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.