Costcutter
This coverage examines Costcutter’s strategy and operations within the UK retail market, providing insights for executives, managers, and industry professionals. Reporting focuses on store openings and closures, franchise and convenience partnerships, marketing campaigns, leadership changes, and its positioning in the grocery and convenience sector. The analysis helps professionals understand Costcutter’s growth plans, competitive approach, and impact on local and national retail dynamics.
-
Jan- 2025 -27 JanuaryHigh Street
Bestway Retail announces new partnership with operator James Retail
Bestway Retail has announced a new long-term partnership with James Retail, the 40-strong nationwide Convenience and Travel interchange operator, owned by Jonathan James. Already working with the leading privately-owned neighbourhood and travel hub operator, the new agreement accelerates Bestway Retail’s strategic growth plans and sees James Retail convert their estate…
Read More » -
7 JanuaryNews
Bestway Retail removes fuel levy charge for Costcutter stores
Bestway Retail has announced the removal of the fuel levy charge, previously at £3.66 per delivery, for all mainland Costcutter stores for deliveries made on or after 1 January 2025. In addition to lifting the fuel levy charge, Bestway has also led the market in announcing an investment of more…
Read More » -
Oct- 2024 -25 OctoberNews-In-Brief
Today’s news in brief-25/10/24
Boohoo has countered Frasers Group’s claims of “stone-walling” regarding the latter’s push to install Mike Ashley as Boohoo’s CEO. In response to an open letter from Frasers, which accused Boohoo’s board of hindering its proposals and expressed dissatisfaction with Boohoo’s recent debt refinancing, Boohoo stated that Frasers’ preference for Ashley…
Read More » -
25 OctoberNews
Bestway Retail strengthens leadership team with three new hires
Bestway Retail, independent food and drink wholesaler which operates Best-one, Costcutter, Bargain Booze and Wine Rack, has announced three senior appointments to its retail team as part of the group’s commitment to continue to support independent retailers. Nick Russell has rejoined the business taking up the role of head of…
Read More » -
Jan- 2023 -30 JanuarySupermarkets
Bestway acquires 3.45% share in Sainsbury’s
Bestway Group has announced it has agreed to acquire a total of 80,792,512 shares in Sainsbury’s, representing 3.45% of Sainsbury’s issued share capital. Bestway Group has said it intends to hold its shares in Sainsbury’s for investment purposes and “looks forward to supporting the executive management team”. Bestway Group has…
Read More » -
13 JanuaryPeople Moves
Card Factory appoints new CFO
Card Factory has announced the appointment of Matthias Seeger as its new chief financial officer. He is expected to take up his new role in May 2023. Seeger has been CFO of Ambassador Cruise Line Limited since February 2022, having previously been CFO of Costcutter Supermarkets Group from September 2015…
Read More » -
Aug- 2021 -13 AugustPeople Moves
Bestway names Tim Fairs director of marketing
Bestway Wholesale has announced the appointment of Tim Fairs as director of marketing in the group’s retail arm. In the role, Fairs will be responsible for supporting strategic growth and innovation across Bestway Retail’s operations. Reporting to Kenton Burchell, trading director at the company, Fairs will be tasked with leading…
Read More » -
Jul- 2021 -20 JulySupply Chain
Bestway FY20 profits soar 82% to £38m
Bestway Wholesale Group has reported a year-on-year rise in EBITDA of 81.8% in FY20, up from £20.8m to £37.9m. Revenues at the owner of Bestway Wholesale, Bestway Retail, Bestway Northern, Bestway Property, and MAP, also increased, but at a slower rate of 1.4% year-on-year to £2.55bn. The year to June…
Read More » -
Mar- 2021 -19 MarchSupermarkets
Co-op further extends franchise portfolio
The Co-operative Group has opened its 15th franchise site with the launch of its Cornwall Services store, as the group reportedly aims to double its franchise portfolio by the end of the year. The convenience retailer has now partnered with a number of diverse franchise owners, including independent retailers, university…
Read More » -
Dec- 2020 -22 DecemberNews
Card Factory appoints new CEO
Card Factory has announced the appointment of Darcy Willson-Rymer as CEO, which will come into effect on 8 March 2021. Willson-Rymer will join the company from Costcutter Supermarkets, where he has served as CEO for the last eight years. During his time at Costcutter, Willson-Rymer steered the multi-site owned and…
Read More »
- 1
- 2