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Bestway Wholesale completed its acquisition of the Costcutter Supermarkets Group freshplaza.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freshplaza.com Daily Mail and Mail on Sunday newspapers.
Bestway Completes Acquisition Of Costcutter kamcity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kamcity.com Daily Mail and Mail on Sunday newspapers.
By Ronan Hegarty2021-02-19T14:31:00+00:00 Costcutter reported sales for the 12 months to December 2019 of £426m Bestway Wholesale has completed its takeover of Costcutter Supermarkets Group from Bibby Line Group after receiving approval from the Financial Conduct Authority. The acquisition, which was announced in December, takes Bestway Wholesale’s annual turnover to almost £3bn, with a symbol, franchise, and company store retail estate of more than 3,795 stores in the UK, including 2,682 fascia and 195 company owned. Costcutter currently operates around 1,500 stores and reported sales for the 12 months to December 2019 were up 10% to £426m. Bestway Wholesale MD Dawood Pervez will lead the enlarged business while Bestway COO Naser Khan has been charged with overseeing the Costcutter integration. ....
Recruiting retailers is a competitive game. And one that generally plays out best in a face-to-face environment. But coronavirus put an end to all that. No longer could the big symbol and franchise groups rely on trade shows, store visits and face-to-face meetings to tempt new members. Suddenly, operators had to adapt their recruitment plans to an online world. Replacing the power of annual trade shows, which typically attract thousands of visitors, was no mean feat. Yet nine of the leading 14 fascias managed to hold onto or expand their numbers last year. The most impressive figures came in from Booker’s Premier and Parfetts Go Local – both of which grew store numbers by 150 – while Londis was also up by more than 100 stores. Meanwhile, Nisa signed up 73 more stores in 2020 than it did the previous year despite the challenges created by the pandemic. ....
by Bajan Reporter / January 14th, 2021 Oakwell Sports Advisory (“ Colin Graves, CBE, has joined its Advisory Board with immediate effect. The appointment reflects Oakwell’s sustained growth in 2020, its continued recruitment across the business – including Andrew Croker as Advisory Board Chairman in July 2020 – and its global ambitions. Colin is one of UK sport’s most recognisable and respected administrators and in August 2020 completed a five-year tenure as Chairman of the England and Wales Cricket Board, which was preceded by a two-year period (2013-2015) as Deputy Chairman. Colin’s achievements as Chairman were significant including significant governance reforms and paving the way for The Hundred. Colin was also a Board Director of the International Cricket Council from 2015-2020. ....