Wholesaling news

 

16 September 2021
Leading national co-operative retailer, Co-op has reported its interim results for the first half of 2021 (26 weeks to 3 July) with sales in its convenience-led Food division (excluding fuel) down 2.8%. This expected decline comes amid a more normalized trading pattern in 2021, compared to the extraordinary surge in consumer demand seen in the early stages of the COVID-19 pandemic from March in 2...
07 September 2021
We bring you the latest news on Metro Group’s international activities. Metro Austria acquires Rewe’s wholesale stores The Austrian division of Metro has acquired nine wholesale stores belonging to Rewe, as well as its delivery business. Sales from the business were €125mn in 2019 and customers totalled more than 20,000. This move enables Metro to strengthen its presence in Austria and buil...
12 August 2021
Leading independent food and grocery wholesaler, Bestway has appointed Tim Fairs, as Director of Marketing with responsibility for marketing across its stable of retail symbol group fascias that includes Bargain Booze, Best-One, Costcutter and Wine Rack. He joins from convenience retail multiple McColl’s where he was Customer Director from 2018. Role to support major retailer recruitment drive...
29 July 2021
Metro Group has published Q3 results and announced it has raised its outlook for sales and EBITDA for its 2020/21 financial year due to ‘ better than expected business development since the easing of restrictions ’. Like-for-like sales up by 15% in Q3… Metro reported total sales were up by 12.2% to €6.2 bn, while sales in local currency and like-for-like terms rose by 15.4% and 15.0% respec...
22 July 2021
It has been revealed that Sainsbury’s is to stop supplying any B2B customers with a wholesaling service, as it seeks to return focus to its core supermarkets business. The most notable customer affected is the symbol group Simply Fresh, which has successfully transitioned five of its independent retailer members to its ‘supplied by Sainsbury’s’ model since it was launched in January 2020. It se...
14 July 2021
Sam’s Club has developed a new feature as part of its Scan & Go technology which enables members to scan a product in-store for delivery direct to their home or business. Integrated into Scan & Go The Scan & Ship programme has been integrated into the retailer’s Scan & Go feature within its app. Members using the feature scan a product in the club and choose to have it delivered to their ho...
14 July 2021
In its latest accounts filed with Companies House for the year to 30 August 2020, Costco UK has recorded total sales up 15.7% to £3,130m across its combined warehouse and online operations. The core warehouse business, operating from 29 sites across the UK, saw its sales rise 14.5%, all but reaching £3bn for the first time. ‘Food & sundries’ were the key drivers With shoppers focused on sho...
08 July 2021
Local trade publication Distrifood has reported that Netherlands-based Jumbo has begun a collaboration with Makro to sell part of the latter’s business-focused range through its own website. Collaboration to add almost 1,000 new SKUs Jumbo will add almost 1,000 SKUs from Makro exclusively at the web site address Jumbo.com/zakelijk. The additional products will help it target the needs of sp...
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...
30 June 2021
Metcash has released its annual results for the year ending 30 April 2021 with sales up 10.1% to AU$16,361.1m and EBIT up 19.9% to AU$401.4m. With sales significantly benefitting from changing shopping habits driven by the pandemic, as well as the retailer's progress against its strategy, we pull out our key learnings from the results and what to expect next. Food sales up 3.1% to AU$9,389.7m ...