Scotmid Reports Improved Performance and Opens New Store in Uddingston
1 report, 1 independent
Updated Oct 6
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Scotmid Co-op reported improved underlying performance for the 26 weeks to August 1, with turnover reaching £209m and a trading profit of £1.2m. The society also expanded its presence by opening a new-format store in Uddingston.
From thenews.coop
Why it matters
The results show that Scotmid is recovering from supply chain disruptions, with like-for-like profit before tax rising to £0.2m. The new store in Uddingston increases the company's retail footprint in the local market.
From thenews.coop
Who's involved
- ScotmidUK independent retail consumers' co-operative
- Karen ScottCEO of Scotmid
- UddingstonTown in South Lanarkshire, Scotland, where Scotmid opened a new store
Keep exploring
The entities involved
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Scotmid
UK independent retail consumers' co-operative
Nothing else this week.
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Uddingston
town in South Lanarkshire, Scotland, UK
Nothing else this week.