Latest wholesale news – Page 113
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News
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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NewsBooker in sales boost as Barclays brokers new debt deal
Wholesale giant Booker has announced a rise in like-for-like sales of almost 3% for the past four months despite a slight fall in tobacco sales.
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Booker launches new Scots range
Booker is stepping up its activity north of the border with the launch of a 30-strong range of Scottish lines to meet growing customer demand.
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Musgrave GB snaps up Tesco man Hamilton
Budgens and Londis owner Musgrave Retail Partners GB has appointed Tesco veteran Willie Hamilton as its new trading director.Hamilton has held various senior positions in his 24 years at Tesco, and has been commercial director of the Tesco...
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Tesco Express exec joins Musgrave GB
Willie Hamilton has joined Musgrave Retail Partners GB as trading director.
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Booker takes Euro Shopper range to 35
Booker has expanded its Euro Shopper range for the first time since it launched the 30-strong range in the summer of last year.The five new lines are an isotonic orange sports drink, two sparkling glucose drinks, washing up liquid and...
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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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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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News
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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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...