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One Stop to acquire 33 convenience stores

5 July 2013

One Stop Stores Limited has agreed to acquire 33 convenience stores from Alfred Jones (Warrington) Ltd as part of its long-term growth strategy.

The purchase will bring One Stop’s total number of stores to 682 across England and Wales, and grow its employee base to almost 10,000. The acquired stores are based in the North West of England.

The deal is conditional upon regulatory approval and is expected to complete later in the year.

One Stop CEO Tony Reed said:
“Having over 20 years’ experience in the convenience market puts us in a good position to help neighbourhoods thrive. With the purchase of these stores, we can introduce One Stop’s quality, great value, range and service to customers in new communities. We will also invest in store refurbishment to improve the shopping experience for our customers.

“We’re delighted to welcome the store staff to our team. One Stop is a growing business that revolves around people. We believe firmly in investing in our staff, helping them to develop their careers with the company. We look forward to working with these new stores.”

In 2011, One Stop acquired the 77-strong Mills Group estate and within 12 months delivered like for like sales performance of +19% across a successful group of stores. Mills Group employees now with One Stop have praised the efficiency and support provided by One Stop as well as its focus on customers and providing a great service.

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