Costcutter news and analysis – Page 13
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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...
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Buying clout beefed up
Costcutter has strengthened its buying team with two new trading managers.Steve McCann joins from Sainsbury's convenience division. He will be responsible for alcohol, tobacco and news. He has 12 years' experience in these...
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Nisa charms members in wake of failed deal
Nisa-Today's appears to be building bridges with members who became disgruntled during last year's contentious failed merger with Costcutter. New non-executive chairman Edwin Booth and chief executive Neil Turton met last month to discuss...
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NMA rebels who wouldn't go away
Nisa-Today's had been hoping for a quiet 2007 following the chaos that surrounded the collapse in 2006 of its proposed merger with Costcutter. For a while it appeared that peace had broken out between the rebel Nisa Members' Association,...
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The odd couple that finally fell out
From that May moment when The Grocer found out about the proposed merger between Nisa-Today's and independent retailer Costcutter, its biggest member, it was clear negotiations weren't going to go smoothly. The Nisa Members Association...
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The autumn of the patriarch
Dudley Ramsden had the final say on nearly every move made by Nisa-Today's for almost 30 years. That all changed when the Costcutter merger was rejected and, on November 28, he stepped down as executive chairman to take on the less hands-on role...
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Still holding their ground: Ramsden and Nisa Members Association are unbowed
The group responsible for blocking the proposed merger between Nisa-Today's and Costcutter has refused to bow to calls from Nisa members to disband. A number of members have told The Grocer that the Nisa Members Association, which was...
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Still holding their ground: Ramsden and Nisa Members Association are unbowed
The group responsible for blocking the proposed merger between Nisa-Today's and Costcutter has refused to bow to calls from Nisa members to disband.A number of members have told The Grocer that the Nisa Members Association, which was...
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Top-Up shop
Who we visited. Costcutter, Lodway, Bristol, One stop, Station Road, Horsham. Budgens, Tolworth, Surrey Spar, Amersham Road, Bucks. Tesco Express, Wellingborough Road, Northamptonshire. How they...
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Nisa-Today's ripe for tie-up with Landmark?
A merger between Nisa-Today's and buying group Landmark is a distinct possibility following the collapse of the Nisa/Costcutter deal and the retirement of Nisa-Today's chairman Dudley Ramsden, according to wholesale trade sources. Calls...
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Frustration over collapse of Nisa-Today's-Costcutter deal
The collapse of Nisa-Today's merger with symbol group Costcutter is a blow for the whole independent sector, according to analysts and sources within Nisa-Today's. Many of the group's retail members have reacted with frustration and...
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Bestway eyes Nisa-Today's
Wholesaler Bestway has reaffirmed its interest in acquiring Nisa-Today's in the wake of the collapse of the Costcutter merger. Bestway MD Younus Sheikh said it remained willing to explore further the benefits of a potential takeover. An...
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It was, er, beautiful, but now it's over
When a bombshell like the collapse of the Nisa/Costcutter merger hits, the fallout is huge. People are left asking not just what happens to the two companies themselves. There are also wider implications for the whole independent grocery sector....