Difference between revisions of "Gateway Corporation"
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1989 Gateway had about 400 stores when it received an unsolicited bid from [[Isosceles]], a financial group put together for the purpose. If successful Isosceles planned to sell the 62 larger | 1875 Mr J H Mills opened a small shop in Bristol<ref>The Times Oct. 14, 2005</ref> | ||
1950 Renamed 14 J H Mills stores as '''Gateway''' supermarkets | |||
1977 [[Linfood Holdings]] acquired Gateway | |||
1983 70 [[Frank Dee]] stores, belonging to Linfood, converted to Gateway; the company was renamed [[Dee Corporation]] | |||
1983-7 Acquired Keymarkets, Lennons, [[International Tea Company's Stores|International Stores]], Fine Fare and Carrefour hypermarkets | |||
1989 Gateway had about 400 stores when it received an unsolicited bid from [[Isosceles]], a financial group put together for the purpose. If successful Isosceles planned to sell the 62 larger supermarkets to [[Asda]] and concentrate on the remainder<ref>The Times Apr. 24, 1989</ref>; eventually Isosceles succeeded in winning control<ref>The Times July 20, 1989</ref>, sold the [[Medicare]] chain of chemists to [[Kingfisher]] and 60 larger stores to Asda; plans were being developed to sell the US Hermans chain; the larger of the remaining stores were being rebranded [[Somerfield|Somerfield Fine Fresh Foods]] <ref>The Times Jan. 17, 1990</ref> | |||
1991 Sold 42 smaller stores to [[Kwik Save]] | |||
1994 Gateway Foodmarkets was renamed [[Somerfield|Somerfield Stores]] | |||
1996 Flotation as a public company<ref>The Times Aug. 10, 1996</ref>. | |||
1998 Somerfield acquired Kwik Save Group, with 880 stores | |||
==See Also== | ==See Also== |
Revision as of 16:06, 24 September 2021
1875 Mr J H Mills opened a small shop in Bristol[1]
1950 Renamed 14 J H Mills stores as Gateway supermarkets
1977 Linfood Holdings acquired Gateway
1983 70 Frank Dee stores, belonging to Linfood, converted to Gateway; the company was renamed Dee Corporation
1983-7 Acquired Keymarkets, Lennons, International Stores, Fine Fare and Carrefour hypermarkets
1989 Gateway had about 400 stores when it received an unsolicited bid from Isosceles, a financial group put together for the purpose. If successful Isosceles planned to sell the 62 larger supermarkets to Asda and concentrate on the remainder[2]; eventually Isosceles succeeded in winning control[3], sold the Medicare chain of chemists to Kingfisher and 60 larger stores to Asda; plans were being developed to sell the US Hermans chain; the larger of the remaining stores were being rebranded Somerfield Fine Fresh Foods [4]
1991 Sold 42 smaller stores to Kwik Save
1994 Gateway Foodmarkets was renamed Somerfield Stores
1996 Flotation as a public company[5].
1998 Somerfield acquired Kwik Save Group, with 880 stores