One Stop’s bid to add 33 former Spar stores in north-west will be reviewed by the OFT, as UK store estate rises to 682
The acquisition by Tesco subsidiary One Stop Stores Limited, of 33 convenience stores from Spar retailer Alfred Jones (Warrington) Ltd, announced earlier this month, is understood to have been referred to the OFT.
The purchase would bring One Stop’s total number of convenience stores to 682 across England and Wales.
One Stop’s acquisition of 77 Mills Group Stores two years ago was referrred to the OFT, but was adjudged not to adversely affect the competitive position, due to the large number of convenience store operators.
The covenience store retailer’s market share is not counted as part of Tesco’s market share for such purposes.