Bestway news and analysis – Page 11
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NewsConviviality share price boosted as sales more than double
Shares in Conviviality leapt 10% today as revenues more than doubled to £864.5m and the drinks group said the integration plan for Matthew Clark and Bibendum was ahead of expectations.
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NewsCity Snapshot: Conviviality sales more than double after Matthew Clark deal
Full year sales more than doubled at Conviviality in the 53 weeks to 1 May 2016
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NewsBestway Wholesale offers tobacco retailers advice on EUTPD2
Bestway is advising retailers to preserve the current manufacturer recommended retail prices
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NewsConviviality appoints former Carlsberg UK boss as MD of trading division
Lousada was in charge of Carlsberg UK from January 2014 to October 2015
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NewsBestway Wholesale wins Park Garage Group contract from P&H
Contract is Bestway’s multiple accounts division’s biggest win to date
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NewsBestway's Great Rebate back to help indies 'get fair share'
The Great Rebate, which starts in April, offers a minimum 3% rebate across key lines
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Analysis & FeaturesConviviality set to profit as Matthew Clark beds in quicker than expected
The Bargain Booze owner expects profits in the next two years to be higher than expected
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NewsCity snapshot: "Strong" Christmas trading at Conviviality
Overall revenues were up 38% to £252m in the 27 weeks to 1 November, with EBITDA up 43% to £6.5m
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NewsMark Aylwin to leave Booker to run Matthew Clark
Bargain Booze owner Conviviality has poached Booker exec Mark Aylwin to run recently acquired wine wholesaler Matthew Clark.
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NewsConviviality expands reach into events with Peppermint deal
Conviviality is to acquire a majority stake a bar and events company operating at festivals and sporting events as sales soar 38% in first half thanks to Matthew Clark deal.
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NewsBestway is first UK wholesaler to introduce Apple Pay
Bestway has become the first UK wholesaler to introduce Apple Pay
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NewsBestway's Zameer Choudrey awarded The Grocer Cup
Bestway CEO Zameer Choudrey has won The Grocer Cup at this year’s IGD Awards dinner
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NewsConviviality signs £4.3m fintech contract as Matthew Clark takeover completes
Conviviality Retail has signed a new contract with financial technology business Universe to provide point-of-sale, payment and encryption services. It comes as Conviviality’s £200m reverse takeover of wine and spirits supplier Matthew Clark cleared its final hurdle yesterday.
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Analysis & FeaturesConviviality: a Booker for the drinks trade?
£1.1bn merger creates on and off-trade giant but execution is key
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NewsBestway launches world foods in strategically selected depots
Bestway has launched a new range of branded world food products from seven global regions…
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Analysis & FeaturesConviviality Retails sidesteps takeover questions to focus on growth story
Conviviality Retail sought to shake any shadow potentially cast over today’s full-year results by the headline-grabbing reverse takeover bid of wine wholesale Matthew Clark by refusing to answer any questions on the subject.
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NewsBargain Booze owner lays foundations for growth
Conviviality Retail boss Diana Hunter has said the group is in a “strong position” to grow in the coming years after the Bargain Booze owner increased revenues 2.4% to £364.1m.
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NewsBestway scraps credit card charges for customers
Bestway Wholesale has axed credit card transaction fees at its 60 Bestway and Batleys depots as well as across its websites and mobile app.
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NewsBargain Booze launches ‘cheeky’ take on Aldi adverts
Bargain Booze has launched a “cheeky” advertising campaign reversing the successful series of Aldi price comparison adverts as the off-licence chain matches the price of Carlsberg Export and Smirnoff vodka with the discounter’s own-label products.
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NewsBestway opens first two Well pharmacies acquired in Co-op deal
The Well brand will be rolled out across the entire pharmacy estate, which the cash and carry giant bought last July for £620m from The Co-operative Group