Wholesaling news

Central Food Wholesale, part of Central Retail Corporation, is opening its first Go Wholesale store in October. This is happening as Lotus’s announced a new mall concept, locating Makro wholesale stores within Lotus's malls. First Go Wholesale store to open on 27 Oct Central Retail Corporation is investing THB20bn (US$550m) to expand Go Wholesale stores over the next five years. The first s...

Announcing its interim results for the first six months of 2023, Co-op has reported sales in its food retail division down by 8.9% to £3,563m. This was substantially the result of the disposal of its fuel forecourt estate of 129 sites in late 2022. Excluding this impact, underlying sales grew by 4%. Total group sales (including life and financial services) were also impacted by the disposal, fall...

Acquiring the McColl's convenience business saw Morrisons gain almost 1,000 sites which it is steadily converting into its Morrisons Daily format. The goal is to have thousands of Morrisons Daily stores operating around the UK. Source: IGD Research: Strategic outlook for Morrisons Image source: Morrisons Daily LinkedIn Morrisons continues to secure new wholesale agreements and str...

Local press reports have identified that Costco will open its next new depot at Gloucester, at a site near junction 11a of the M5 motorway on the outskirts of the city. However, the development of the location is still at a planning stage and no opening date has been cited. Offering a catchment including Cheltenham and nearby dormitory villages and towns in the Cotswolds the site will offer ac...

The German based wholesaler saw sales decline, but profits grow in Q3 2023. Russia and exchange rates contribute to lower YoY sales Metro Group saw its YoY sales in Q3 2023 decline by -3.4% to €7.6 billion. It is still performing well for its first nine months of the 2023 financial year, with sales up by +4.1% to €22.6 billion. Except for Russia, it saw improved performance across its ma...

Major regional, north west-based, UK wholesaler Parfetts has reported another record year of sales, revealing turnover of £634m for the 12 months to June 2023; an increase of 4.7% on the previous period. Go Local symbol group reaches 1,100 stores A key pillar of Parfetts growth strategy in recent years has been the development of its Go Local retail group, which provides a store fit and sup...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Keep up to date with our latest insight: Global responses to the cost-of-living crisis: Q2 2023 - using our global research, we look at how retailers continue to respond to the cost-of-living crisis in Q2 2023 How discounters can rule the world - IGD’s discount working group ...

Major wholesale distributor Nisa has announced the extension of its supply agreements with two significant multi-site retailers: Bourne Leisure and MPK Garages. Contract with Bourne Leisure extended for five years Bourne Leisure, the owner of Haven Holidays operates 49 convenience stores across its UK leisure parks and Nisa will now supply all these, plus any new stores added, until 2028. B...

Accounts filed with Companies House by Costco’s UK business show its sales grew by 17% over the 12-months to June 2022, with its warehouse and online operations reporting combined turnover of £4,219m. Rapid growth in warehouse sales boosted by fuel While not currently adding further warehouses to its network of 29 UK sites, Costco has been progressively rolling out fuel forecourts to these ...

Major UK retail channel wholesaler, Bestway is trialling an analytics dashboard to allow suppliers to access real time data on sales and customer behaviour from its transactional website, including category performance benchmarks. Seven-supplier trial The system, developed in partnership with Contentsquare, is reported to be under trial with seven suppliers including Pepsico; allowing them ...