37-591: Parkeston may refer to: Parkeston, Essex Parkeston, Western Australia [REDACTED] Topics referred to by the same term This disambiguation page lists articles about distinct geographical locations with the same name. If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Parkeston&oldid=544593941 " Category : Place name disambiguation pages Hidden categories: Short description
74-479: A five-year programme of developing the shops along these lines, to be completed by 2004. In 2002, Safeway was the fourth largest supermarket chain by sales in the United Kingdom. It was growing more slowly than other large chains in the United Kingdom and this was reflected in a share price below the values of the group's assets, leading to the various takeover rumours that circulated during 2002, indicating
111-463: A flurry of activity in the mid-2000s saw the proper formation of the retail park: a multi-unit development opposite the supermarket, the discount supermarket Lidl off the roundabout between the two, a Premier Inn and Brewers Fayre (opened October 2004 alongside Lidl, and most recently a Home Bargains store, opened in November 2014 on the opposite side of the retail park. There has also been
148-441: A former chairman of GER, also gave his name to Hamilton Park, the extensive playing fields between the village and the station/quay area. Parkeston is known locally as "Spike Island" or "Cinder City". The "Cinder City" name was particularly appropriate given the large areas of marshland or saltings that were reclaimed, frequently using waste material from the railway activities. There are very few examples of villages established by
185-468: A loyalty card, which it launched in 1995 and called ABC (Added Bonus Card). As this was initially only introduced into selected shops on a trial basis, Tesco is able to claim the title for the first nationwide introduction of a loyalty card, with Clubcard . Safeway, in 1999, started a rail container flow carrying goods to its far north shops, some as far as Inverness , Nairn , Elgin and Buckie . The train consisted of van wagons and containers. The train
222-438: A much wider range of products. By 1987, it had 133 shops around the United Kingdom. In 1987, Safeway Inc. put Safeway Food Stores up for sale. Argyll Foods eventually secured it for the sum of £681 million, with £600 million raised through a rights issue that was three times oversubscribed. The merger of Argyll and Safeway was hailed by commentators as one of the most successfully integrated retail combinations in
259-450: A railway company to house its workers for an extensive railway and shipping service. This operation also included a locomotive shed and extensive marine workshops to service a fleet of vessels based at the port, which comprised up to a dozen ferries and cargo vessels at its peak. From early in the 20th century, major passenger ferry services were developed, mainly to the Hook of Holland (with
296-410: A range of Presto own label products was introduced. The last new Presto shops opened in 1995. The revival was short lived, as in 1995, many smaller Presto shops were sold to a consortium of SPAR retailers. Over the next few years, competitive pressures intensified. Pre tax profits fell by 13% during the year ended 30 April 1994, prompting a wide-ranging strategic review known as "Safeway 2000", led by
333-740: A range of products, manufactured in the company's own factories, for distribution through UK independent retailers. Safeway Food Stores was established in 1962 in the United Kingdom by the American supermarket chain Safeway , with seven supermarkets and a few smaller stores in Greater London, and its first purpose-built store was opened in Bedford in 1963. It brought many ideas from the US, including larger stores with wider aisles and delicatessens, and
370-399: A small housing estate called "The Gateway" built next to Lidl to accommodate the growth of the area. Most recently, the retail park has also seen the arrival of a McDonald's and a Costa . In 2022 a Greggs opened. As of February 2015, Focus has been replaced by B & M , and Bon Marché has closed, with no replacement. The pink area marked "Iconfield" on pages four and five denotes
407-431: A takeover by Morrisons was held to be acceptable on the condition that 53 shops of the combined operation be sold, due to local competition issues. Patricia Hewitt accepted these recommendations. Philip Green announced on 30 October that he was not proceeding with a takeover bid, on the basis that it was not clear whether approval could be obtained to sell off individual shops to other chains. On 15 December, Morrisons,
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#1732802373727444-541: Is different from Wikidata All article disambiguation pages All disambiguation pages Parkeston, Essex Parkeston / ˈ p ɑː r k s t ən / is a North Sea port village in Essex , England, situated on the south bank of the River Stour about one mile (1.6 km) up-river from Harwich . In 2018 it had an estimated population of 932. In the 1880s, reclaimed land that had been Ray Island
481-706: The convenience shop sector. Further to this policy decision, it was announced in October 2004 that the 114 smaller shops of Safeway Compact were to be sold off to rival supermarket chain Somerfield , in a two part deal worth £260.2 million in total. In Northern Ireland , Morrisons sold former Safeway shops to Asda. These included a shop in Bangor , which actually opened after the takeover by Morrisons, in June 2005. Morrisons continued to sell and close shops not covered by
