Bestway news

Leading independent UK wholesaler Bestway has promoted Costcutter veteran Jamie Davidson to head up its retail operations covering company-owned, franchise and symbol store networks.  The change will be effective from July, when he will replace Mike Hollis who is leaving the business. Davison offers extensive experience and deep knowledge of independent and convenience retailing A well-know...

In its latest reported financial results, for the year to 30 June 2022, Bestway Group has reported that its core Wholesale division, including Costcutter and Bestway Retail as well as its cash & carry operation, had sales of £2.94 bn, up 11% on 2021. Total Group revenue, which also includes Bestway's pharmacy, banking and cement businesses was £4.08 bn. Performance boosted by Costcutter and in...

Latest accounts filed with Companies House for the Bestway Wholesale Holdings business (covering all Bestway’s wholesaling, retail and symbol group operations) show that combined turnover for the year to June 2021 reached £2,660m, up 9.6% on 2020. Against a background of solid demand within the core wholesaling business (under the Bestway and Batleys brands) performance was notably boosted by the...

Well Pharmacy and WHSmith have announced they will open a new combination store stocking ranges from both retailers in London’s Euston station. Slow expansion of combination store format The retailers opened the first combination store in 2019 in Heathrow Airport, while a second was opened in 2020. The two retailers’ ranges are well segregated in-store, providing a combination of WH Smith’s...

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...

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...

Bestway Wholesale has announced it has agreed a deal to acquire Costcutter Supermarkets Group (CSG) from Bibby Line Group for an undisclosed amount. Taking annual turnover to nearly £3bn The acquisition, which will complete on approval from the Financial Conduct Authority (FCA), will see Bestway Wholesale’s turnover reach almost £3bn. It will also take the symbol, franchise, and company sto...

Major UK retail channel wholesaler, Bestway is launching a trial of the multi-functional Jisp shopping app across both its company-owned stores and independent retail customers as it seeks ways for them to adopt and accelerate contactless shopping and remote ordering, to support changed consumer needs. Six-week trial before roll-out This move makes Bestway the latest wholesaler to seek to o...

Wholesaler Bestway, the owner of the Bargain Booze and Wine Rack franchise formats, is understood to be trialing two new variant store formats as a means of extending the demographic reach of its off licence offer for independent retailers. The new banners: BB’s and Tippl BB’s is seen as a variant on the established Bargain Booze format, which, while referencing its link to Bargain Booze di...

Following the announcement back in July that its depot in Plymouth was to close, it has now been announced that Bestway is also to close its Batley’s cash & carry depot in Coventry.  Bestway aims for its customers currently serviced from Batley's Coventry to be transferred to others of its sites in the West Midlands, with delivered customers being covered by its Oldbury depot and ‘collect’ custom...