Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 148,346 pages of information and 233,846 images on early companies, their products and the people who designed and built them.

Difference between revisions of "Gateway Corporation"

From Graces Guide

Jump to: navigation, search
(Created page with "1989 Gateway had about 400 stores when it received an unsolicited bid from Isoceles, a financial group put together for the purpose. If successful Isosceles planned to sel...")
 
 
(13 intermediate revisions by the same user not shown)
Line 1: Line 1:
1989 Gateway had about 400 stores when it received an unsolicited bid from [[Isoceles]], a financial group put together for the purpose. If successful Isosceles planned to sell the 62 larger stores to [[Asda]] and concentrate on the remainder.<ref>The Times Apr. 24, 1989</ref>
+
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==

Latest 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


See Also

Loading...

Sources of Information

  1. The Times Oct. 14, 2005
  2. The Times Apr. 24, 1989
  3. The Times July 20, 1989
  4. The Times Jan. 17, 1990
  5. The Times Aug. 10, 1996