518-637: The Bristol depot was sold off to Gist . The shop conversion process was completed on 24 November 2005, when the last Safeway fascia disappeared from the United Kingdom. In November 2016, Morrisons announced a revival of the Safeway brand, on food products that it manufactures for retailers. This was followed by McColl's signing an agreement to stock Safeway-branded products in its nationwide chain of small-format convenience stores in August 2017. A trial of
555-611: The City was unconvinced with the Criado-Perez strategy. On 9 January 2003, the much smaller Morrisons , with around 119 shops largely located in the North of England , made a surprise offer to purchase the chain, offering 1.32 new shares of Morrisons for each share of Safeway, with the co-operation of the Safeway board. This served to start a stampede of other potential buyers. Sainsbury's , Asda , KKR (the company which helped finance
592-566: The Competition Commission ruling, which it felt did not fit with the scale and layout of its format of Market Street . In total, 254 shops were sold off by October 2005, which left the chain with around 367 shops by November 2005. In all, seventy two shops were sold that were neither part of the original Competition Commission ruling nor part of the Safeway Compact portfolio. One of the largest single purchases in 2005
629-730: The Safeway brand name, despite selling products from chains such as Iceland . In February 2011, CI Traders sold the Safeway shops on the Channel Islands to Waitrose and the Safeway brand disappeared from the Channel Islands. On the Isle of Man , the Douglas shop was sold to Shoprite and the Ramsey shop was sold to the Co-op . The shop in Gibraltar was originally marketed for sale, but
666-491: The United Kingdom, bringing together Argyll's experienced management team, with a strong but somewhat underdeveloped retail brand. Argyll then began converting the larger Presto supermarkets to the Safeway brand. The Presto name continued on smaller supermarkets in North East England and Scotland for several years and even enjoyed a brief revival in the early 1990s, when several new Presto shops began to open and
703-472: The area of Parkeston that has seen the largest expansion in recent years is Harwich Gateway Retail Park, a retail district located in what is otherwise known as Iconfield Park, an area of land next to the port on the outskirts of Parkeston. The first shop to be built in the location was Safeway , a supermarket that opened in March 1997 , and is currently a Morrisons store. This stood alone for many years, until
740-443: The final Presto shops were either converted or closed down. All shops traded simply as Safeway, regardless of size. David Webster, who had taken over as chairman in 1997, after the retirement of Alistair Grant, decided to open merger talks with Asda . These talks were called off after a few weeks following a leak to a Sunday newspaper, and then briefly revived in the early months of 1998, before breaking down again. The outcome, if
777-470: The location of Home Bargains. The village also suffered very severe flooding in the East Coast Floods of that springtime. The railway embankment which also acted as the sea wall was breached south of the loco shed immediately east of the village. Safeway (UK) Safeway Limited is a British groceries brand, and former chain of supermarkets and convenience shops . The British Safeway
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#1732802373727814-415: The negotiations had been successful, would probably have been the disappearance of the Safeway name and the emergence of a stronger Asda, still focussing on discount prices, but with a bigger volume to support it. This might have achieved a more secure future for Safeway, than continuing the struggle to keep up with Tesco and Sainsbury's . Safeway was the first of the large supermarket groups to introduce
851-410: The only remaining bidder, made a new offer of one share of Morrisons, plus sixty pence for each Safeway share, again with the co-operation of the Safeway board. On 11 February 2004, shareholders of both Wm Morrison and Safeway voted to approve the merger of the two companies, subject to the result of two High Court rulings later in the month. Originally, 52 shops were to be compulsorily divested after
888-541: The remaining proposals except for Trackdean's (which was said to raise no competition issues) were referred to the Competition Commission by the Trade and Industry Secretary , Patricia Hewitt . The report of the Competition Commission was made public on 26 September. A takeover of Safeway by Sainsbury's, Asda or Tesco was "expected to operate against the public interest, and should be prohibited". However,
925-618: The sale of Safeway to Argyll in 1987), Trackdean Investments Limited (controlled by Philip Green , owner of BHS and Arcadia ) and Tesco all said they were considering making offers. They were all asked to make submissions to the Office of Fair Trading (OFT) for approval under the Fair Trading Act 1973. On 23 January, Safeway's board dropped its recommendation of the Morrisons offer. KKR later dropped its proposal. On 19 March,
