Costcutter set to announce new supply contract

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Costcutter is likely to announce its new supply deal in the next few days, with legal teams ironing out the final terms of the contract, C-Store has learned.

The supply arrangement is widely expected to be with the Co-operative Group in a deal that has been delayed by Nisa members’ vote on a takeover this week.

“People needed to wait for the vote on the Co-op’s takeover of Nisa. It makes sense not to mention it until then, as it could’ve influenced Nisa members’ decision,” a source said. “But rumours of a merger are completely wide of the mark.”

Costcutter issued a letter to its members in August saying that the group had some “exciting opportunities on the table” about collaboration.

A spokesperson for Costcutter said today: “When we wrote to our retailers in late August to update them on discussions we are having in the market, we fully expected this to fuel rumour and speculation.

“However, while we continue to explore all possible opportunities, we will not be making any response until we are ready to make an announcement to our retailers.”

Readers' comments (8)

  • Its a done deal.Palmer & Harvey management have apparently known for weeks.P&H staff in depots are expecting redundancies and depot closures

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  • Thank goodness something is happening because the last 4 weeks have been the worst availability in my 11 years
    I feel for some of the p&h drivers who are excellent .
    Not sure the Co-op is the best solution ,there is hardly a town where costcutter Co-op are not in competition with each other.

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  • Co-op have bought a number of Nisa and Costcutter shops in the last 3 years. They like them. They will have a strategy of buying the best from the invoice data and attrition the rest out of the Costcutter emporium and the Nisa network.

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  • This is to retailer we all know who u r and need to give up the I hate pandh attitude tic tock #clown

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  • But you have to agree with retailer p&h are in big trouble now

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  • I can't stress enough what a relief it will be to see the back of P&H. They have been a shambles from day one and continue to be a shambles! However I don't blame them I blame the clowns, some of which are still in a job, who got us into this mess in the first place and didn't have the balls to get us out sooner!

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  • CC made biggest mistake when they moved away from nisa the best wholesaler with massive range . CC are paying the price for their ego and in process have not just lost loads of money but have effected the lively hoods of their members . as few ex CC members have said to me that joining nisa was like switching light bulb on .

    this is the conundrum for nisa members who sold their soul for 20 pieces of silver from coop . this is from grapevine that CC was looking for deliveries from nisa but had held back until nisa members voted . and I also hear on grapevine that CC is now talking to coop for deliveries via nisa !!

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  • Wonder what this means for the Mace/Supershop stores that CSG aquired as part of the deal with P&Horiginally.

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