Bestway Wholesale has announced a drop in pre-tax profits of more than 50% amid “difficult business conditions”.
Conviviality Retail, owner of the Bargain Booze fascia, has announced a 1.7% decline in like-for-like first half sales.
Booker chief executive Charles Wilson says that the proposed merger with Tesco will help independent retailers “go to the next level”.
Tesco and Booker have stunned the industry this morning with the announcement of a £3.7bn merger plan
WHSmith has posted a 3% decline in its High Street stores for the 21 weeks to 21 January, but a strong performance at its Travel stores drove overall sales growth.
Booker Group has still to reach a verdict on a 20-store trial in which Premier outlets are supplied through the Londis supply chain.
North of England wholesaler Parfetts is to step up its recruitment to symbol and retail club membership following the successful launch of a 24-hour picking system and record Christmas sales
Central England Co-op has reported strong sales through its convenience stores during the Christmas period
Sainsbury’s convenience business achieved sales growth of more than 6% in the 15 weeks to January 7, the multiple retailer reported this morning [Wednesday].
Morrisons has posted its strongest Christmas performance for seven years with like-for-like sales up 2.9% – 4.7% including fuel – in the nine weeks to the beginning of the year.
The Lincolnshire Co-operative has announced a 12.6% increase in like-for-like sales for the three week period from December 11 until New Year’s Eve.
The Midcounties Co-operative has reported a Christmas sales boost, as like-for-like sales increased by 3.6% across its food stores for the three weeks to December 31.
Have you noticed a shift in spend towards emerging categories such as food to go?
The multiples can learn a lot from independents about responsible retailing, Sam argues.