Londis
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Londis is the name for two retail chains operating in the UK and Ireland. The stores form a symbol group and are all owned on a franchise basis.
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[edit] Great Britain
Londis was established in Great Britain in 1959 as a communally owned company, with each retailer owning a share in the parent company. The name Londis was a contraction of "London District Stores". However, in 2004, the parent company was sold to the Irish Musgrave wholesale chain, bringing it under the same ownership as Budgens, which has now adopted a similar franchise-based business model.
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[edit] Ireland
In Ireland, the Londis format is controlled by grocer-owned wholesaler ADM Londis plc.
Allied Dublin Merchants was a co-operative of grocers in Ireland founded in 1954. Its subsidiary, ADM Londis Ltd, began in 1970 when it acquired the Londis master franchise for Ireland. In 1995, it bought the rights to the brand for the island of Ireland outright. Its only remaining link with Londis UK is the name. A 1975 name change to Allied Distributive Merchants preceded the 2005 formation of ADM Londis plc.[1]
ADM Londis describes itself as a retailers' co-operative, and its members own 360 stores. Changing from a legal co-operative to an unlisted public limited company in 2004, ADM Londis also claims to be the only Irish symbol group where retailers can own the company through share holdings and realise the value in their shares at market price.[2][1]
From 1998 to 2004, a number of petrol stations in Ireland had Londis-branded forecourt stores as part of an agreement with Tedcastles Oil Products (TOP), a major Irish fuel retailer. These stores, and several high street stores owned by TOP Petrol Stations, were called Londis Topshop. In 2004 however, ADM Londis and TOP dissolved their agreement. ADM then acquired the jointly owned Londis Topshop stores and rebranded them as Londis, using the opportunity to rebrand the stores with the new Londis logo.[1]
ADM Londis introduced the Londis Plus brand for larger, supermarket-format stores.
[edit] References
- ^ a b c About. ADM Londis plc. Retrieved on 2008-05-20.
- ^ Franchising. ADM Londis plc. Retrieved on 2008-05-20.
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[edit] External links
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