Who bought Somerfield?

Who bought Somerfield?

Co-op Food operations
Somerfield

When did gateway become Somerfield?

The company name was changed to Gateway Corporation in 1988. The company operations were rebranded as Somerfield in 1990 with the first store being opened in Somerset. The company took over Kwik Save in 1998 in a transaction worth 473 million pounds.

What happened to Keymarkets?

Key Markets was later bought by Gateway, and eventually rebranded as Somerfield, although several of the larger stores were taken over by ASDA, including the Sturry Road site, near Canterbury. This was in turn bought by the Co-operative Group.

Did Morrisons buy Somerfield?

Gorleston’s Somerfield supermarket was this week confirmed as the latest in East Anglia to be sold to retail giant Morrisons.

Is Netto still about?

Netto is a Danish discount supermarket operating in Denmark, Germany, Poland, and previously in Sweden and the United Kingdom both as a stand-alone venture, until its sale in May 2010 to Asda, and via a joint venture with Sainsbury’s between June 2014 and July 2016. Netto is owned by Salling Group.

When did Somerfield stores close?

2011Somerfield / Ceased operations

Is Kwik Save coming back?

Discount retailer Kwiksave is back in business five years after it went into administration and disappeared from Britain’s high streets.

What was Kwik Save own brand called?

The supermarket phased out its value own-label No Frills range from February 1999, replacing it with the Somerfield Basics range.

What happened to David Greggs?

The David Greig shop at 54-58 Atlantic Road, Brixton, is no longer a supermarket, but the frontage, containing a “DG” cypher, remains relatively original, and although the full name has been removed from the facade it is still visible in the mosaic floor outside the recessed shop entrance.

When did Somerfield start online shopping?

In 1997, the Somerfield website was launched, which gave customers access to viewing online content such as offers, services and recipes, as well as online shopping via the chain’s free Home Delivery service. “A great deal going on!” (2005–2006) In 1998, the company took over the Kwik Save chain in a £473 million transaction.

Is Somerfield the largest private company in the UK?

Also the fifth largest private company in the UK, Somerfield had a 3.8% share of the UK grocery market in 2007, down from 4.5% in 2006. The five larger retailers (in descending order of size) were Tesco, Asda, Sainsbury’s, Morrisons and The Co-operative Group.

What happened to Somerfield supermarket?

The company also previously owned the Kwik Save chain of discount food stores. The company was taken over by the Co-operative Group on 2 March 2009 in a £1.57 billion deal, creating the UK’s fifth-largest food retailer. The Somerfield name was replaced by the Co-operative brand in a rolling programme of store conversions ending in summer 2011.

What does Somerfield stand for?

Somerfield (originally Gateway) was a chain of small to medium-sized supermarkets operating in the United Kingdom. The company also previously owned the Kwik Save chain of discount food stores.