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In Northern Ireland Morrisons sold the Safeway stores, and a store in Bangor that opened after the Morrisons takeover, to Asda. [ 19 ] Waitrose purchased five stores in 2005, [ 20 ] followed by six more on 18 July 2006, including the former Safeway store in Hexham , Northumberland, which became England's most northerly Waitrose branch.
The PA news agency examines some of the key questions after private equity firm CD&R launched a bid to buy the supermarket chain.
The British Safeway was founded in 1962 by the American Safeway Inc., before being sold to Argyll Foods in 1987. It was later listed on the London Stock Exchange. [citation needed] It was purchased by Morrisons in March 2004. Most of its 479 shops were rebranded as Morrisons, with others being sold.
Morrisons’ takeover of McColl’s is expected to be cleared after the supermarket giant told regulators it would sell 28 convenience stores to push the move through.
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In September 2015, Morrisons announced the sale of its 140 M Local shops to Mike Greene and Greybull Capital, to be re-branded as My Local, for £25 million. [13] Wm Morrison Supermarkets plc sold its wholly owned subsidiary Wm Morrison Convenience Stores Limited on 26 October 2015 to MLCG Limited.
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Tesco is the largest supermarket chain in the United Kingdom.. As of November 2024, there are 17 supermarket chains currently operating in the United Kingdom. The food retail market has been dominated by the 'big four' supermarkets – Tesco, Sainsbury's, Asda and Morrisons – who made up over three quarters of sector market share in 2010.