A look at what’s going on across the convenience channel and associated businesses
Margiotta in £300,000 solar panel power move
INDEPENDENT retailer group Margiotta has installed 950 solar panels at its headquarters thanks to £300,000 HSBC funding.
The installation will allow the family-owned business to power its office, warehouse and produce refrigeration at the site in Newbridge, Edinburgh – cutting costs and reducing its carbon footprint.
During the longer days of spring and summer, any surplus electricity will be sold to the national grid.
Finance director Iain Wells said: “The solar panels will make a significant difference in the long run as they will reduce our costings and make us more self-sufficient.”
PayPoint and eurochange launch c-store foreign exchange service
PAYPOINT and leading foreign currency specialists eurochange have teamed up so consumers can now enjoy more convenience when buying money for their overseas travels.
PayPoint will initially roll out eurochange foreign exchange services across 500 UK c-stores in 2024.
The service will be promoted in-store, where customers will be able to click and collect over 50 types of foreign currency for next day collection.
PayPoint’s Anthony Sappor said: “This fits perfectly with our commitment to diversifying our service and creating opportunities to earn for our retailer partners.”
International Beverage in £25k awards giveaway
MAJOR Scottish spirits producer International Beverage has unveiled the three winners of its Spirit of Our Community Awards – with £20,000 shared between them.
Airdrie’s Moira Anderson Foundation offers support for children and adults affected by childhood sexual abuse.
Nairn-based Watermill Foundation gives children with physical and developmental disabilities the opportunity to race bikes.
Ormlie Community Association provides social services and care to individuals and their families in a deprived area of the Highlands.
A further £5,000 donation is being split among seven runners-up: St Andrews Hospice, Diamonds in the Community, James Support Group, Seaboard Memorial Hall, Culrain and District Hall Committee, Young Enterprise Scotland Highland and Moray and Scotland’s Charity Air Ambulance.
Awards organiser Eileen Rae said: “We are looking forward to supporting their inspiring community projects over the months ahead.”
