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Budgens is planning to open 25 franchised stores a year, and aims to sell its 128 company-owned sites by the end of 2007.
Budgens is planning to open a further 30 franchised stores over the next few months.
Budgens is planning to open about 20 convenience stores a year, as part of a strategy by new parent Musgrave to double the size of the business over the next five years.
Budgens, the convenience stores operator, is to be acquired by Musgrave of Ireland for £316m, and Musgrave is looking to open up to 20 new stores a year in the UK.
Budgens has announced plans to step up its expansion programme to 20 new convenience stores a year.
Budgens is to step up its expansion programme by opening 20-25 convenience stores a year to add to the existing 135.
Budgens has acquired Sewards, the chain of four Berkshire supermarkets, and the outlets will be rebranded under the Budgens fascia.
Budgens is to open a further 16 convenience stores this year, but its online home shopping service will be closed due to slow demand.
Budgens has sold a 28% stake in its business to Musgrave of Ireland for £89m, as part of a long-term strategy by the Irish wholesaler to expand its presence in the UK convenience store market.
Budgens has announced plans to supply independent food retailers under the Budgens Local name, and expects to open up to 50 outlets under the new format within two years.
Budgens has reached agreement with Conoco to open food retail outlets on up to 40 Jet forecourts over the next year.
Budgens is moving into home shopping with the acquisition of Teleshop for £0.5m, and will rename the service Budgens Direct.
Budgens is planning to open a further 20 Xpress convenience stores on Q8 petrol station forecourts over the next two years.
Budgens has acquired the 7-Eleven convenience store chain from Jardine Matheson for £5.8m.