282:
In 1985 Presto became Argyll's principal name for all larger stores as well as smaller stores in the North of
England and Scotland. The Lo-Cost banner was used in the rest of England and in Wales on the smaller stores: a new Presto logo was launched and plans made for new Presto regional distribution
330:
that was three times over-subscribed. The merger of Argyll and
Safeway was hailed by commentators as one of the most successfully integrated retail combinations in the UK, bringing together Argyll's experienced management team with a strong but somewhat under-developed retail brand. The acquisition
443:
524:
573:
507:
326:'s United Kingdom subsidiary, Safeway Food Stores as it was then known, was put up for sale. Argyll eventually secured it for the sum of £681m, with £600m raised through a
208:
In 1981 the company bought Oriel Foods, a food manufacturing and wholesaling business which the founders had briefly owned previously in the 1970s before they sold it to
474:
37:
578:
201:. The founders acquired two food businesses, Morgan Edwards, a business owning the Supervalu chain of foodstores, and Louis C. Edwards, a meat business in
451:
568:
528:
410:
583:
504:
358:
482:
393:
553:
420:
377:
17:
307:
205:, integrated them and then, in 1980, adopted the name Argyll Foods after Gulliver's place of birth.
233:
241:
249:
212:
and which owned Lo-Cost
Discount Stores. Also in 1981 the company made a £91m hostile bid for
157:, through its acquisitions of a number of smaller supermarkets. In 1987 the company acquired
268:
221:
8:
216:, a wholesaling and retailing group which was substantially bigger than itself and owned
303:
296:
253:
416:
107:
339:
511:
209:
186:
256:
chains. The company had become the fourth biggest supermarket with 923 stores.
237:
190:
179:
154:
133:
111:
50:
562:
478:
447:
332:
198:
327:
323:
319:
158:
97:
87:
150:
245:
217:
213:
202:
288:
276:
194:
183:
292:
260:
137:
284:
272:
264:
412:
The
Grocers: The Rise and Rise of the Supermarket Chains, p.103
60:
267:
which operated 55 supermarkets under the
Hintons name in the
36:
574:
Companies formerly listed on the London Stock
Exchange
41:
The old
Liptons, Galbraith, Templeton and Presto logos
359:James Gulliver, Chairman of Food Group, dies at 66
505:Corporate Strategy in UK Food Retailing 1980-2002
560:
399:, London and Dover, New Hampshiere: Kogan, p.103
227:
161:and in 1996 it changed its name to Safeway plc.
579:Defunct retail companies of the United Kingdom
335:the first of which had been opened in 1962.
525:"Argyll Group plc intends a stock buy back"
472:
372:
370:
368:
366:
363:
14:
561:
313:
220:: however the bid was referred to the
342:and then renamed itself Safeway plc.
569:Retail companies established in 1977
408:
444:"Not the weakest link in the chain"
24:
584:Supermarkets of the United Kingdom
306:but were hindered by the infamous
240:in 1982: this brought with it the
25:
595:
547:
394:Andrew Seth and Geoffrey Randall
331:brought with it 133 UK stores of
450:. 4 October 2003. Archived from
338:In July 1996 Argyll conducted a
197:specialist and David Webster, a
35:
473:Amos, Mike (3 September 2008).
517:
497:
466:
436:
402:
387:
352:
169:
13:
1:
345:
228:Presto and other acquisitions
308:Guinness share-trading fraud
302:In 1986 Argyll hoped to buy
259:In 1984 Argyll acquired the
159:Safeway Inc.'s UK subsidiary
7:
232:The company went on to buy
174:The company was founded as
10:
600:
164:
415:. Kogan Page Publishers.
176:James Gulliver Associates
127:
117:
103:
93:
82:
74:
66:
56:
46:
34:
378:Obituary: James Gulliver
149:was the fourth biggest
409:Seth, Andrew (2001).
269:North East of England
224:and did not proceed.
