Annual report & review 2006 - Shopic.com
Annual report & review 2006 - Shopic.com Annual report & review 2006 - Shopic.com
8 36 passionate retailing Our independent retailer partners are utterly committed to their businesses. Because they own and operate their own stores, our retailers care about and invest heavily in every aspect of their businesses – from fresh food displays to on-shelf availability, hygiene to exceptionally high levels of service. Musgrave Group Plc Annual Report & Review 2006
Different & better – consumers & communities In the heart of local communities Paul & Michelle Gravelle, Sawbridgeworth ‘People around here aren’t shy about coming forward,’ says Paul Gravelle of Budgens in Sawbridgeworth. ‘They’ve made it clear that a strong range of local products is important to them. And we’re more than happy to oblige.’ Taking an active role in the Town Partnership, the Gravelles support local charities like the Hailey Day Centre, a drop-in centre for the elderly, and Sawbridgeworth Young People’s Recreational Centre. As well as holding fundraising events throughout the year, Paul and Michelle allow staff the chance to work in the Hailey Day Centre once a month. Some of the brilliant local products Paul and his wife Michelle have introduced into the store include Broadoak sausages and ham, Stoke Farm apple juices, Saffron Brewery, goats’ milk products, Procter’s sausages and local eggs. They’ve also introduced organic and gluten-free products and extended other ranges too, offering their customers a distinctive selection. Like many of the new breed of Budgens neighbourhood retailers, Paul and Michelle regularly invite their local suppliers to the store to conduct sampling sessions for customers. ‘It’s a great way of keeping customers up to speed on new lines,’ says Michelle. ‘But it’s also a good excuse for people to come together for a natter.’ Paul and Michelle are also part of the Sawbridgeworth Town Partnership which co-ordinates efforts to improve the town. Paul and Michelle are passionate about their business and its role as the main grocery store in the village. School Health Initiative Working with Action Cancer, Centra retailers in Northern Ireland raise funds and promote a Health Action programme that has resulted in more than 40,000 children receiving healthy lifestyle messaging and incentives since the scheme was launched in 2003. The Health Action initiative is one of a number of Centra community outreach programmes targeting young people. For example, in 2006 Centra retailers in Northern Ireland clubbed together to promote and sponsor the Cycling Proficiency Scheme in the region. This year Centra Finaghy’s Maurice McGivern joined Action Cancer’s Suzanne Patrick to celebrate Cranmore Integrated Primary School’s success in the 2006 Health Action Awards 10 value for consumers Our scale enables us to bring value as well as quality to the independent retail sector. Because we serve around 3,000 outlets, local independent retailers are able to hold their own in competitive markets. Every week we compare and pricecheck key weekly shopping items against the largest multiples. 9 innovation & partnership We are determined to improve the local shopping experience through innovation and partnership. Our SuperValu retailers employ real butchers and real bakers, while in Great Britain 15 Budgens stores now include Newitt’s deli counters, offering the same top quality products available at the Newitt family’s award-winning store in Thame. 37 Musgrave Group Plc Annual Report & Review 2006
- Page 1 and 2: Annual report & review 2006
- Page 3 and 4: Musgrave at a glance 4 Our Chairman
- Page 5 and 6: Musgrave at a glance hoW Do We SouR
- Page 7 and 8: Our Chairman’s statement WoRkING
- Page 9 and 10: Interview with our Group CEO Making
- Page 11 and 12: Interview with our Group CEO orderi
- Page 13 and 14: Interview with our Group CEO exciti
- Page 15 and 16: Review of 2006 This is a year in wh
- Page 17 and 18: Our business is all about respondin
- Page 19 and 20: Review of 2006 Our innovative Marke
- Page 21 and 22: Review of 2006 Our business in Grea
- Page 23 and 24: Different & better - retailers & lo
- Page 25 and 26: Different & better - retailers & lo
- Page 27 and 28: Different & better - retailers & lo
- Page 29 and 30: Budgens Virginia Quay Providing a h
- Page 31 and 32: Different & better - retailers & lo
- Page 33 and 34: Different & better - consumers & co
- Page 35: Different & better - consumers & co
- Page 39 and 40: to meet international best practice
- Page 41 and 42: Musgrave Group head office, Cork 41
- Page 43 and 44: Responsibility charitable support A
- Page 45 and 46: accordance with management’s auth
- Page 47 and 48: Our board of directors peter Musgra
- Page 49 and 50: Results Turnover amounted to €4,5
- Page 51 and 52: Finance review Taxation The effecti
- Page 53 and 54: Summary financial statements CONSOL
- Page 55 and 56: Summary financial statements Notes
- Page 57 and 58: Summary financial statements 5 Taxa
- Page 59 and 60: Summary financial statements 10 Ban
- Page 61 and 62: Summary financial statements 15 Rec
- Page 63 and 64: Summary financial statements Analys
- Page 65 and 66: Summary financial statements Moveme
- Page 67 and 68: Printed on Hello silk, fully recycl
8<br />
36<br />
passionate retailing<br />
Our independent retailer partners are utterly<br />
<strong>com</strong>mitted to their businesses. Because they<br />
own and operate their own stores, our retailers<br />
care about and invest heavily in every aspect<br />
of their businesses – from fresh food<br />
displays to on-shelf availability, hygiene<br />
to exceptionally high levels of service.<br />
Musgrave Group Plc <strong>Annual</strong> Report & Review <strong>2006</strong>
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