large global retailers into the Hungarian FMCG space. As well as giving the historical evolution of the market, we also show a recipe on how the local SME’s can cope with the foreign competition. “If you can’t beat them, at least emulate them well.” 1. Introduction Our research started with a casual observation. There seemed to be too many FMCG (Fast Moving Consumer Goods) stores in Hungary, compared to the population size, and the purchasing power. What was the reason for this proliferation, and what outcomes could be expected from it? Would the winners necessarily be the MNE’s, and the losers the local SME’S? These were the questions that focused our research for this paper. With the opening of the CEE to the West, large multinational retailers moved quickly into the region. This was particularly true for the extended food retailing sector (FMCG’s). Hungary, being very central, and having had good economic relations with the West in the past, was one of the more attractive markets to enter. We will follow the entry of one such multinational, Delhaize (Match), in detail. At the same time, we will note how two independent local chains, CBA and COOP were able to respond to the threat of the invasion of the multinationals. -
SHEETZ (Ground Lease) 1001 N Spence Avenue Goldsboro, North Carolina TABLE of CONTENTS
NET LEASE INVESTMENT OFFERING SHEETZ (Ground Lease) 1001 N Spence Avenue Goldsboro, North Carolina TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile II. Location Overview III. Market & Tenant Overview Executive Summary Photographs Demographic Report Investment Highlights Aerial Market Overview Property Overview Site Plan Tenant Overview Map NET LEASE INVESTMENT OFFERING DISCLAIMER STATEMENT DISCLAIMER The information contained in the following Offering Memorandum is proprietary and strictly confidential. STATEMENT: It is intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or representation. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. NET LEASE INVESTMENT OFFERING EXECUTIVE SUMMARY EXECUTIVE The Boulder Group is pleased to exclusively market for sale a single tenant Sheetz ground lease located in Goldsboro, SUMMARY: North Carolina. -
Redefining Convenience
WAWA REDEFINING CONVENIENCE QUICK FACTS Key Challenges Why SAP Was Selected Industry Retail • Support growth with integrated processes • Breadth and fit of software offering matched across 3 distinct businesses Wawa’s needs Revenue • Improve cost management and business • Superior integration across SAP® modules US$6.0 billion analysis with 1 version of the truth (enterprise resource planning, supply chain • Maximize square foot profitability through management, and retail) Employees assortments and clustering • SAP’s commitment to the retail industry 17,000 • Enable customer focus by store • Cost-effective upgrade strategy Headquarters associates • Extensive SAP ecosystem and partners Wawa, Pennsylvania • Empower store managers to drive • Strong customer references efficiency Web Site • Replace complex, disparate legacy www.wawa.com systems SAP® Solutions and Services SAP® ERP application, SAP for Retail solu- Implementation Best Practices Low Total Cost of Ownership tion portfolio, SAP NetWeaver® technology • Focused on active executive engagement • Replaced multiple legacy systems platform, SAP NetWeaver Business Ware- • Established a program management office • Simplified IT infrastructure house component, SAP NetWeaver Busi- • Defined project deliverables clearly • Reduced the cost of information manage- ness Warehouse Accelerator software, • Partnered closely with SAP to leverage ment, adding $250,000 annually to net treasury applications from SAP, SAP Collab- technology and implementation expertise income orative Project Management -
The Abuse of Supermarket Buyers
The Abuse of Supermarket Buyer Power in the EU Food Retail Sector Preliminary Survey of Evidence Myriam Vander Stichele, SOMO & Bob Young, Europe Economics On behalf of: AAI- Agribusiness Accountability Initiative Amsterdam, March 2009 Colophon The Abuse of Supermarket Buyer Power in the EU Food Retail Sector Preliminary Survey of Evidence Myriam Vander Stichele (SOMO) & Bob Young (Europe Economics) March 2009 Funding: This publication is made possible with funding from The Dutch Ministry of Foreign Affairs via SOMO and DGOS (Belgian Directorate General for Development Cooperation) via Vredeseilanden (VECO). Published by: AAI - Agribusiness Action Initiatives, formerly called Agribusiness Accountability Initiative The authors can be contacted at: SOMO Sarphatistraat 30 1018 GL Amsterdam The Netherlands Tel: + 31 (20) 6391291 Fax: + 31 (20) 6391321 E-mail: [email protected] Website: www.somo.nl This document is licensed under the Creative Commons Attribution-NonCommercial-NoDerivateWorks 2.5 License. The Abuse of Supermarket Buyer Power in the EU Food Retail Sector 2 Contents Contents ..........................................................................................................................3 Summary .........................................................................................................................4 Introduction.....................................................................................................................6 1. Abusive buyer power problems are being discussed in many fora while a comprehensive -