962-658: The slogan "Harwich to the Hook of Holland") and later to Esbjerg in Denmark. During both World Wars Parkeston served as an important naval base. Parkeston Quay is now named Harwich International Port and the railway station is named Harwich International . Parkeston is also now faced, across the Stour estuary, by the UK's busiest container port, the Port of Felixstowe . Other than the port,
999-571: The takeover, but this was reduced to 50 after one shop in Sunderland burned down and the lease ended on another in Leeds city centre . John Lewis Partnership purchased 19 to be part of its Waitrose chain, while Sainsbury's purchased a further 14 , and Tesco bought 10 in October 2004. Unlike other operators, most notably Tesco, Sainsbury's and the Co-op, Morrisons had chosen not to move into
1036-496: The terraced housing in Parkeston was built for railway employees and some of the streets in the village have names that can be theoretically linked to the shipping and general activities of the railway, examples being Tyler Street (paddle steamer The Lady Tyler ), Hamilton Street (paddle steamer Claud Hamilton ), Adelaide Street (paddle steamer Adelaide ) and Princess Street (paddle steamer Princess of Wales ). Claud Hamilton ,
1073-516: The then chief executive , Colin Smith, with assistance from McKinsey Consulting . This involved the sale of the Lo-Cost chain to Co-operative Retail Services and the redesign of Safeway shops to appeal to the family shopper. In July 1996, Argyll conducted a share buyback and renamed itself Safeway plc. During 1997, several Presto stores were converted to Safeways, and by the beginning of 1998,
1110-627: The two companies. Five sites were subsequently sold on to BP, while Morrisons sold the rest of its sites to Somerfield and Tesco, which both maintain a presence in this market sector. Following the termination of the BP/Safeway deal, BP began to roll out Marks and Spencer food forecourt shops in their place from 2005, with the network expanding over subsequent years. Morrisons also sold Safeway's Channel Islands shops, in Guernsey and Jersey , to CI Traders , where they continued to trade under
1147-607: Was developed by the Great Eastern Railway Company (GER) as a railway depot for import/export trade with the European mainland. The new port was named Parkeston Quay , after Charles Henry Parkes (1816–1895), Chairman of the GER. The existing railway line was re-routed to pass through the port, although the original railway embankment, through an overgrown area known locally as The Hangings, still exists. Most of
Parkeston - Misplaced Pages Continue
1184-554: Was founded in 1962 by the American Safeway Inc. , before being sold to Argyll Foods in 1987. It was later listed on the London Stock Exchange . It was purchased by Morrisons in March 2004. Most of its 479 shops were rebranded as Morrisons, with others being sold. Safeway-branded shops disappeared from the United Kingdom on 24 November 2005. In November 2016, Morrisons revived the Safeway brand for
1221-419: Was how to distinguish Safeway from Tesco and Sainsbury's, and how to minimise its scale disadvantage. According to estimates made by the Competition Commission , Tesco was able to negotiate significantly lower prices from its suppliers than Safeway – averaging about 3% on big selling branded items. Criado-Perez's response was to introduce selective deep discounting, the so-called high/low pricing formula, which
1258-521: Was later branded as 'substantially discredited' by Morrisons management, making deep price cuts on a limited set of products for a limited period. Criado-Perez also abandoned Safeway's loyalty card, arguing that these cards were no longer an effective marketing tool. This project was branded 'New Safeway'. The new approach to pricing was one of the four pillars of Safeway's strategy, the others being "Best for Fresh Foods", "Best for Customer Service" and "Best for Product Availability". Criado-Perez envisaged
1295-554: Was operated by EWS . By early 1999 Safeway was coming under renewed criticism from investors. Its shares had under-performed in the food sector over the previous five years. It had been pushed back into fourth position by Asda and it did not have enough shops of adequate size to offer a comprehensive non-food range. In July 1999, Safeway announced the appointment of a new chief executive, Carlos Criado-Perez, who had held senior posts in Wal-Mart's international division. The problem
1332-519: Was that of five shops by Waitrose in August. On 18 July 2005, a further six shops were sold to Waitrose, including the former Safeway shop in Hexham , Northumberland , which became the most northerly Waitrose branch in England. In May 2005, Morrisons announced the termination of Safeway's joint-venture forecourt shop/petrol station format with BP . Under the deal, the premises were split 50/50 between
1369-517: Was then converted. In November 2005, plans were submitted for the extension and redevelopment of the shop, in order to introduce the full Morrisons format. In September 2005, the company announced the closure of former Safeway depots in Kent, Bristol and Warrington, with the loss of around 2,500 jobs. The Kent depot was later sold to Waitrose, whilst the Warrington depot was sold to Iceland. Part of
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