Wholesaling news

 

07 February 2013
It has been revealed that US-based global warehouse club operator, Costco will open a further two depots in the UK during 2013 taking its total number of units in the country to 25.  This will make 2013 something of a bumper year for Costco.  In its twenty years of operating in the country new openings have averaged little more than one every twelve months. Depot twenty-four for Farnborough, Hamp...
04 February 2013
Costco's performance in Australia appears to be going from strength to strength, with revenue for the 53 weeks to 2 September 2012 more than doubling on the previous year and profits turning positive for the first time. Strong sales and profits In the retailers FY to 2 September 2012 Costco Australia saw revenues more than double to AU$609.5m and net profits reach AU$9.73m. The rapid incre...
04 February 2013
Grupo Pão de Açúcar (GPA) has announced plans to add 25 Assaí wholesale outlets in north-eastern Brazil over the next three years. Part of plans to open 60 units in total There are currently 62 Assaí stores in eight Brazilian states.  The 25 new outlets are part of a wider plan in which GPA intends to open 60 more over the next three years.   In Brazil , wholesalers play a key role in t...
29 January 2013
Speaking to the Grocer magazine, Martyn Ward, managing director commercial and sales, at Palmer & Harvey has set out the wholesaler's priorities for the coming year.  Key to boosting its business with independent retailers above all, will be a focus on developing its private label ranges and driving online ordering. M-brand boosted to 480 lines Branded to tie in with its Mace symbol group...
23 January 2013
Today, Lekkerland Schweiz has announced its acquisition of Valora Services Switzerland's wholesale business. In line with 'Convenience 2020' strategy  Lekkerland's key focus is to expand its position with independent customers, such as kiosks and convenience stores.  The acquisition is therefore a good fit, as a large number of Valora's customers fall into this category.  In terms of prod...
17 January 2013
Leading UK wholesaler Booker has announced performance figures for the third quarter of its 2012/13 financial year, with total sales up 3.1%.  Sales of non-tobacco products provided the strongest element of growth up 4.2%, while tobacco sales (still accounting for around a third of the total) increased by 1.3%. Growth primarily like-for-like Much of Booker's total growth is being generate...
16 January 2013
Major UK wholesaler, Bestway has revealed its financial performance figures for the year to 30 June 2012, with overall group sales surpassing £2.5bn for the first time.  Within that, its key UK wholesaling division saw turnover increase by 5.7% reaching £2.3bn.  Wholesaling profitability was down slightly to £58.2m, impacted by costs for the integration of acquired businesses and the set up of new...
14 January 2013
Leading UK wholesaler Booker has re-emphasised its value offer for both its retailing and catering customers at the outset of 2013, with targeted and sustained activity to support the business needs of both groups. 40% POR offers for retailers To help boost the margins of independent retailers, Booker has launched a wide-ranging promotional offer on over 400 key lines for the small store of...
02 January 2013
Wholesale buying group Sugro is to launch a new 'S Shop' fascia concept in January 2013, to offer independent retailers a lower-investment alternative to its Nearbuy symbol group package. "Similar to Bestway's 'Best-In' fascia" The new fascia scheme will enable retail customers of its wholesale members to adopt the 'S Shop' fascia without having to commit to an extensive internal refit or...