Lidl Expanding to New York with Best Market Purchase
INSIDE TAKING THIS ISSUE STOCK by Jeff Metzger At Capital Markets Day, Ahold Delhaize Reveals Post-Merger Growth Platform Krasdale Celebrates “The merger and integration of Ahold and Delhaize Group have created a 110th At NYC’s Museum strong and efficient platform for growth, while maintaining strong business per- Of Natural History formance and building a culture of success. In an industry that’s undergoing 12 rapid change, fueled by shifting customer behavior and preferences, we will focus on growth by investing in our stores, omnichannel offering and techno- logical capabilities which will enrich the customer experience and increase efficiencies. Ultimately, this will drive growth by making everyday shopping easier, fresher and healthier for our customers.” Those were the words of Ahold Delhaize president and CEO Frans Muller to the investment and business community delivered at the company’s “Leading Wawa’s Mike Sherlock WWW.BEST-MET.COM Together” themed Capital Markets Day held at the Citi Executive Conference Among Those Inducted 20 In SJU ‘Hall Of Honor’ Vol. 74 No. 11 BROKERS ISSUE November 2018 See TAKING STOCK on page 6 Discounter To Convert 27 Stores Next Year Lidl Expanding To New York With Best Market Purchase Lidl, which has struggled since anteed employment opportunities high quality and huge savings for it entered the U.S. 17 months ago, with Lidl following the transition. more shoppers.” is expanding its footprint after an- Team members will be welcomed Fieber, a 10-year Lidl veteran, nouncing it has signed an agree- into positions with Lidl that offer became U.S. CEO in May, replac- ment to acquire 27 Best Market wages and benefits that are equal ing Brendan Proctor who led the AHOLD DELHAIZE HELD ITS CAPITAL MARKETS DAY AT THE CITIBANK Con- stores in New York (26 stores – to or better than what they cur- company’s U.S. -
Booker Symbol Retail
Booker Symbol Retail Insight on shoppers: insight on stores July 2018 © IGD 2018 The UK’s biggest symbol network Premier the biggest single fascia Now encompassing over 5,600 stores the Booker retail symbol network has twice the number of the next largest symbol group or convenience chain in the UK. Total combined estimated retail sales are now £4.5bn. Operating a portfolio of four fascias Booker Booker symbol retail: store numbers symbol has a breadth of offer to meet the needs of a wide range of differing retailer 2017 2018 change needs comprising: Premier* – flexible entry level package for Premier* 3,332 3,343 +11 small stores with supply from cash & carry depots Londis 1,826 1,957 +131 Londis – fully-serviced package for smaller stores supplied through Booker Retail Budgens 159 226 +67 Partners distribution network Budgens – Tailored support package for Family Shopper 63 75 +12 larger stores including an emphasis on fresh Family Shopper – A value-focused package Total 5,380 5,601 +221 offering neighbourhood discount format © IGD 2018 Source: IGD Research * Includes Premier Express fascia variant Page 2 What defines the Booker retail symbol shopper? Top shopper Top-up is the leading mission across all missions in three fascias Tobacco/lottery/news is the second most frequent mission in Premier and Londis Budgens has significantly the largest incidence of evening meal missions Premier has the highest incidence of food- for-now missions % of shoppers on last trip shopping for Premier Londis Budgens Top-up 45 50 59 Evening meal 15 13 35 Food-for-now 26 15 18 Tobacco/lottery/news 41 42 29 © IGD 2018 Source: IGD ShopperVista Page 3 As Booker looks to the future, and the new possibilities presented by its tie-up with Stores of the Tesco, we visited three of its most recently redeveloped symbol retail stores. -
SHEETZ Raleigh, NC
Petroleum SHEETZ Raleigh, NC Corporate-wide, Sheetz is transitioning to LEDs for both its interior and exterior lighting and is turning to Cree Lighting as a partner in this initiative. At its Raleigh, NC, location, Sheetz has installed Cree Lighting fixtures featuring Cree TrueWhite® Technology inside its stores and BetaLED® Technology in the canopy outside. Sheetz / Petroleum SHEETZ SHINES BRIGHT UNDER CREE LIGHTING FIXTURES Opportunity The bottom-line objectives were to provide premium lighting, conserve energy and avoid maintenance that necessitates Sheetz® is much more than a convenience store – it’s a “mecca for shutting down pumps, thus causing inconvenience and, people on the go,” serving soccer moms and road warriors alike potentially, lost revenue. with a made-to-order café inside and quality gasoline outside. Whether you need to refuel your car or refresh your body, Sheetz has what you need to keep you moving on to whatever comes next. Solution Sheetz has been rolling out Cree Lighting interior and exterior Providing this kicked-up convenience 24/7/365 requires a solid fixtures at a number of its stores across the country. At its infrastructure, and a key component of that is an interior and newest Raleigh, NC, location, the switch was made to Cree outdoor lighting system that lends a sense of warmth and security Lighting fixtures featuring Cree TrueWhite® Technology inside while operating cost-effectively and near maintenance-free. the store and BetaLED® Technology in the canopy outside. Sheetz has a commitment to using quality equipment and building On the interior, this solution included the Cree Lighting LR6™ materials when constructing its stores. -
