Costcutter has created a new role in its management structure in a bid to boost local sourcing.
Costcutter has announced the appointment of two new directors to its main board.
Kevin Widdrington joins the board as IT director, while Jamie Davison has been appointed sales director.
Costcutter has pledged to increase its number of stores by 12% and grow turnover by 52m in the next two years.
Costcutter is working with suppliers on a project to improve availability of key lines in store.
Costcutter is working on a major revamp of its ambient own label range. The group believes the move will modernise and reinforce both customer and retailer faith in its own-label products.
Costcutter is planning to up its marketing spend throughout the summer on the back of a 14% increase in year-on-year sales for February and an overall increase of 9.5% across all trading areas for 2007 to date.
Costcutter has launched its biggest ever ad campaign to attract price-conscious shoppers.
by ronan hegarty
Nisa-Today's and Costcutter are both seeking to fill gaps in their trading teams left open during merger talks between the two companies.
Midlands-based symbol group Select & Save is believed to have retailers queuing round the block after a campaign to tempt Costcutter members to switch fascia.
Costcutter is understood to have completed a refinancing deal with Icelandic bank Kaupthing to help fund a major store acquisition programme.
Costcutter is looking to expand its franchising empire further into Europe and into the Far East.
Costcutter is to make a multi-million pound investment this year through store acquisitions, TV advertising, relaunched radio and new epos.
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