bp and M&S Food extend partnership stepping on nearly two decades of great relationship

bp and M&S Food extend partnership stepping on nearly two decades of great relationship

  • Renew strategic convenience agreement in Great Britain until at least 2030‎
  • Agreement combines bp’s expertise in forecourt retail with one of the nation’s best ‎loved food retailers.

(PRESS RELEASE) LONDON, 14-Jan-2022 — /EuropaWire/ — bp (LON: BP), a British multinational oil and gas company, has announced it extended its partnership with M&S Food, a seller of sustainably sourced products of exceptional quality and value, until 2030. The convenience agreement aims at building on the ‎success of the 16-year collaboration between the two companies with focus on working together to evolve the forecourt offer as customers’ ‎behaviour changes over the next decade.‎

The pair first teamed up in 2005 to introduce M&S Food stores at bp retail sites in Great Britain and ‎transformed the market by offering a tailored curated range of fresh quality food for the customer on ‎the move. M&S Food is now available at almost 300 bp-operated sites across Great Britain.‎

‎“We’re proud to continue to build on nearly two decades of our great partnership with M&S, one of the ‎UK’s leading food retailers,” says Alex Jensen, bp’s senior vice president for mobility and convenience, ‎Europe and Southern Africa.‎

“Of course, our sites provide advanced fuels, but our customers also want high-quality healthy food ‎options, for now and for later. And they also want increasingly convenient ways to buy that fit in with ‎their busy lifestyles. bp’s partnership with M&S Food has led the way in the UK and we aim to continue ‎to innovate and grow to meet our customers’ needs,” continues Jensen.‎

M&S chief operating officer and M&S Food managing director Stuart Machin said: “M&S Food ‎is ‎famous for great quality food at fantastic value and over the past 16 years our partnership with ‎bp has ‎given many more customers the opportunity to enjoy our wide range of delicious ‎sandwiches, meals ‎and everyday staples in almost 300 locations across Great Britain.‎

‎“This extended commitment will enable us to work together to invest in the look and feel of the ‎stores, ‎building on the M&S renewal programme, and our supply chain to maximize availability ‎and reduce food ‎waste.”‎

Convenience – a key contributor to bp’s strategy
The convenience sector continues to grow, fuelled by changing consumer demands – shopping little ‎and more often and topping up at convenience stores, and the growing trend for delivered food. During ‎lockdown, customers were buying 20% more at bp forecourt stores and this trend continues as the ‎forecourt becomes an integral part of the community.

Based on Euromonitor analysis, in 45 of the leading economies of the world convenience is expected to ‎nearly double by 2030, growing at more than 5% a year.‎

Today, customers can choose from a wide range of curated M&S Food products with some bp stores ‎stocking up to 1,300 different M&S Food products.‎

Over the past 16 years, customers have bought 13 million bunches of flowers, 25 million bottles of ‎wine and 14 million packets of Percy pigs. And just in the past three years, customers have bought 28 ‎million bottles of milk and 22 million loaves of bread.

With around half of forecourt transactions today being retail only (not involving fuel), we can see that ‎customers enjoy the appeal and convenience of M&S Food at bp.‎

Notes to editors

About bp

bp’s purpose is to reimagine energy for people and our planet. It has set out an ambition ‎to be a ‎net zero company by 2050, or sooner and help the world get to net zero, and a ‎strategy for ‎delivering on that ambition. For more information visit bp.com.‎

About M&S Food
Visit M&S online.

Media contact:

bp press office London: +44 7831 095541, +44 7919 217511‎, bppress@bp.com

SOURCE: bp p.l.c.


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