Londis (United Kingdom)
Parent Tesco[1] (via Booker Group[2]) | | |
Website | www |
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Londis is a symbol group in the United Kingdom with over 2,000 stores nationwide. Tesco owns the brand, following its 2018 purchase of Booker Group.[3][2][1]
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".[4]
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.[4]
Acquisition by Musgrave Group
However, in June 2004, the parent company was sold to the Irish
Acquisition by Booker Group
Since May 2015, the company has been owned by Booker Group, which purchased Londis and its sister company Budgens from the Musgrave Group for £40 million.
Tesco plc acquired Booker Group in 2018.[1]
Operations
The current Londis retailer network is in excess of 2,200 stores and forecourt shops located throughout England, Scotland and Wales.[10]
References
- ^ a b c "Tesco and Booker merger". 29 January 2020.
- ^ a b c "Booker Group to buy Budgens and Londis". BBC News. 21 May 2015. Retrieved 21 May 2015.
- ^ "Booker Retail Partners (GB) Limited". Endole. Retrieved 2 August 2016.
- ^ a b "Londis - Grocery.com". Perpetual Media Group. 14 September 2011. Retrieved 10 October 2018.
- ^ Muspratt, Caroline (23 June 2004). "Londis retailers back Musgrave's windfall takeover". Telegraph. Retrieved 2 August 2016.
- ^ Pratley, Nils (19 January 2004). "Trouble in store". The Guardian. Retrieved 10 October 2018.
- ^ "Anger over Londis directors' payout". Manchester Evening News. 12 August 2004. Retrieved 10 October 2018.
- ^ "Londis deal sees shopkeepers ring up £30,000 each". The Guardian. 23 June 2004. Retrieved 10 October 2018.
- ^ "Booker Group completes £40m acquisition of Londis and Budgens". Retail Week. 14 September 2015. Retrieved 10 October 2018.
- ^ "Exclusive: Londis reaches 2,000 stores after fall of Conviviality". betterRetailing. 9 May 2018. Retrieved 18 August 2020.