Somerfield to take over small Safeway stores

Supermarket group Somerfield is to take control of 114 smaller Safeway stores as part of a £260m (€374.4m) deal involving rival Morrisons, it said today.

Somerfield to take over small Safeway stores

Supermarket group Somerfield is to take control of 114 smaller Safeway stores as part of a £260m (€374.4m) deal involving rival Morrisons, it said today.

Bradford-based Morrisons, which bought Safeway last year, said the disposal would allow it to concentrate on larger sites and speed up the conversion of stores to its own brand.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited