Cash & carry newcomer Gold Star is eyeing a turnover of £50m in five years following a successful first year of trading.

Vijay Thanwani, MD of the London wholesaler, said sales since opening in April 2011 had “exceeded projections”. “It has been a very good time for us to open, especially as London is taking centre stage in the world,” he said.

Gold Star had launched a delivery service earlier than planned and would test launch online click & collect soon, he added.

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