Wholesaling news

 

05 December 2019
Asda has opened its first bulk-buy trial outlet adjacent to its Patchway, Bristol superstore.  Using the The Deal Depot banner, this new format represents a distinct concept from the core Asda operation, with separate branding and differentiated ranging.  We popped in on its first day of trading to get a feel for this new value proposition and to grab a couple of bargains! Source: IGD Resea...
04 December 2019
Last year, Costco Japan announced plans to launch an online store . We are now beginning to see the wholesaler make progress. Costco online shopping coming soon In preparation of launching its online shopping platform, Costco Japan has revamped its corporate website . The wholesaler has introduced a new AI ChatBot system and is advising shoppers to prepare by registering online to creat...
02 December 2019
South-west England SPAR distributor, Appleby Westward has acquired the Southampton-based mini convenience chain, Denovo Retail, adding a further 17 stores to its company-owned retail estate.  Denovo will continue to operate separately to the core AW store business.  Under a new name, Wessex Retail, Denovo's directors will work in partnership with AW to drive further acquisitions for the regional ...
27 November 2019
Parfetts the major North-West England-based wholesaler has announced the appointment of Martin Race, the former Managing Director of Bestway, as its Chairman to succeed Graham Nuttall.  With extensive experience from his long career in the UK B2B sector, Martin Race will bring a highly relevant 'wise-head' to the oversight of Parfetts' executive, as the business continues to evolve away from its ...
27 November 2019
7-Eleven has decided to not renew its supply contract with Metcash when it runs out in in August 2020. Second major contract loss this financial year Metcash's annual sales from the contract with 7-Eleven amount to approximately AU$800m, mainly in lower margin categories such as tobacco. This latest development follows on from Metcash losing its contract to supply Drakes Supermarkets in So...
13 November 2019
It has been announced that John Mills, Deputy Managing Director of Unitas, is to leave the business at the end of 2019.  Having held the role since the creation of the group through the merger of Landmark and Today's in late 2018, John Mills has been a key figure in the integration of the new group, a process now judged largely to be complete. John Kinney to step up to Sales & Marketing Direct...
07 November 2019
United Wholesale Scotland, major regional member of the Unitas buying group, has relaunched its Queenslie (Glasgow) site using technology to create a next generation cash & carry concept named ‘United Connect’. Investment in depot creating new opportunities Speaking in the Wholesaling stream at IGD Live Unitas’s managing director, Darren Goldney, shared details on how the £1m investme...
07 November 2019
Leading independent UK wholesaler, Bestway has set out clear plans to build sustainable business for the future. Operating across multiple B2B platforms from convenience retailing and catering to the specialist pet trade, Bestway has a diversified capability with opportunities in multiple customer groups. Bestway seeking to optimise operations Speaking in the Wholesaling stream at IGD L...
14 October 2019
Metro China has agreed to sell a majority stake to Wumart. Metro China will retain 20% stake Metro China kicked off the official selling process in March earlier this year. In May, eight companies were shortlisted as prospective bidders . Metro has released a statement, “this partnership includes the sale of Metro’s entire indirect participation in Metro China to a subsidiary of Wume...
08 October 2019
Bestway, the UK's leading independent wholesaler, has revealed major developments to its depot operations as it seeks to adapt to the rapid growth of online ordering and delivery service across its business. 23 depots converted to 'delivery hubs' The key change above all is the establishment of dedicated fast-pick areas and loading bays to service delivery orders in 23 of its cash & carry d...