World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Stores still investing in refrigeration

Convenience-store-42328138UK: While spending by convenience stores has fallen over the last three months, refrigeration remains the most popular form of investment, according to a new report.

In the report by the Association of Convenience Stores, pending increases in the National Living Wage are blamed for stores’ investments falling by 35% over the last three months from £177m to £116m.

Among those still investing in their stores, refrigeration remains the most popular form of investment, followed by shelving, store signage and in-store lighting. The South West is still seeing the most investment, while London is seeing the least investment by local shop owners.

Optimism in the convenience sector is reported to have fallen to its lowest level since August 2013. Despite that, total value of sales in the convenience sector grew by 5% to £37.7bn in the year to April 2015.

The report also reveals that there are 51,524 convenience stores in mainland UK – 42,755 in England 5,602 in Scotland and 3,167 in Wales. Of those, 92% have some form of refrigeration in-store.

Latest News

29th March 2024

BUS applications up 75% in February

UK: Applications for grants under the UK government’s Boiler Upgrade Scheme (BUS) in February were 75% higher than during the same month last year, new statistics reveal.
29th March 2024

EBM-Papst opens new Chinese HQ

CHINA: German fans and motors manufacturer EBM-Papst has established a new 33,000m² local headquarters in China, bringing together the company’s previous four locations in Shanghai.
28th March 2024

Hudson warns of unsafe US recovery cylinders

USA: The US refrigerant supplier and reclaimer Hudson Technologies has warned of illegal and unsafe recovery cylinders entering the US market.
28th March 2024

Topical talks at Bath breakfast meeting

UK: The next South West South Wales Refrigeration Society breakfast briefing will feature talks from three experienced and knowledgable speakers on varied refrigeration and air conditioning topics.
28th March 2024

CO2 compressor for multiple applications

ITALY: Frascold’s new TK HD series transcritical CO2 compressors are designed for a wide range of refrigeration and air conditioning applications, as well as high-temperature heat pumps up to 100°C.
28th March 2024

Copeland releases 50hp scroll in Asia

CHINA: US compressor manufacturer Copeland is to launch a 50hp scroll for heat pump OEMs in Asia.