Bestway news

02 July 2021
In its latest accounts filed with Companies House (for the year ending June 2020), Bestway the leading independent UK wholesaler reports that following three quarters of falling sales up to March 2020 thereafter growth accelerated rapidly, with the last three months of the period driving the full-year outcome positive as a result. Total wholesale group sales at £2,463m Including wholesale o...
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...
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...
19 October 2020
Wholesaler Bestway, the owner of the Bargain Booze and Wine Rack franchise formats, is understood to be trialing two new variant store formats as a means of extending the demographic reach of its off licence offer for independent retailers. The new banners: BB’s and Tippl BB’s is seen as a variant on the established Bargain Booze format, which, while referencing its link to Bargain Booze di...
06 October 2020
Following the announcement back in July that its depot in Plymouth was to close, it has now been announced that Bestway is also to close its Batley’s cash & carry depot in Coventry.  Bestway aims for its customers currently serviced from Batley's Coventry to be transferred to others of its sites in the West Midlands, with delivered customers being covered by its Oldbury depot and ‘collect’ custom...
17 September 2020
The Grocer magazine has reported that Iceland has launched a trial to bring Bargain Booze branded concessions into its Food Warehouse stores, to boost alcohol ranges and bring greater focus to the offer. Extends Food Warehouse alcohol range to 1,000 lines The trial stores at Cheltenham, Poole and York now have dedicated Bargain Booze sections comprising 1,000 lines, more than doubling the e...
19 August 2020
It has been announced that Andy Cresswell will step down from his role as Chief Retail Officer at Bestway, where he has headed up the managed and franchise retail operations of the wholesaler for the last two years.  It is understood that, following his departure at the end of January 2021, the role will not be back-filled on a like-for-like basis, with company-owned and affiliated retail (franch...
13 August 2020
Major national wholesaler, Bestway has put 37 of the stores from its Retail division on the market.  The move comes in the wake of an extensive review of its retail assets, undertaken in 2019, to optimize the portfolio of stores it acquired from the collapsed Conviviality business in 2018.  The stores being sold include sites from the full range of its formats operating under the Bargain Booze, W...
03 April 2020
Leading independent UK wholesaler, Bestway has posted full year results for the year to June 2019, revealing sales up to £2.3bn, boosted primarily by the inclusion of a full year of trading of its Bestway Retail division, acquired from the failed Conviviality business in early 2018. Core wholesale division with sales of £2bn In the core business, based around its network of 65 cash & carry ...
29 March 2020
Major UK national wholesaler, Bestway has put in place clear social-distancing measures across its self-service cash & carry network, to safely manage the high levels of footfall seen during the current pandemic emergency. One-in one-out to limit customers in-depot Bestway has set limits on the number of customers in each of its depots at any one time.  Depending on depot size, this restricts...