Wholesaling news

 

17 February 2021
The latest IGD review of the UK wholesaling sector shows that, despite an unprecedented spike of growth (+20.7%) in the retail channel sales of UK wholesaling in 2020, this was outweighed by the depth of the decline (-36.5%) in the foodservice channel; as its customer businesses faced repeated interruption and restriction in response to the successive waves of coronavirus infection. The net resul...
11 February 2021
Germany-based wholesaler Metro reported sales were down 11.2% in local currency terms, to €6.3 bn. The company said, despite its performance being affected strongly by COVID-19 restrictions in many of its markets, it had outperformed its peers in its core markets of Germany, France, and Italy. Western Europe sees strongest effect from pandemic Metro said its operations had performed better ...
09 February 2021
It has been announced that Darren Goldney is to step down as Managing Director of Unitas, the UK’s largest wholesale buying group.  He will leave the group in April, when John Kinney, currently Sales & Marketing Director will take over the role. Goldney a principal architect in the formation of Unitas Having joined the Today’s buying group as Managing Director in 2017, Darren Goldney was a ...
06 February 2021
Walmart-owned Flipkart has begun to deliver wholesale grocery items to Kirana stores and other small retailers in India. Pilot in Gurugram and service will be rolled out to the rest of India later Flipkart Wholesale, which connects manufacturers with retailers in 23 cities, started with clothing and footwear. With the addition of grocery products in its inventory, Kirana stores and small re...
06 February 2021
BigBasket has reported a 36% increase in its revenue to INR38,180m (US$525m) in FY20 (ending March 2020).  However, with overall expenses increasing 31% to INR44,114m (US$605m) the retailer reported losses of 26%, equating to INR7,099m (US$97m).   Intense B2B competition with the entry of big players Supermarket Grocery Supplies (SGS) operates e-grocery platform BigBasket, which supplies Ki...
01 February 2021
AEON has announced a partnership with US-based Boxed Wholesale to accelerate digitalisation of its stores.   Bridging customers from offline to online The tie-up will see the retailer using the ecommerce company’s technology to expand AEON’s offering in the online space. AEON will use Boxed Wholesale’s solution to create a storefront platform and inventory-picking software for its virtual ...
25 January 2021
Major London-focused cash & carry wholesaler, Dhamecha has acquired the Leyton depot originally operated by former competitor TRS Wholesale and currently owned by Vibrant Foods.  This will bring Dhamecha’s depot estate to 10 sites, with eight located in outer London areas encircling the capital. The two non-London depots are located in the Midlands, in Leicester and Birmingham. To be refurbish...
21 January 2021
Co-op wholesale subsidiary, Nisa has announced that it successfully onboarded 620 new stores to its distribution network in the course of 2020, a significant rise on 2019. This provides a significant platform for growth into 2021 following the significant boost seen in performance over 2020, with Nisa sales reported up 14% in the half year to July. Mix of independent and multi-site operators a...
19 January 2021
Leading UK food and grocery wholesaler, Booker has relaunched its website suite on 19 January, bringing a long-awaited, updated transactional experience to its extensive online B2B customer base.  Now optimized for mobile access, the new website offers a significant step-on in look and feel and flexibility of use, while retaining key aspects of layout and taxonomy that have become familiar to the...
14 January 2021
As Metro continues its evolution as a company, we round up developments in Spain, France and Romania as it looks to strengthen its operations globally and in the specific countries. Metro to promote digital transformation with Wipro Metro and Wipro have announced a strategic digital and IT partnership ‘ to drive forward the transformation of the Group's IT and to concentrate more strongly i...