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Budgens stores closures: List of 34 branches shutting down as more than 800 workers lose their job | Budgens stores closures: List of 34 branches shutting down as more than 800 workers lose their job |
(about 7 hours later) | |
More than 800 supermarket workers will lose their jobs after the company behind the Budgens chain revealed it would be closing 34 of its stores. | More than 800 supermarket workers will lose their jobs after the company behind the Budgens chain revealed it would be closing 34 of its stores. |
Food Retailer Operations Limited (FROL), appointed administrators at PricewaterhouseCoopers a month ago after hitting “difficult” trading conditions. | |
The stores were bought from the Co-op in 2016. | The stores were bought from the Co-op in 2016. |
Administrators said they had been unable to find a buyer for the stores, which employ more than 800 people across the UK, from Dorset to Norfolk to Scotland. | |
Mike Denny, joint administrator at PwC, said: “Unfortunately, we have been unable to find a buyer and it is not commercially viable to continue trading the stores. | Mike Denny, joint administrator at PwC, said: “Unfortunately, we have been unable to find a buyer and it is not commercially viable to continue trading the stores. |
“We are working closely with the Co-op, [the shopworkers’ trade union] Usdaw and the relevant government agencies to ensure that all employees receive the maximum levels of practical and financial support through the redundancy process.” | “We are working closely with the Co-op, [the shopworkers’ trade union] Usdaw and the relevant government agencies to ensure that all employees receive the maximum levels of practical and financial support through the redundancy process.” |
Twenty-two stores have already closed, while the remaining 12 stores will cease trading on Thursday. Following the stores closures, about 150 Budgens branches will be left trading. | |
The Budgens brand is owned by food wholesale giant Booker, which is currently in the process of being taken over by Tesco in a £3.7bn deal. | The Budgens brand is owned by food wholesale giant Booker, which is currently in the process of being taken over by Tesco in a £3.7bn deal. |
Location - Closure date - Employee numbers | Location - Closure date - Employee numbers |
Aberystwyth - February 26 - 22 | Aberystwyth - February 26 - 22 |
Blackburn - February 25 - 13 | Blackburn - February 25 - 13 |
South Benfleet - February 26 - 12 | South Benfleet - February 26 - 12 |
Ludlow - February 26 - 27 | Ludlow - February 26 - 27 |
Weoley Castle - February 26 - 26 | Weoley Castle - February 26 - 26 |
Norwich - February 26 - 18 | Norwich - February 26 - 18 |
Dagenham (Becontree) - February 26 - 17 | Dagenham (Becontree) - February 26 - 17 |
Greenwich, London - February 26 - 22 | Greenwich, London - February 26 - 22 |
Sydenham, London - February 26 - 22 | Sydenham, London - February 26 - 22 |
Northumberland Heath - March 5 - 19 | Northumberland Heath - March 5 - 19 |
Watton - March 5 - 23 | Watton - March 5 - 23 |
Buckley – Brunswick Road - March 5 - 32 | Buckley – Brunswick Road - March 5 - 32 |
Prestwick March 5 35 | Prestwick March 5 35 |
Crewkerne, Falklands Square - March 5 - 16 | Crewkerne, Falklands Square - March 5 - 16 |
Helston, The Parade - March 5 - 24 | Helston, The Parade - March 5 - 24 |
Cardigan, Lower Mwldan - March 5 - 19 | Cardigan, Lower Mwldan - March 5 - 19 |
Totnes, Fore Street - March 5 - 19 | Totnes, Fore Street - March 5 - 19 |
Shaftesbury, Bell Street - March 5 - 22 | Shaftesbury, Bell Street - March 5 - 22 |
Christchurch, Saxon Square - March 5 - 18 | Christchurch, Saxon Square - March 5 - 18 |
Rochford, Roche Close - March 5 - 23 | Rochford, Roche Close - March 5 - 23 |
Basingstoke, Winklebury Way - March 5 - 20 | Basingstoke, Winklebury Way - March 5 - 20 |
Tiverton, Market Walk - March 5 - 22 | Tiverton, Market Walk - March 5 - 22 |
Gillingham, Kent - March 9 - 37 | Gillingham, Kent - March 9 - 37 |
Southall, London - March 9 - 22 | Southall, London - March 9 - 22 |
Littlehampton – Wick Street - March 9 - 16 | Littlehampton – Wick Street - March 9 - 16 |
Sherwood, Mansfield Road - March 9 - 24 | Sherwood, Mansfield Road - March 9 - 24 |
Newport, Shropshire March 9 30 | Newport, Shropshire March 9 30 |
New Invention, Shropshire March 9 30 | New Invention, Shropshire March 9 30 |
New Brighton March 9 17 | New Brighton March 9 17 |
Wisbech - March 9 - 25 | Wisbech - March 9 - 25 |
St Neots - March 9 - 27 | St Neots - March 9 - 27 |
Paisley -March 9 - 34 | Paisley -March 9 - 34 |
Monmouth, Oldway Centre - March 9 - 21 | Monmouth, Oldway Centre - March 9 - 21 |
Weymouth, Littlemoor Road - March 9 - 36 | Weymouth, Littlemoor Road - March 9 - 36 |
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