Bargain Booze expanding into Scotland
Bargain Booze is expanding into Scotland through a franchisee partnership with Scottish Midland Co-operative Society.
A trial will be completed by June 2015 and, if it proves successful for both parties, Bargain Booze franchise stores will be rolled out across Scotland.
Diana Hunter, chief executive at parent company Conviviality Retail, said: “We are very excited to be working with Scotmid to bring Bargain Booze to Scottish consumers. If successful, this trial has the potential to open up a new long term growth opportunity.”
Conviviality, which also owns the Wine Rack, Thorougoods and BB’s Warehouse chains, has also reported that “unaudited revenues were broadly in line with last year at £183 million” for the 26 weeks to October 26, and that that like for like store revenue is 1.7% down on the same period last year.
Hunter added: “We continue to maintain focus on our plans and our offer remains as competitive as before. With the continued drive to re-fascia our stores, and the development of both the click and collect proposition and our mobile app, we have strong plans to deliver profitable growth for our franchisees and the company.”