UK-based convenience store chain Londis has reported a good Christmas trading performance, with good gains in sales of chilled foods.
Londis, which is at the centre of a takeover battle, said like-for-like sales rose almost 7% in the four weeks to 2 January, compared to the year-ago period, reported the Financial Times.
“This has been a very busy Christmas for our nearly 2,000 retailer members, with another record year in prospect,” Peter Williams, Londis chairman, was quoted as saying.
The company expects turnover of £517m (US$923.2m) from wholesale sales in the year to the end of January, compared to £510m in the previous year, the newspaper said.
Nine parties, including Somerfield, the Cooperative Group, BFG and Bestway, are though to have expressed an interest in acquiring Londis.
Go deeper with GlobalData
