Wholesaling news

 

16 January 2020
Metro Group has reported sales growth of 2.2%, with same store sales up 1% compared to last year. Positive performance across most markets Metro Group saw Q1 sales hit €7.5bn, with strong growth in many of its markets. In Asia, sales were up by 3.2%, in part driven by positive currency effects. In Eastern Europe, same store sales increased by 5% and in Western Europe (excluding Germany), sa...
06 January 2020
Costco in Australia has recorded sales of over AU$2bn for the first time. Growth of over 18% The retailer's Australian revenue was recorded as AU$2.159bn for the 52 weeks to September 2019, up 18.5% from AU$1.822bn in 2018. Its operations in Australia continue to perform well, with growth accelerating against the 14% growth recorded in its 2018 financial year. Costco now has 11 store tradin...
19 December 2019
The latest accounts filed by Dhamecha Foods with Companies House, for the year to March 2019, show that sales at the cash & carry wholesaler were up by 5.4%, reaching £793.5m, with operating profit up 8.3% to £13.1m. Outperforming the UK market With a customer base of some 12,000 trade customers, almost exclusively in the independent retail sector, Dhamecha's performance is well ahead of th...
13 December 2019
Nisa, the wholesaling division of Co-op, servicing independent convenience retailers, has revealed that its pace of recruitment has stepped up 40% in 2019.  This has added more than 500 stores to the Nisa customer network, pushing the total number of stores serviced over 4,500. Roll-out of Co-op private label 'a major game changer' A key improvement, making the Nisa offer more compelling fo...
06 December 2019
Metcash has released half year results for the period ending 31 October 2019, with group revenue including charge-through sales, up 0.5% to AU$7.21bn. Underlying EBIT declined 5.3% to AU$149.7m, mainly attributed to a lower contribution from the food business as a result of the loss of its contract with Drakes on 30 September in South Australia Food sales including charge through increased 1.2...
05 December 2019
Asda has opened its first bulk-buy trial outlet adjacent to its Patchway, Bristol superstore.  Using the The Deal Depot banner, this new format represents a distinct concept from the core Asda operation, with separate branding and differentiated ranging.  We popped in on its first day of trading to get a feel for this new value proposition and to grab a couple of bargains! Source: IGD Resea...
04 December 2019
Last year, Costco Japan announced plans to launch an online store . We are now beginning to see the wholesaler make progress. Costco online shopping coming soon In preparation of launching its online shopping platform, Costco Japan has revamped its corporate website . The wholesaler has introduced a new AI ChatBot system and is advising shoppers to prepare by registering online to creat...
02 December 2019
South-west England SPAR distributor, Appleby Westward has acquired the Southampton-based mini convenience chain, Denovo Retail, adding a further 17 stores to its company-owned retail estate.  Denovo will continue to operate separately to the core AW store business.  Under a new name, Wessex Retail, Denovo's directors will work in partnership with AW to drive further acquisitions for the regional ...
27 November 2019
Parfetts the major North-West England-based wholesaler has announced the appointment of Martin Race, the former Managing Director of Bestway, as its Chairman to succeed Graham Nuttall.  With extensive experience from his long career in the UK B2B sector, Martin Race will bring a highly relevant 'wise-head' to the oversight of Parfetts' executive, as the business continues to evolve away from its ...
27 November 2019
7-Eleven has decided to not renew its supply contract with Metcash when it runs out in in August 2020. Second major contract loss this financial year Metcash's annual sales from the contract with 7-Eleven amount to approximately AU$800m, mainly in lower margin categories such as tobacco. This latest development follows on from Metcash losing its contract to supply Drakes Supermarkets in So...