Twitter Instagram
    • Email Newsletters
    • About Us
    • Advertise
    • Contact Us
    Twitter LinkedIn
    CPD Log-In
    OvertheCounter
    • News
      • Dairy / Beef
      • Sheep
      • Pigs / Poultry
      • Equine
      • Companion
      • Retail
      • Training
    • Magazines
      1. May 2022
      2. March 2022
      3. Kitten & Puppy Supplement 2022
      4. January 2022
      5. November 2021
      6. May 2021
      Featured

      Over the Counter – May 2022

      By Simon KingMay 11, 2022
      Recent

      Over the Counter – May 2022

      May 11, 2022

      Over the Counter – March 2022

      March 8, 2022

      Kitten & Puppy Supplement 2022

      March 8, 2022
    • CPD Training
      • AMTRA CPD courses
        • Frontline Academy
        • Companion Animal CPD Modules
        • Livestock CPD Modules
        • Equine CPD modules
        • Poultry CPD Modules
        • Are you a Gold Standard SQP?
      • VETPOL CPD courses
        • Companion Animal CPD Modules
        • Livestock CPD Modules
      • Earning CPD points with overthecounter.news
      • CPD Log-In
    • National SQP Awards
    OvertheCounter
    Retail

    Countrywide Farmers may sell retail stores

    Carolyn HendersonBy Carolyn HendersonApril 21, 2017No Comments2 Mins Read
    LinkedIn Twitter Facebook Email

    Countrywide Farmers plc has revealed that it has appointed advisors “to explore a potential sale” of its retail business, comprising 53 country stores. It confirmed the closure of 14 stores in February, but  says it does not anticipate that the Rural Energy – LPG or Turf and Amenity businesses will be affected.

    In releasing its final results for the year ending 30 November 2016, the company reports “a loss after tax from continuing operations for the period of £(9.9)m (2015: £(8.2)m) following disappointing trading performance and continued investment through what has been a period of considerable change and transition, including the full rollout of the Microsoft Dynamics AX ERP system across the business.” It closed 14 retail stores in February.

    A statement on the company blog says: “It is clear to the Board that the retail environment remains challenging and that to compete effectively for the long-term will require further rationalisation of the cost base along with potential further investment.”

    It says that trading performance in the new financial year continues in line with expectations. “Rural Energy has seen a strong start with volumes ahead of prior year, as it continues to pursue its growth strategy. Similarly, Turf and Amenity has also made an encouraging start to the year. Retail continues to see improvement in like-for-like performance and on-shelf availability after facing serious issues through the latter part of last year.”

    The company says it “has agreed funding facilities that support the requirements of the entire company for the foreseeable future.”

     

    Share. LinkedIn Facebook Twitter Email
    Previous ArticleFree range egg producers criticise RSPCA
    Next Article Moredun heads appliance of science at Sheep Vet Congress

    Read Similar Stories

    Pets At Home issues rabbit ban in all UK stores this Easter

    Jollyes increases its SQP headcount

    Jollyes stores to close on Boxing Day and New Year’s Day

    Most Read

    NSA and Moredun work together to support UK sheep farmers 

    May 13, 2022

    Beware of major parasites at turnout

    May 13, 2022

    BVA welcomes Queen’s Speech commitment to prioritise animal welfare in next parliamentary session

    May 12, 2022

    Any animal medicine advertising or promotion should conform to the ‘code of practice’ of the National Office of Animal Health (NOAH).
    For full details contact the publisher or www.noah.co.uk.

    Lewis Business Media Ltd endeavours to make articles and statements as accurate as possible.

    © 2022 Lewis Business Media. All Rights Reserved.
    Lewis Business Media, Suite A, Arun House, Office Village, River Way, Uckfield, TN22 1SL

    Privacy Policy | Cookie Policy | Terms & Conditions

    The OTC "tick" mechanism is the copyright of Lewis Business Media Ltd ©2022

    • Pet Business World
    • Pest
    • Pig World
    • Poultry News
    • AA Farmer

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT
    Powered by CookieYes Logo