Symbol group

File:Belfast (315), October 2009.JPG

An example of a Centra shop on Stranmills Road, Belfast, Northern Ireland

A symbol group is a form of franchise of convenience shops, found primarily in the United Kingdom and Ireland. They do not own or operate shops, but act as suppliers to independent shops which then trade under a common banner.

Unlike other forms of franchise, they have expanded primarily by selling their services to existing shops, rather than by actively developing new outlets. Examples of such franchises are Spar, Londis, Nisa Local and Centra.

File:Nisa - Warren Lane (geograph 2998587).jpg

An example of a Nisa Local shop

Groups

Symbol groups include:

• Centra
• SuperValu
• Mace
• Spar
• Gala
• Best-one, Bargain Booze and Wine Rack (part of Bestway Wholesale)
• Costcutter - 2,600 shops (part of Bestway Wholesale, supplied by Cooperative Group until 2026)<ref>{{#invoke:citation/CS1|citation

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• Nisa - 2,400 shops (part of The Co-operative Group)<ref>{{#invoke:citation/CS1|citation

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• Premier Stores - 3,400 shops<ref>{{#invoke:citation/CS1|citation

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• Londis and Budgens - 1,800 shops<ref>{{#invoke:citation/CS1|citation

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Booker Group is a wholly owned subsidiary of Tesco.

Market

In 2014, the Institute of Grocery Distribution (IGD) reported that the symbol group market is worth £15.5bn, with a 42% share of the UK convenience market through 17,080 shops.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In the 2010s there was significant consolidation in the sector, as Tesco purchased Booker and the Co-operative Group purchased Nisa.

See also

• Co-op Food which has a similar corporate structure, although is not usually considered a symbol group.
• Edeka, a German grocery chain which has a structure similar to a symbol group