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Please find below a statement from Booker Group that has been issued this morning (7th March) relating to The Food Retailer (TFR):
You may have seen some recent press reports regarding 36 Budgens stores.
Budgens is a brand which operates 150 stores as a symbol group. The business is performing very strongly.
In July 2016 The Food Retailer Operations Limited (TFR) bought 36 stores from the Co-op and traded them under the Budgens brand.
TFR have recently gone into administration. This means they are currently in consultation with their 800 colleagues.
We are disappointed that TFR are in this position, but this does not affect Budgens or its colleagues.
Any enquiries regarding the administration of TFR should be referred to:
Katherine Howbrook PwC | Senior Manager - Media Relations Office: 020 7212 2711 | Mobile: 07595 609 737
Any questions regarding Budgens to Melanie Balmer 01933 371139.
If you are a journalist with a media enquiry please contact email@example.com or call 01933 371139.