Costcutter has been chosen as the main supply partner for Eddy’s Food Station.
It means the Scottish convenience chain will have access to Costcutter’s 14,000-SKU range and 2,000 Co-op own-brand products.
The stores will also benefit from Costcutter’s loyalty scheme, the Shopper First growth programme, marketing support, and additional rebate rewards on qualifying Bestway-delivered purchases.
It comes as CEO Stephen Thompson opened the third store today (18 August) in Larbert, out of a planned 30 over the next five years. These will be a combination of new sites and the conversion of existing convenience stores.
The latest launch follows the openings of the Alloa store, which opened in May, followed by the Greenock store last week. The Alloa store was previously supplied by Booker, while Greenock was formerly a Spar store and Larbert was a Nisa.
The Alloa store opening marked the comeback of Stephen Thompson to the retail scene after almost 20 years.
Thompson formerly owned Morning, Noon & Night, alongside his father, Eddie Thompson, who passed away in 2008, before selling the 50-store Scottish convenience chain to Scotmid for £30m in 2004. He then became chairman of Dundee United Football Club from 2008 to 2018.
”The opportunity to operate a successful chain of convenience stores is very promising right now and these acquisitions, in very quick succession, are the next extremely exciting step in the long journey for the Eddy’s Food Station brand,” said Thompson.
”When we launched in May we stated we planned to open 30 stores within five years. With two additional stores already added to the roster and more in the pipeline, we are very much on track to meet that target.
“By adding another very central location and launching our first store in the west of Scotland, we’re making roots in three very well-known and highly populated locations, building on the success of the Alloa store.”
Eddy’s Food Station head of retail Mike Leonard added: “The quick development of the Eddy’s Food Station group is an indication of how strong the convenience sector is. It’s brilliant to see the beginning of the Eddy’s Food Station journey progress so quickly with many other exciting launches imminent.
”The success of the Alloa store and the growth of the brand is testament to Stephen and his expertise in the sector. I’m thrilled to be a part of the story, which has created and will continue to create significant new jobs and provide valuable services to Scottish communities.”
Bestway Retail business development director Jamie Davison said: ”We are absolutely delighted that Costcutter will be the main supply partner for the three Eddy’s Food Station stores that have opened in Scotland, and we very much looking forward to supplying the further 30 stores that they plan to open over the next five years.”
No comments yet