222:Monopolies Commission
322:merged in 1987 when
384:, 23 September 1996
314:Safeway acquisition
254:R & J Templeton
218:Gateway Foodmarkets
31:
510:2008-06-27 at the
297:Welwyn Garden City
29:
454:on 1 October 2012
144:
143:
16:(Redirected from
591:
554:Funding Universe
541:
540:
538:
536:
527:. Archived from
521:
515:
501:
495:
494:
492:
490:
481:. Archived from
470:
464:
463:
461:
459:
440:
434:
433:
431:
429:
406:
400:
391:
385:
374:
361:
356:
234:Allied Suppliers
214:Linfood Holdings
153:operator in the
147:Argyll Foods plc
86:Name changed to
39:
32:
28:
21:
599:
598:
594:
593:
592:
590:
589:
588:
559:
558:
550:
545:
544:
534:
532:
531:on 18 July 2012
523:
522:
518:
512:Wayback Machine
502:
498:
488:
486:
471:
467:
457:
455:
442:
441:
437:
427:
425:
423:
407:
403:
392:
388:
382:The Independent
375:
364:
357:
353:
348:
316:
265:Amos Hinton plc
230:
210:RCA Corporation
199:merchant banker
187:Chief Executive
172:
167:
130:
120:
42:
23:
22:
15:
12:
11:
5:
597:
587:
586:
581:
576:
571:
557:
556:
549:
548:External links
546:
543:
542:
516:
503:Geoffrey Owen
496:
485:on 22 May 2011
475:"Pansy parade"
465:
435:
421:
401:
386:
362:
350:
349:
347:
344:
315:
312:
304:Distillers plc
238:Cavenham Foods
229:
226:
191:Alistair Grant
180:James Gulliver
171:
168:
166:
163:
155:United Kingdom
142:
141:
134:James Gulliver
131:
128:
125:
124:
123:United Kingdom
121:
118:
115:
114:
105:
101:
100:
95:
91:
90:
84:
80:
79:
76:
72:
71:
68:
64:
63:
58:
54:
53:
48:
44:
43:
40:
9:
6:
4:
3:
2:
596:
585:
582:
580:
577:
575:
572:
570:
567:
566:
564:
555:
552:
551:
530:
526:
520:
513:
509:
506:
500:
484:
480:
479:Northern Echo
476:
469:
453:
449:
448:Northern Echo
445:
439:
424:
422:9780749435493
418:
414:
413:
405:
398:
397:
390:
383:
379:
376:Brian Basham
373:
371:
369:
367:
360:
355:
351:
343:
341:
340:share buyback
336:
334:
333:Safeway, Inc.
329:
325:
321:
311:
309:
305:
300:
298:
294:
290:
286:
280:
278:
274:
270:
266:
262:
257:
255:
251:
247:
243:
239:
235:
225:
223:
219:
215:
211:
206:
204:
200:
196:
192:
188:
185:
181:
177:
162:
160:
156:
152:
148:
139:
135:
132:
126:
122:
116:
113:
109:
106:
102:
99:
96:
92:
89:
85:
81:
77:
73:
69:
65:
62:
59:
55:
52:
49:
45:
38:
33:
27:
19:
18:Argyll Stores
533:. Retrieved
529:the original
519:
499:
487:. Retrieved
483:the original
468:
456:. Retrieved
452:the original
438:
426:. Retrieved
411:
404:
395:
389:
381:
354:
337:
328:rights issue
324:Safeway Inc.
317:
301:
281:
258:
231:
207:
175:
173:
146:
145:
104:Headquarters
98:Safeway (UK)
47:Company type
30:Argyll Foods
26:
396:The Grocers
318:Argyll and
283:centres in
182:, a former
178:in 1977 by
170:Early years
151:supermarket
119:Area served
563:Categories
458:12 October
346:References
203:Manchester
129:Key people
289:Wakefield
277:Yorkshire
250:Galbraith
195:marketing
184:Fine Fare
94:Successor
508:Archived
428:26 April
293:Bathgate
261:Thornaby
138:Chairman
57:Industry
535:20 June
489:5 April
320:Safeway
285:Bristol
273:Cumbria
263:-based
246:Liptons
165:History
88:Safeway
75:Defunct
67:Founded
419:
242:Presto
61:Retail
51:Public
514:, p.8
236:from
108:Hayes
537:2020
491:2010
460:2019
430:2012
417:ISBN
295:and
275:and
252:and
193:, a
83:Fate
78:1996
70:1977
136:, (
565::
477:.
446:.
380:,
365:^
310:.
299:.
291:,
287:,
279:.
271:,
248:,
244:,
189:,
112:UK
110:,
539:.
493:.
462:.
432:.
140:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.