my local convenience stores

Convenience Stores displayed by County.
The look & feel of a franchise without the fees.my Local Store is UCB's new convenience brand, tailored for the stand alone convenience store.High impact, modern signage provides a face lift solution for C-Stores.Creating the franchise look without the fees for independent retailers.my Local Store - formatted style, customised retail solutions including profit driving counters and food service - plus experienced retail support for the independent convenience channel.Need to know more? Funded by the private equity house and turnaround specialists Greybull Capital, My Local was formed in 2015 to acquire Morrisons struggling chain of M Local convenience shops with a view to bringing the shops into profitability. It was decided that cost savings were required, combined with a significant uplift in revenue.In March 2016, it emerged that My Local was in talks with.In June 2016 it was rumoured that the owners of My Local had called in KPMG for emergency help, the plan being that KPMG would help draw up last-minute plans, which included the company going into administration. As a result in February 2016, less than four months after it began trading, My Local was forced to appoint.My Local went into administration on 29 June 2016.In September 2010, Morrisons announced that it would operate a number of smaller shops to be called M local (later Morrisons M local) in major cities such as,Around 70 shops were opened by the end of 2013, which was boosted by the purchase of seven.In November 2014, Morrisons announced that six unprofitable convenience shops would close, and the roll-out of the convenience shop chain would be slowed, as a batch of 40 sites would no longer be bought.Morrisons announced the closure of a further 23 loss-making M local convenience shops in March 2015.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.Disastrous sales at My Local under Mike Greene's leadership meant that only one of the 1 closed site was re-opened under the My Local banner.In February 2016 MLCG engaged KPMG to review the options available to the company. Call us, use Live Chat, or read more in our online Help Centre.Director Support - Business suffering from Cash-Flow Problems?If your company is financially distressed, we also offer the below services:Almost 100 jobs saved at Midlands bar and restaurant chain Town and Country Inns plc,Estate Agents Sold out of Administration with 32 Jobs Saved,Bradford based Alatas Engineering bought out of administration,Construction Firm Continues Trading following Administration Procedure,Future of Residents and Staff Secured as Care Home is Sold Out of Liquidation,Successful Sale of MSS Clean Technology out of Administration,Women’s footwear specialists Ted & Muffy rescued from administration.Update your browser to view this website correctly.Upgrading your browser will increase security and improve your experience on all websites.My Local Convenience Store Group ‘Considering Administration’.Bosses of the recently formed My Local convenience store group have called in a team of advisers to help them turn around their struggling business, with administration understood to be one possible route forward for the organisation.Real Business Rescue - Licensed Insolvency Practitioners,entering the business into administration apparently a potential way forward. The newly-created My Local chain will operate in the space between the independents and multiples, with an emphasis on local and fresh, chief executive Mike Greene has told C-Store.

Contact your UCB Business Members Manager. According to the Guardian , My Local’s bosses have now called in professional advisors from KPMG to help them decide how best to improve their operating prospects and financial position. MY LOCAL CONVENIENCE STORES LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual … My Local was established as a standalone business after it acquired a total of 120 convenience store outlets from the supermarket group Morrisons for a price of £25 million in September 2015.An entry into administration could also be bad news for the former owner of My Local’s stores, with Morrisons reportedly having retained guarantees on a number of lease obligations in the event of their new owners going out of business.Trading has been tough for My Local since its formation, with convenience stores and established supermarket chains alike facing stiff competition from fast-growing, low-cost retailers such as Aldi and Lidl throughout the UK.It has been suggested that My Local stores have struggled in part to perform well in terms of sales and profits during the past six months because they are in less than optimal locations.Many of the sites opened recently as My Local outlets were acquired by Morrisons from Blockbuster Video as it collapsed as a business and ended its activities in the UK.My Local is led by Mike Greene, who once appeared on the Channel 4 television show.Reports suggest that Morrisons’ guarantees relating to the convenience stores it sold in September last year could leave it with liabilities worth in the region of £20 million if My Local is unable to recover and goes out of business.Our licensed insolvency practitioners provide industry-leading advice to directors.Need a guaranteed confidential meeting today in one of our 78 UK offices?Find out more about solvent and insolvent closure options such as liquidation and dissolution,Our Rescue Options section is packed with advice on finance options and restructuring to help struggling businesses.Need free director advice?

Event Planning Skills For Resume, Dolphin Skeleton Anatomy, Shadow Of The Tomb Raider Cenote Documents, Gesture Meaning In Telugu, Best Robot Movies, Virginia Birth Certificate, Best Travel Hashtags 2018, Unraveled Academy Instagram, Short-finned Pilot Whale Diet, Alexandra Ford English, Spiritual Warrior Definition, Inter Milan Vs Getafe Leg 1 Result, Rajiv Gandhi Khel Ratna Award Winners List Pdf, Where Is Big Sean Now, Dark Crystal Aughra Observatory, Gambrills, Md Demographics, Switch To New Facebook Design Not Showing, Cuba Hurricane History, Loam Soil Meaning In Tamil, Squid Melody (purple), What Causes A Hemisphere On Earth To Have Summer, __fish Have Lots Of Spines, Can Inflate, Hopsin You Should've Known Mp3, Espn Fantasy Football Bug, Doubledutch Cvent, Cheap Gold Earrings Canada, Cobra Radar Detector Manual, Sperm Whale Population 2019, Taron Johnson Salary, Palaye Royale Drugs, Corporate Jargon Translator, Tourmaline Buyers In Usa, Cool Cake Ideas Easy, Munchausen By Proxy Series, What District Am I In Nyc, Smile Ap, Ap Seminar Exam, Gilmore Girls: A Year In The Life Episode 2, Scariest Movies On Netflix, Scott Weiland, How Do Dolphins Mate, Monica Dogra And Ridhi Dogra Sister, Orca Cooler Sizes, Billie Eilish Smiling Green Hair, Hippo Meat Cooked, Eli Cohen Letter,