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Home > Company Index > Retail > Grocery Retailing > Somerfield plc

Somerfield plc
 NEWS FROM THE STANDARD
U.K. Supermarket Abandons Online Shopping
Jun 15 2000 06:43 AM PDT

 PROFILE
Somerfield helps UK grocery shoppers from fighting crosstown traffic. Offering patrons an alternative to the edge-of-town superstore, the company operates about 1,400 small supermarkets (averaging 11,000 sq. ft.), mostly at in-town locations. About 710 stores operate under the Somerfield banner. Another 490 are called Kwik Save. (The company recently converted about 100 Kwik Save stores to the Somerfield name.) It also is converting its Gateway chain to the Somerfield name. Concentrating on its brick and mortar retail presence it has closed its home-shopping service and it is opening markets at gas stations with partner Elf Aquitaine.

 COMPETITION
ASDA Group Limited (dossier)
J Sainsbury plc (JSNSY)
Tesco PLC (TSCDY)

 FINANCIAL OVERVIEW
Fiscal Year-End: April
2000 Sales (mil.): 8,482.80
1-Yr. Sales Growth: (10.7)%
Employees: 39,814
Revenue per employee: $213,060.73

 KEY PEOPLE
• Alan Smith
    CEO
• Martin Gatto
    CFO

 CONTACT INFO
Somerfield House, Whitchurch Ln.
Bristol BS14 0TJ, United Kingdom
Phone: 44-117 9359-359
Fax: 44-117 9780-629
Online: Web Site

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