Farmfoods

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Farmfoods Limited
FormerlyFarmfoods (Aberdeen) Limited (1954–1993) [1]
Company type Private limited company
Industry Retail
Founded8 July 1954;70 years ago (1954-07-08) in Aberdeen, Scotland, UK [1]
Headquarters Cumbernauld, Scotland, UK [1]
Number of locations
340+ (As of January 2023) [2]
Key people
George Herd (CEO)
Products
RevenueIncrease2.svg £1.000 billion (2022) [3]
Increase2.svg £22.2 million (2022) [3]
Increase2.svg £17.3 million (2022) [3]
Website farmfoods.co.uk

Farmfoods Limited is a Scottish frozen food and grocery supermarket chain based in Cumbernauld, Scotland. [4] It is owned by Eric Herd, and has over three hundred shops in the United Kingdom, of which more than a hundred are in Scotland. [5] [6] It primarily focuses on frozen foods, but they also stock a range of grocery, fresh produce, chilled, household, electrical and beauty products.

Contents

History

Establishment

The company started in 1954 as a meat-processing business. A shop was opened in Aberdeen in the 1970s, [5] and by the mid-1980s, the company had about twenty outlets. [7] In the 1990s, it bought Capital Freezer Centres and Wallis Frozen Foods. [7] In 2005, it had annual sales of just over £400 million, the highest of any private mid-market firm in Scotland in that year, and fourth-highest in the United Kingdom. [7]

Proposed Iceland takeover

Interior layout of Farmfoods in Harlow, Essex Interior of Farmfoods Harlow, Essex, June 2021.jpg
Interior layout of Farmfoods in Harlow, Essex

In 2011, Farmfoods and Asda made an unsuccessful bid for Iceland; Farmfoods would have acquired two hundred of the eight hundred stores. [8]

Expansion and revamp

In recent years, Farmfoods have been opening larger stores and closing smaller ones as they enlarge their non-food range. They have also taken over numerous old Aldi and Lidl supermarket sites.

In 2023, Farmfoods began revamping some of their stores with a new interior design.

In May 2024, Farmfoods announced an expansion plan that would mean opening 20-to-30 new stores a year, with more stores in the London area being a priority. In the first four months of 2024, Farmfoods secured sites for 24 new stores throughout the country.

The company is headquartered in Cumbernauld, North Lanarkshire, with some head office functions operating out of Solihull and Yardley, Birmingham in the West Midlands.

Discount vouchers

Farmfoods does not offer a loyalty scheme, but instead provides discount vouchers (for example £2.00 off a £25 spend or £5.00 off £60). The weekly vouchers are available through signing up for emails from Farmfoods or leaflet drops.

References

  1. 1 2 3 "Farmfoods Limited overview - Find and update company information - GOV.UK". Companies House . 8 July 1954. Retrieved 25 February 2024.
  2. ↑ "Farmfoods Inverurie plan hangs in the balance". Grampian Online. 25 January 2023. Retrieved 8 May 2024.
  3. 1 2 3 "Annual report and consolidated financial statements 1 January 2022" . Retrieved 20 April 2023.
  4. ↑ Farmfoods Limited: Company number SC030186. Companies House. Accessed September 2021.
  5. 1 2 "Farmfoods shocks industry by becoming fastest-growing grocer". The Guardian . 17 February 2014. Retrieved 18 September 2021.
  6. ↑ Supermarket Farmfoods opens in Fareham in former Poundstretcher premises. Portsmouth: The News. Accessed September 2021.
  7. 1 2 3 "Farmfoods tops table for private Scottish mid-market firms". The Herald . 12 October 2007. Retrieved 18 September 2019.
  8. ↑ Ebrahimi, Helia (5 November 2011). "Asda and Farmfoods join in bid for Iceland". Daily Telegraph. ISSN   0307-1235. Archived from the original on 7 November 2011. Archived 7 November 2011
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