Convenience and Wholesale news – Page 215
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Davis to scrutinise BP's convenience stores across Europe
BP's convenience retail offering in Europe is set to be thrust under the microscope when Andy Davis steps into the role of head of European buying and supply chain on 1 January. Davis, who has been combining responsibility for Europe with...
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Tax changes have wrecked Christmas, claim wholesalers
The pre-Budget report has angered wholesalers and independents who have accused the Chancellor of "ruining our Christmas".The announcement of duty and VAT changes on Monday left them with just one week to push through complicated price...
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Croydon indies and wholesalers fear effects of giant new Costco
A new Costco wholesale depot in Croydon could spell trouble for local independent retailers as well as rival wholesalers.The new 140,000 sq ft purpose-built Costco depot would draw shoppers away from other independent retailer's stores, said...
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Foster named Makro field operations head
Makro is forging ahead with its aggressive recruitment strategy by appointing Peter Foster as head of field operations.Makro MD Hannes Floto told The Grocer last week that the cash & carry giant had invested in recruiting staff at senior...
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Makro boss Floto strikes back after rise in losses
Makro MD Hannes Floto has defended his company's poor full-year results, claiming 2007 was "the start of a new journey" for the cash & carry wholesaler.Earlier this month, The Grocer revealed Makro's pre-tax losses had widened from £3.5m to...
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BP picks Harding as head of convenience
BP veteran Richard Harding has been named as the petrol giant's new UK convenience retail director.Harding will take over from Karen Hubbard, who is leaving after five years with BP on 1 December. He will be responsible for all of BP's...
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Trade credit insurance blitz hits wholesalers
Smaller wholesalers are being forced to pay suppliers upfront for deliveries because their trade credit insurance limits have been reduced or removed. Sources within the sector claimed wholesalers were coming under closer scrutiny from trade...
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Makro deeper in red as turnover slumps
Makro Cash & Carry has moved further into the red as its pre-tax losses widened from £3.5m to £19.4m in the year to 31 December.The wholesaling giant's turnover also fell below the £1bn barrier with sales down 10.9% to £924m during the...
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Wholesale 'absorbing price cuts'
Retail food and drink prices at the big four fell month-on-month for the first time in 2008 - but wholesalers claim suppliers are being forced to pick up the shortfall with price hikes. The Grocer Price Index shows that prices at the...
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Bank charges threaten future of wholesalers
Wholesalers have warned that increased bank charges could send them under.Banks have pushed up charges to levels they are unable to cope with financially, wholesalers report.One wholesaler said he was facing total bank charge...
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Makro expected to turn a profit within the next four years
Makro boss Hannes Floto has said he expects his chain of 33 cash & carries to become profitable within the next four years. The business, which is currently being propped up by German parent company Metro Group, had undergone a transformation since...
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3663 teams up with small wholesalers
Foodservice giant 3663 plans to compete with cash & carries by striking up deals to supply small delivered wholesalers. As part of a new trial scheme, 3663 First For Foodservice will for the first time allow its regional foodservice competitors to...
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OFT: 'Free wholesalers from newspaper code of practice'
Rules governing newstrade wholesalers could be relaxed following the findings of three Office of Fair Trading reports released today. Releasing its long-awaited reports into the 1994 National Newspapers Code of Practice and the vertical agreements between wholesalers and publishers, the OFT said wholesalers should be "released from the undertakings ...
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Musgrave makes budget EPoS available to small Londis stores
Musgrave Retail Partners GB has launched a low-cost EPoS system for Londis retailers, designed to provide the essential EPoS functions at an affordable price. For £4,000, retailers will get two tills, two cash drawers and scanners, as well as two...
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Williams’ wholesale Landmark
Landmark’s head honcho explains to Beth Phillips how he is rising to the challenges posed by today’s wholesale scene
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New mystery shop survey rates convenience stores
The Grocer has launched a mystery shopping survey for the convenience sector. As part of The Grocer’s new-look Independent View section, the mystery shop benchmarks independents against symbol groups, co-ops, discounters and the multiples’...
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BWG in talks to buy Fresh supermarkets
BWG, the Irish-owned retail group that runs the Spar and Mace franchises, is in talks to acquire Fresh, a Dublin-based supermarket chain with four outlets across the city. Fresh was set up two years ago by local businessman Noel Smith with the...
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Is Bestway looking to purchase rival Makro?
Speculation is rife that Bestway is planning to buy rival cash & carry operator Makro. The two companies are rumoured to be thrashing out a deal that could create a wholesaling giant to rival Palmer & Harvey McLane and Booker, with a turnover of...
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Booker bags S&N pub deal
Booker has landed a contract to supply Scottish & Newcastle’s 2,100 UK pubs. Scottish & Newcastle Pub Enterprises customers will gain access to a dedicated website and telesales service for landlords to order products and free deliveries in...
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Independent view: Store visit Budgens, Virginia Quay, London
Date established: 2006 Number of staff: 25 Number of lines: 13,000 Turnover 2007: £1.4m Estimated 2008 turnover: £2.5m