World Library  
Flag as Inappropriate
Email this Article
 

Victor Value

Victor Value
Private
Successor Bejam
Defunct 1986
Products Groceries

Victor Value was a London–based value supermarket group, which operated at the lower end of the grocery trade.

Old Victor Value stores which survive can often be identified by their distinctive blue and white tiled frontage. Victor Value was often known as VV, which was their logo. The handles on the doors of the store, were shaped to read "VV" when shut. (The Chapel Market branch, however, didn't have any handles,doors or windows. (It had one large shutter which was raised during trading hours. In the winter the cashiers had to wear oveercoats and boots, it was so cold.))

The Victor Value chain included some former Anthony Jackson Foodfare outlets, which it acquired in the early 1960s. It was well represented in low income C2D areas, and was also well represented in market areas of London, such as Chapel Market Islington, Church Street Paddington, and Leyton High Road.

In 1968, Victor Value had 217 stores, and was sold to Tesco for £1.75M. Tesco converted many larger branches to their own brand including some to Tesco Home n' Wear,[1] and closed a number of smaller branches which were in close proximity of an established Tesco store. This was all done fairly quickly and within eighteen months (approx) the name Victor Value had disappeared from the high street, however some of its fleet of dark blue lorries were still liveried Victor Value into the early seventies.

In the early 1980s, some smaller town centre Tesco stores were rebranded as Victor Value, particularly in the North West England. These town centre stores, including one in Huyton, were used to trial new scanning and bar code technologies, before launching them in Tesco–branded stores.[2]

In 1986, frozen food supermarket chain, Bejam, purchased the business from Tesco, and rebranded it as Bejam, before the latter was taken over by rival Iceland in 1989.[2]

Notes

Some former Victor Value stores which still exist today (as Tesco) are Collier Row Romford (the converted Rex cinema); Church Street Paddington*, and Goodge Street* in the West End. (* These were both former Annthony Jacksons stores).

The larger branches of Victor Value in the 60s included Colliers Row Romford, Acton, Church Street Paddington, and Fore Street, Edmonton.

Two of the branches which were converted to Tesco Home'n'Wear were Basildon, Essex, and Farnborough, Hants.

Examples of branches which closed soon after the acquisition by Tesco were Acton (liveried Anthony Jacksons Foodfare, and adjacent to the larger VV store which was converted to Tesco) and Weybridge which was within 100 yards of the larger Tesco Weybrdge.

The head office and main central warehouse of Victor Value was at Dairyglen House, Crossbrook Street, Waltham Cross, Herts. (source registered office)

The site of the former head office has since been redeveloped as a housing estate.

The brand name of VVs private label was Dairyglen.[1]

For some time Victor Value gave S&H Pink but dropped them to save margin, in effect breaching their contract with S&H, and ultimately, after much argument, a financial settlement was agreed and paid to S&H. (source: Pile it High, sell it Cheap, by Sir John Cohen)

Anthony Jacksons Foodfare was a London-based supermarket chain, operated by Sidney Ingram, the nephew of Sir John Cohen (Jack Cohen ) source:" Pile it High, sell it Cheap" by Sir John Cohen. AJF window advertising included a strapline"Shop with Sheilah", which featured the "personality" of Sheelagh, wife of Sidney Ingram.[1]

AJF were cut price stores, and were acquired by VV around 1964,with VV itself being subsequently acquired by Tesco in 1968. (The Acton High Street store was still operating as AJF in 1968 – four years after it was acquired by VV – and was one of the early casualties of the Tesco acquisition, it being adjacent to the larger VV store which had already been converted to Tesco)

All VV stores played piped music provided by Reditune.

References

  1. ^ a b c Cohen, Sir John E. Pile it high, sell it cheap. 
  2. ^ a b Geoffrey Owen (February 2003). "CORPORATE STRATEGY IN UK FOOD RETAILING, 1980-2002, seminar background paper" (PDF).  

External links

  • A picture of the Church Street store, in its original "Anthony Jackson Supermarket" livery can be viewed at www.churchstreetmemories.org.uk/page/tesco_supermarket
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.