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Encyclopedia > Londis

Londis is a UK and Ireland based retail chain. The stores are all owned on a franchise basis. A Target chain store. ...


Originally, Londis in Great Britain was 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 Musgraves wholesale chain. 2004 is a leap year starting on Thursday of the Gregorian calendar. ... Musgrave is a giant Irish food retailer, founded in 1878. ... In commerce, a wholesaler buys and stores goods in large quantities from their manufacturers or importers, and then sells smaller quantities to retailers, who in turn sell to the general public. ...


In Ireland, the parent company is owned by ADM Londis plc (originally Allied Dublin Merchants Limited, later Allied Distributive Merchants Ltd). Initially ADM acted as a master franchise of Londis UK, but in 1995 bought the Londis brand in Ireland and Northern Ireland outright. It now has no links with Londis UK, though its former logo (before a 2004 rebranding) was very similar to the Londis UK logo. Shares in ADM Londis plc are not traded on the Irish Stock Exchange, but on a grey market.


A number of petrol stations in Ireland have Londis-branded forecourt stores, due to an agreement with TOP, a major Irish petrol company. These stores, and several high street stores also, were called Londis Topshop. In 2004, ADM Londis and TOP dissolved their agreement. ADM acquired the jointly owned Londis Topshop stores and rebranded them as simply Londis, taking the opportunity to introduce a new Londis logo. ADM Londis also announced the intention to introduce a Londis Plus brand for larger, supermarket-format stores. ADM Londis also announced its intention to change structure from a co-op to a PLC owned by its former members. This took effect in January 2005. In architecture a forecourt is an open area in front of a structures entrance. ... Tedcastles Oil Products Limited is an Irish petrol company founded in 1960 which trades under the brand name TOP. Before a rebranding in 1998, the company traded as Tedcastles Oil. It is a subsidary of Tedcastles Holdings Limited. ... PLC is an initialism for: Palestinian Legislative Council (law-making body of the Palestinian Authority) Parti Libéral du Canada (the term in French for the Liberal Party of Canada) Partido Liberal Constitucionalista (or Liberal Constitutional Party, a major political party in Nicaragua) phospholipase C Platoon Leaders Class Polish-Lithuanian...


In August 2005, a major Dublin-based Centra franchisee, Griffen Central, switched affliation to ADM Londis. This gave the company a Dublin city centre presence (with stores on O'Connell Street, Westmoreland Street, and Grafton Street), which it had previously lacked. Ongoing events • Abramoff-Reed gambling scandal • Burning Man • Edinburgh Festival • European Constitution ratification • Expo 2005 in Aichi, Japan • Fuel prices • Gomery Comm. ... Centra is an Irish convenience store that is a brand of Musgrave, the Irish food retailer. ...


  Results from FactBites:
 
Checkout 2006 (1108 words)
Under pressure from angry shareholders, the Londis board was forced to withdraw its support for the Musgrave offer, while other parties such as the Big Food Group stated their interest in the Londis chain, while promising higher ordinary shareholder payments.
With KPMG now actively seeking bids for Londis, Musgrave received its biggest boost so far when in April the Londis board announced that it was recommending that its shareholders accept a new £60 million bid from the Irish company.
Londis retailers themselves were also reported to be impressed with the roadshows as it gave them the opportunity to meet their peers, increasing the sense of solidarity within the group while also creating a positive vibe towards Musgrave.
Londis full of Christmas cheer (830 words)
Londis, the UK-based symbol group which is currently at the centre of a possible bidding war between a number of rival groups, has reported Christmas trading figures which show that the uncertainty at boardroom level had little negative effect of the in-store performance.
Some 33 Londis retailers invested a record £1.1 million in store development projects during November and December alone and a further £0.5 million is due to be spent on refits in January.
Retailers who buy a Londis Laser system, a scanning-based system which allows store owners and managers to keep track of sales more effectively, and commit to having their store developed by the group within six months of installation will receive £2,000 towards the combined cost.
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