ScotFresh has an excellent reputation in the industry and is a well-recognized brand with significant customer loyalty and strong relationships with suppliers," said Colin McLean, CEO of CJ Lang & Son. "We are delighted to confirm that we have acquired the ScotFresh Group of nine stores.
The chain is an award-winning independent retail operation founded in 1983, the business has stores in the city's west end. The purchase will see nine ScotFresh branded stores and 130 team members moving over to support the acquiring company. Scotland: Spar's wholesaler in Scotland acquires ScotFresh GroupĬJ Lang & Son, Spar's wholesaler in Scotland, has announced the acquisition of Glasgow-based convenience chain ScotFresh Group. Asda's monthly Income Tracker showed that more than 60% of UK households saw their disposable incomes fall in August compared to a year earlier, despite a slowdown in the official headline consumer price index inflation rate to 6.7%.
Grocery prices remain in the spotlight due to the ongoing squeeze on consumer budgets. Asda said it had reduced prices on 232 branded and own-label products by an average of 14%, including bread, fresh fruit and vegetables, and fresh meat. M&S said it was cutting the prices of 200 food items by an average of 11%. UK: M&S and Asda cut more prices as UK's food inflation outlook brightensīritish supermarkets Marks & Spencer (MKS.L) and Asda announced more price cuts on Wednesday, adding to the country's brighter outlook for food inflation.
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