All Costcutter articles – Page 12
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Top-Up shop
Who we visited East of england co-op Stowmarket, Suffolkcostcutter Blackburn, West Lothianone stop Highbridge, Burnham-on-Seapremier Kirkintilloch, East Dunbartonshiretesco express Sutton, South...
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Election rout of the NMA rebels
An audacious bid to gain places on Nisa-Today's board by the rebels who brought down last year's proposed merger with Costcutter was left in tatters this week as members voted firmly in favour of candidates loyal to the executive.Leading...
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Revamp for Costcutter board post Bibby deal
Costcutter has made its first significant board changes since selling a controlling 51% stake in the business to Bibby Line Group in September.The group has promoted IT director Kevin Widdrington and sales director Jamie Davison to its...
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Nisa rebels seek election to board
The rebels who derailed Nisa-Today's proposed merger with Costcutter have launched a controversial bid to win seats on the buying group's board. Papers seen by The Grocer show that former leading lights in the Nisa Members Association,...
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Costcutter accused of double standards over ordering levy
Nisa member Costcutter has been accused of double standards over its reaction to the introduction of Nisa-Today's new Low Weekly Order Volume Levy. Costcutter executive chairman Colin Graves has given his broad support for the levy, which...
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Symbol groups - the pressure to consolidate
With a new investor in place, Costcutter is steadily recruiting new retailers and eyeing some of the smaller competition. The understanding that Costcutter is looking to acquire East Anglian rival Redorange lends weight to the theory that as the...
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Profile Costcutter - Bibby's in for the long haul
Costcutter's future within buying group Nisa-Today's appears to have been secured by the deal with Bibby Line. Bibby Distribution has provided Nisa-Today's logistics for the past 22 years and so has a longstanding relationship with the buying group....
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Bibby's stake in Costcutter sparks talk of Nisa merger
The acquisition this week of a controlling stake in Costcutter by Bibby Line Group has reignited speculation of a possible merger between Nisa-Today's and Costcutter.Several Nisa-Today's members have told The Grocer the deal has created...
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Shop Profile - Costcutter
Store Numbers: 124 (company-owned)Staff: 686Turnover: £114m (company-owned)Type of operation: c-storesCostcutter's future within buying group Nisa-Today's appears to have been secured by the deal with Bibby Line. Bibby...
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Peace at last as Nisa rebels disband (and take credit for improvements)
The rebel Nisa shareholders responsible for blocking last year's private equity funded-merger between Nisa-Today's and Costcutter have finally disbanded.In a statement to members this week the group declared its backing for the current...
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Board u-turn triggers rising hostility from Nisa's rebels
The animosity between Nisa-Today's and the activists that brought down last year's merger with Costcutter has escalated.After antagonising the Nisa Members Association with a statement criticising the group last week (The Grocer, 12 May,...
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Costcutter says no to Kwik Save supply plea
Kwik Save is still believed to be suffering serious supply chain difficulties - despite the bravado shown by chief executive Paul Niklas last week. The company is understood to have approached Costcutter with a view to supplying Kwik Save with a...
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Bargain Booze set to launch c-store format
Private equity-owned off-licence chain Bargain Booze is poised to take on Spar, Costcutter and Londis with a new c-store format.The chain has been developing the offer for the past 12 months and is set to unveil it in the...
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Trade picks up at Costcutter
Costcutter has hired its third new trading manager to cope with the number of independents joining the group. Bev Loughran joins Peter Lightfoot and Steve McCann who were appointed last month. Loughran will be responsible for...
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An outbreak of wholesale consensus is set to deliver
Five months ago Nisa-Today's seemed on the brink of civil war. The proposed merger with Costcutter funded by Kaupthing was in tatters, the blame game was in full swing and the number of member groups being formed was reminiscent of a scene from...
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Nisa-Today's combines to boost buying power
Nisa-Today's will seek to gain better terms from suppliers by combining the buying power of its wholesale and retail arms. The move is part of its new business strategy in the wake of last year's collapsed merger with Costcutter....
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Turton: Nisa-Costcutter deal will not be revived
Nisa-Today's chief executive Neil Turton has categorically ruled out reviving the controversial merger with Costcutter, which collapsed last October. Speaking to The Grocer at Nisa's annual show for independents and wholesalers, Turton...
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Landmark insists it has no need for Nisa tie-up
Landmark Wholesale has poured cold water on rumours linking it to a merger with Nisa-Today's.Rumours of a tie-up between the UK's two biggest buying groups have persisted since the proposed merger between Nisa-Today's and Costcutter...
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Costcutter and Nisa cleared of cartel slur
The OFT has rejected the allegations of cartel activity that sensationally derailed the proposed merger between Nisa-Today's and Costcutter last year.The Grocer has learnt that the OFT closed the file on the case earlier this month after...