Archive of all Costcutter articles – Page 11
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NewsNisa sticks to its guns in face of Costcutter’s latest assault
Colin Graves’ resignation from the board of Nisa-Today’s has brought the long-standing feud with Costcutter back to boiling point, says Beth Phillips
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Nisa board row turns nasty as Graves quits
Relations between Nisa-Today's and Colin Graves hit rock bottom this week as the chairman of its biggest member, Costcutter, publicly attacked the buying group and resigned from its board of directors.In an emotive speech to retailers at...
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NewsCostcutter in the frame to buy up Murco estate
A deal for the sale of forecourt retailer Murco is close to completion, The Grocer can reveal. Property agent Christie & Co has been instructed to act on behalf of a party interested in acquiring the business, which was put up for...
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Staycations help sales at J&J Wilson
A combination of Brits holidaying in the UK and new store openings have boosted full-year sales at J&J Wilson.The retailer, which runs 55 Costcutter stores in holiday parks across the UK and is ranked number 45 in The Grocer's Top 50...
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Bibby Line still hungry for acquisition in retail
Bibby Line Group, which owns a controlling stake in Costcutter, has admitted it is seeking acquisitions following two failed bids for Nisa-Today's last year. In the company's annual report, published this week at Companies House, MD Sir...
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Store of the Future format hits 300 mark
Nisa-Today's has converted its 300th store to its Store of the Future format.The store in Gosforth is owned by Mike Thompson who has decided to convert his seven stores five former Costcutters and two former Threshers to the Nisa Local...
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Tribunal clears Nisa of dismissal allegations
A former Nisa-Today's employee, who claimed he had been forced to resign from his job following a row over Nisa's failed merger with Costcutter, has failed in his bid to win damages.An industrial tribunal this week dismissed allegations...
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Costcutter boss blames Nisa after fall in profits
Costcutter chairman Colin Graves has fanned the flames of his company's row with buying group Nisa-Today's by blaming it for a dip in Costcutter's profits.Graves said a 0.3% slump in pre-tax profits to £9.5m in the year ending April 2009...
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NewsEditor's Comment: Nisa-Today’s love triangle with Costcutter and Bibby will end in a messy divorce
Explosive rows signal what's likely to be a very acrimonious end of the affair
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Costcutter split looms in wake of failed Bibby bid
The gloves have come off in the increasingly bitter row surrounding Bibby Line's failed bid to take over buying group Nisa-Today's. Sir Michael Bibby whose Bibby Line Group owns 51% of Nisa's biggest member, Costcutter wrote to Nisa's...
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Nisa says no to Bibby Line at the risk of losing Costcutter
Nisa-Today's has rejected a buy-out offer from Bibby Line, which owns Costcutter, Nisa's biggest member. But was it a good move? Peter Cripps reports
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Nine stores sold by Co-op to Costcutter
Costcutter has bought nine stores from The Co-op Group in the south east of England, which will be converted to its fascia and leased to independents."Costcutter already has a good presence in the south east and the acquisition of these...
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Jelfs joins Costcutter to train sales force as MOT consultants
Costcutter has appointed a retail expert from Musgrave Retail Partners GB to broaden the skills of its sales staff and help roll out its new Costcutter MOT scheme.Duncan Jelfs has been given the newly created role of sales support manager...
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Farrington picked to design Costcutter's new store formats
Costcutter has appointed Craig Farrington as head of store development, tasked with designing five new shop formats.Farrington joins from Musgrave Retail Partners GB, where he was head of format development for Budgens and Londis...
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Former Nisa rebels lose bid to join board
Former Nisa-Today's rebels Ian Hunt and Mark Proudfoot - who derailed the buying group's plans to merge with Costcutter two years ago - have again failed to be elected to the organisation's board.At this week's AGM another former member of...
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Ex-rebels aim for positions on Nisa board
Five former members of the Nisa Members Association, which derailed Nisa-Today's attempts to merge with Costcutter in 2006, are to stand for election to the board as non-executive members.Rowan Black and Krishan Joshi are seeking re-election...
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Costcutter launches loyalty card scheme
Costcutter is taking a leaf out of the multiples’ books and introducing a loyalty card scheme to help local retailers hold onto shoppers who may be tempted to shop around in the current economic climate. Customers will receive one point for every £1...
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Costcutter to grow post office numbers
Post offices may be in decline across the country but Costcutter plans to attract more of them to its stores. The company has recruited its first ever post office development manager to grow its post office network and ensure its 48 post offices are...
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Costcutter reaps rewards of promotions
Consumers are buying more special offers to save money during the credit crunch, according to Costcutter. The c-store chain said its sales were up 6.2% for the year to date as a result of increased promotional activity. Sales had also been boosted...
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Top-Up shop
Who we visited costcutter Finchley Road, London LONDIS Harrogate, North Yorkshire somerfield Stamford, Lincolnshire spar Milton of Campsie, East Dunbartonshire tesco express Aberdeen How...