THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Tesco's One Stop buys 33 Alfred Jones shops

Tesco’s convenience store chain One Stop Stores has acquired 33 shops from convenience retailer Alfred Jones as part of its long-term growth strategy.

GENERAL MERCHANDISE

Tesco's One Stop buys 33 Alfred Jones shops

Tesco’s convenience store chain One Stop Stores has acquired 33 shops from convenience retailer Alfred Jones as part of its long-term growth strategy.

The purchase will bring One Stop’s total number of stores to 682 across England and Wales, and grow its employee base to almost 10,000. The acquired stores are based in the North West of England. The deal is conditional upon regulatory approval and is expected to complete later in the year. 

One Stop chief executive Tony Reed said: “Having over 20 years’ experience in the convenience market puts us in a good position to help neighbourhoods thrive. With the purchase of these stores, we can introduce One Stop’s quality, great value, range and service to customers in new communities.

“We will also invest in store refurbishment to improve the shopping experience for our customers. “We’re delighted to welcome the store staff to our team. One Stop is a growing business that revolves around people. We believe firmly in investing in our staff, helping them to develop their careers with the company. We look forward to working with these new stores.”

Alfred Jones, which operates under the Spar fascia, has 49 convenience stores and 18 forecourt sites located predominantly in the North West.

Tesco acquired One Stop Stores in 2003. The convenience chain operates as a separate business from the supermarket from a head office in Walsall in the West Midlands.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‚Äėsmall and beautiful‚Äô solutions can increase your conversion rates within just a few weeks.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process