T He New Space Race Is On. Even As
property special the new space race he new space race is on. Even as the growth in superstores slows down, gro- cery chains are jostling for position in the rush to occupy the ‘new’ territory: The new high street-based convenience stores. TOne by one the supermarket chains have joined early leaders Tesco and Sainsbury’s in a battle to secure small stores in urban and suburban locations. New figures underline the extent of this trend. According to UK construction data experts Glenigan, space race in 2011 there was a 140% increase in c-store planning applications made by the mults on the previous year. Stuart Watson Although the number of c-store applications fell back last year, there were still almost twice as many plans tabled as in 2010 (see p50). So what’s behind this new The hypermarket is yesterday’s news. space race and does the push towards smaller stores spell the end for the hypermarket? The multiples are now fighting to snap The attraction of c-stores is being fuelled by busi- nesses that are “hooked on the drug of growth,” up space vacated by HMV, Jessops and says Richard Hyman, president of retail consultants PatelMiller. “After 30 years of relentless development of Blockbuster to fuel the growth of their hypermarkets, saturation has arrived. The last bastion of the grocery market that they had not yet penetrated convenience store formats was convenience.” 48 | The Grocer | 2 March 2013 www.thegrocer.co.uk The timing of the new push couldn’t have been better. from smaller outlets. -
Tesco to Buy Wholesaler Booker in £3.7B Deal
British supermarket giant Tesco is to buy the country's largest food wholesale operator, Booker Group PLC, in a £3.7 billion (US$4.6 billion) deal set to create "Britain’s leading food business". The acquisition is a marked change of direction for the U.K.’s biggest supermarket group, which has been closing stores around the country in a bid to cut costs. The company's CEO Dave Lewis says the announcement shows Tesco has “made significant progress in turning around our UK retail business." Booker shareholders will end up owning around 16% of the combined group under the terms of the deal. In a statement, the companies said they expected the merger to enhance quality food at attractive prices across retail and eating out locations and better serve the fast growing “out-of-home” food market. In addition, the combined group could present a broader market opportunity for suppliers “with strong growth prospects and a clear opportunity to develop better own brand and fresh ranges; cut food waste and increase efficiency by creating a broader, multi-channel partner who can work with producers across their full agricultural crop.” “Tesco has made significant progress in turning around our UK retail business. This Merger with Booker will further enhance Tesco’s growth prospects by creating the UK’s leading food business with combined expertise in retail, wholesale, supply chain and digital,” CEO Dave Lewis said. “Wherever food is prepared and eaten – ‘in home’ or ‘out of home’ – we will meet this opportunity with the widest choice and best service available.” Booker CEO, Charles Wilson, adds: “Booker is committed to improving choice, prices and FreshFruitPortal.com service for the independent retailers, caterers and small businesses that we are proud to serve. -
Sheetz and Wawa Join Forces to Provide Emergency Food Bank Relief Donations Made to Feed More in Richmond
PRESS RELEASE Sheetz and Wawa Join Forces to Provide Emergency Food Bank Relief Donations Made to Feed More in Richmond Altoona, PA (May 15, 2020) - Today Sheetz and Wawa, major convenience chains born in Pennsylvania, announced they have teamed up to provide emergency food bank relief amid the COVID-19 health crisis. Committed to the communities the convenience chains both serve, Sheetz and Wawa donated a combined 600 lunches as well as a combined $4,000 to Feed More in Richmond, Virginia. Lunches included a turkey sandwich, cookie, fruit cup, string cheese and a bottle of water. “During the last two months, we have been inspired and humbled, by those who have stepped up to help our neighbors in their times of need,” said Doug Pick, President and Chief Executive Officer at Feed More. “This unique partnership between Wawa and Sheetz, who are joining forces to fight hunger and help our neighbors in need, is a great example of community in action! We’re very grateful for their continued support and dedication to the neighbors we serve.” “In times like these, it is essential that we come together to help those who are struggling in the communities we serve,” said Joe Sheetz, CEO of Sheetz. “That is why we are partnering with Wawa to make these donations to Feed More. Through this partnership, our hope is to support and help an even greater amount of people impacted by this pandemic and ensure that food is not included on their list of worries during this very challenging time.” “Both of our company’s missions are to feed the communities we serve and now, more than ever, it was important that we join together to help our neighbors who continue to struggle amid this pandemic,” said Chris Gheysens, President and CEO of Wawa.