UK supermarket group J Sainsbury is reported to be bidding for convenience store operator TM Group, owner of the Martins and Forbuoys chains.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The news comes just a few days after supermarket giant Tesco announced that it had offered £54m (US$98.6m) to buy London-based convenience store group Adminstore.


Sainsbury’s is currently up against the Co-op, which also wants to buy TM Group, in an auction process for the 1,300 convenience stores, reported the Independent.


TM Group, which also owns the McColl’s and More newsagent chains, could be sold for more than £200m, the newspaper said.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now