Crawshaw appoints non-executive director
Fresh meat and food-to-go retailer Crawshaw Group has announced the appointment of Ken McMeikan as its new non-executive director. McMeikan’s position will take effect from 8 July 2016.
Since 2013, he has been group chief executive of the Brakes Group, a pan-European foodservice connection. Previous experience includes serving as group chief executive for Greggs between 2008 and 2013 as well as having 18 years of senior retail experience with Tesco and Sainsbury’s.
“We are delighted to announce today the appointment of Ken McMeikan as a non-executive director of Crawshaw,” said Richard Rose, Crawshaw chairman.
“Ken brings a wealth of foodservice, food retailing and high street experience along with expertise in business strategy development during periods of accelerated high street expansion and sales growth. We are excited by Ken’s appointment and look forward to him further strengthening our senior management team during our growth phase.”
In addition to this appointment, the business announced group sales were up by 37% for the 20 weeks trading to 19 June 2016 in the current financial year, whilst like-for-like sales were down 1.9% for the same period.
Cultural and social events such as Easter, the Euro Championships and the build-up to the EU Referendum resulted in the softening of footfall conditions on the high street and the shopping centres in March. Despite this, cash margin generated in like-for-like trading stores performed strongly, with a 1% increase for the same time period.
Crawshaw’s portfolio of stores has reached 47, following the opening of eight additional stores this year. The group’s first standalone fresh meat factory shop was opened in West Bromwich. Following on from a strong performance, the second meat factory shop is expected to be open in the summer.
During the same period, Crawshaw has made plans to open its first fresh-meat-only store on the high street, unlocking further opportunities to expand into smaller footprint retail space.
“We have made a good start to the year,” said chief executive officer Noel Collett. “Our trading performance has been in line with expectations as we effectively manage the balance of sales and margin in our like-for-like estate, and our growth strategy continues to progress well.”
The group’s trading update said that the company was confident it would meet its target of opening 15 new stores for the year while continuing to develop its food-to-go proposition to showcase the quality of meat available.
“In the last couple of weeks, we have seen some distorted and suppressed footfall patterns created through the combined impacts of the start of the international football championships, the adverse persistent weather and the build up to the EU referendum,” continued Collett.
“It is too early to judge if the vote to leave the EU impacts consumer confidence in the medium term, but clearly our retail format of quality fresh meat at value prices means we are well placed to delight new and existing customers with our offer should disposable income become stretched.”
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- Tesco ,
- Sainsbury's ,
- Easter ,
- brakes group ,
- greggs ,
- noel collett ,
- eu referendum ,
- crawshaw group ,
- Richard Rose ,
- Ken McMeikan ,
- Euro Championships ,
- West Bromwich