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Weis Markets: Results for 2020 and fourth quarter

Weis Markets: Results for 2020 and fourth quarter
Canada: Giant Tiger updates its fresh offering in Ottawa store
Giant Tiger has announced a series of interior and exterior enhancements to its flagship Walkley Road store in Ottawa, including an increased emphasis on its produce and meat offering. Jason Gardiner, vice-president of grocery buying and category management for Giant Tiger in Ottawa, says the enhancements include a “right-sizing” of the store’s grocery section that includes reducing the footprint of centre-aisle products and nearly doubling the size of fresh goods.
US: Weis Markets reports results for 2020 and fourth quarter
Weis Markets, Inc. reported total sales of over $4.1bln for the 52-week period ended December 26, 2020, up 16.1% compared to the same period a year ago, while annual comparable store sales increased 16.4%. Income from operations increased $78.5mln, or 92.8% over the same period in 2019 to $163.2mln. The Company s net income for ....

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Jobs at risk as new owners plan restructure at York-based Costcutter

Jobs at risk as new owners plan restructure at York-based Costcutter
JOBS are under threat as the new owners of a York-headquartered supermarket brand unveil future plans for the business.
Bestway Wholesale, which has bought York-based Costcutter Supermarkets Group (CSG) for an undisclosed sum, has announced plans to restructure CSG in a bid to integrate the two businesses.
The new owners, the UK’s largest independent wholesaler, have not confirmed the number of redundancies but said they want to minimise job losses .
CSG employs about 500 people, and is headquartered in Dunnington, near York.
It has supported independent retailers for more than 30 years, and has more than 1,550 stores nationwide, with brands including Costcutter, Mace, Supershop and Simply Fresh. ....

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Jobs at risk as new owners plan restructure at Costcutter

JOBS are under threat as the new owners of a supermarket brand unveil future plans for the business.
Bestway Wholesale, which has bought York-based Costcutter Supermarkets Group (CSG) for an undisclosed sum, has announced plans to restructure CSG in a bid to integrate the two businesses.
The new owners, the UK’s largest independent wholesaler, have not confirmed the number of redundancies but said they want to minimise job losses .
CSG employs about 500 people, and is headquartered in Dunnington, near York.
It has supported independent retailers for more than 30 years, and has more than 1,550 stores nationwide, with brands including Costcutter, Mace, Supershop and Simply Fresh. ....

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Bestway to restructure Costcutter

Bestway unveils plans to restructure Costcutter
Print
8th March 2021
Bestway Wholesale is to restructure Costcutter as the first step of the integration of the business into Bestway Wholesale.
Managing director, Dawood Pervez, confirmed that the two businesses would be “integrated seamlessly, in order to unlock additional value for customers and streamline efficiencies within the combined business”.
He added: “We all operate in a highly competitive and dynamic market and by aligning CSG’s structure and process within our broader business, this helps us prepare for the challenges and opportunities ahead.
“We will be looking to minimise job losses within this process, which will be unrolled over the weeks ahead. We recognise that these changes will be difficult for colleagues and we will be doing everything we can to fully support those affected.” ....

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The 30 biggest wholesalers in the UK 2021: the good, the bad and the ugly

It’s been a year like no other. And let’s hope, as the nation tentatively starts to move out of the nightmare that has been the Covid-19 pandemic, there will be no more years like it to come.
Just 12 months ago, the biggest issue dominating the wholesale sector was whether businesses should move to a delivered or cash & carry model. That was before it become clear how big an impact this new virus would have on the sector, and life in general.
For wholesale, it has been a tale of the good, the bad and the ugly. On the good side, there have been huge sales increases in grocery. On the bad, a breakdown in communications with suppliers, leading to major availability issues. Then there’s the downright ugly impact of the hospitality shutdown on foodservice specialists – a situation that has only been made worse by a lack of sector-specific support from government. And that has turned upside down the fortunes of wholesalers. ....

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