Wholesaling news

 

22 December 2020
Bestway Wholesale has announced it has agreed a deal to acquire Costcutter Supermarkets Group (CSG) from Bibby Line Group for an undisclosed amount. Taking annual turnover to nearly £3bn The acquisition, which will complete on approval from the Financial Conduct Authority (FCA), will see Bestway Wholesale’s turnover reach almost £3bn. It will also take the symbol, franchise, and company sto...
17 December 2020
Leading northern regional food and grocery wholesaler, Parfetts has launched a limited number of exclusive private label lines for the first time.  To date it has sourced private label lines under the Lifestyle and Caterer’s Kitchen brands through its buying group membership, initially with Landmark and then latterly with Unitas.  The new lines (c20 in total), launched in November, sit alongside ...
15 December 2020
Germany-based Metro has ended its 2019/20 financial year on a positive trajectory after a challenging year that saw its major markets and customers impacted heavily by the COVID-19 pandemic. Positive Q4 sees Metro gain market share In its full year, Metro reported like-for-like sales contracted by 3.9%, which was at the upper end of its guidance range. The company said that ‘ with the excep...
10 December 2020
Speaking to the Grocer magazine, prominent northern regional wholesaler Parfetts has revealed that turnover for its financial year to June 2020 rose by 26% to reach £474m; largely as a result of sharply spiking demand from its retail customers in the three months from March onwards. Current trading still remains significantly elevated, with Parfetts’ latest weekly trading figures showing sales up...
26 November 2020
As Metro Cash & Carry establishes a transition team as its chief executive prepares to step down at the end of the year and launches a new service, we round up news from the retailer. Metro establishes CEO transition team During the transition period after existing CEO, Olaf Koch, leaves, Metro has confirmed that its CFO, Christian Baier, and COO, Rafael Gasset, will jointly assume the posi...
24 November 2020
Tech-led foodservice wholesaler, JJ Foodservice has launched a ‘Christmas at Home’ range designed to target the needs of domestic consumers over the coming festive season.  The range comprises some 70 lines suitable to the family shopper, offering the opportunity to access unique, restaurant quality products to elevate the coming celebrations. Supported with promotional ‘countdown’ Includin...
19 November 2020
Major UK retail channel wholesaler, Bestway is launching a trial of the multi-functional Jisp shopping app across both its company-owned stores and independent retail customers as it seeks ways for them to adopt and accelerate contactless shopping and remote ordering, to support changed consumer needs. Six-week trial before roll-out This move makes Bestway the latest wholesaler to seek to o...
12 November 2020
Faced with the disruption of the renewed lockdown for much of the run-up to the key Christmas trading season, major UK foodservice wholesaler, Bidfood has renewed its drive into consumer-focused business with the launch of its new ‘Bidfood at Home’ shopping platform. Extends operation first launched in March Having first launched a B2C service in March, the new Bidfood at Home platforms con...
28 October 2020
As Metro Group expands in India and acquires a business in Portugal, we round up news from the cash and carry company. Metro acquires business in Portugal In Portugal, Metro has acquired the Aviludo Group, which it describes as the second largest food service distribution company in the country. Aviludo generated sales worth €152m in 2019 and services more than 13,500 HoReCa clients nationw...
27 October 2020
Leading UK wholesale buying group, Unitas has launched a new product trialling scheme for independent retailers, offering free stock through its ‘Brand Box’ initiative to allow them to range new lines on a risk-free basis. As part of Unitas’ ‘Plan for Profit’ programme to drive effective ranging through the independent retail channel, ‘Brand Box’ was initially slated for launch earlier this ye...