Booker news

19 June 2018
Londis, part of Tesco subsidiary, Booker's symbol group retail network, has reported record sales growth for the 2017/18 financial year, with non-tobacco category sales up 26% and tobacco up 16%. Boosted by 300 new member stores  With total group store numbers now approaching 2,000, Londis has benefited especially from a number of group contract wins by the wider Booker business, especially...
15 June 2018
Tesco has reported encouraging Q1 trading lifted by very positive initial results from newly integrated Booker. Group LFL sales increased by 1.8% in the 13 weeks to May 26th, representing a 10th consecutive quarter of growth. Headline results UK and ROI sales ahead by 3.5% boosted by 14.3% growth at newly integrated Booker UK sales +2.1% down from 2.3% in Q4 but impacted by timing of ...
08 March 2018
In a wide ranging interview at Retail Week Live, Tesco's Chief Product Officer Jason Tarry has spoken of how stronger supplier relations are crucial to Tesco's future and provided new insight around its strategy. Supplier relations: "Great progress but more to do" Commenting generally on collaboration with suppliers, Tarry said the closer businesses work together "the better we do as joint ...
05 March 2018
Tesco and Booker have confirmed that their merger has become effective as of 8am on 5 March 2018, following court approval. Resounding 'yes' vote from both sets of shareholders The completion of the merger follows a resounding vote in favour of the deal last week, with 85% of Tesco shareholders and 83% of Booker shareholders backing the merger. The merger will result in a vertically-integra...
28 February 2018
Shareholders of Tesco and Booker have backed their boards and voted in favour of merging the two businesses. Resounding 'yes' vote from both sets of shareholders 85% of Tesco shareholders and 83% of Booker shareholders backed the merger, which is now expected to be completed on March 5th having already received clearnace from the UK Compeition and Markets Authority. The merger will craete a...
22 February 2018
Booker has now opened its first implant within a Tesco store so we popped in to check it out.  Located in the Tesco Extra hypermarket at Bar Hill, Cambridge, the Chef Central unit occupies approximately 10,000 sq ft (930 sq m) partitioned off in one of the front corners of the store. Source: IGD Research Effectively a separate trading unit, it has its own entrance, welcome desk and til...
06 February 2018
In a first indication of how Booker and Tesco may develop joint projects going forward, Booker to is to open a Chef Central store-within-a-store in one of the largest Tesco stores at Bar Hill, Cambridge. To open late February This first trial implant will open before the completion of the proposed merger (currently expected to occur on 5 March), and will be operated on an 'arm's length' bas...
11 January 2018
Booker, the leading UK food & grocery retailer shortly to merge with Tesco, has announced trading figures for the 16 weeks to 29 December, showing a step up in performance versus Q2 with total sales increased by 3.4%.  Like-for-like sales proved even stronger with growth of 3.8%. Tobacco decline slowing After sharp falls in tobacco sales in the previous two quarters, this category was down ...
20 December 2017
The UK Competition and Markets Authority (CMA) has published its final findings on the potential competition effects of the merger between Tesco and Booker, the UK's largest grocery retailer and the UK's largest grocery wholesaler respectively.  Reiterating the findings of the provisional report in November, this report gives the formal go-ahead for the deal, which will create a business with joi...
19 December 2017
It has been announced that Booker Retail Partners, the delivered arm of leading UK grocery wholesaler Booker, has secured the contract to supply 370 (out of 491) forecourt stores operated by MRH the country's biggest independent fuel dealership.  This is the second significant customer gain for Booker in the forecourt sector, in the aftermath of the collapse of Palmer & Harvey, which was the bigg...