THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Co-op to supply Costcutter after Palmer & Harvey collapse

The Co-op has entered into an agreement that will see it become the exclusive wholesale supplier to Costcutter Supermarket Group and its 2,200 Costcutter, Mace, Simply Fresh, Supershop and Kwiksave convenience stores.

FOOD & DRINK

Co-op to supply Costcutter after Palmer & Harvey collapse

The move follows news of the collapse of Costcutter’s supplier Palmer & Harvey earlier this week.

The Co-op has also confirmed that it is looking at practical short-term ways it can support independent retailers within the Costcutter group until the formal agreement begins in spring 2018.

Jo Whitfield, chief executive of Co-op Food, said: “We are operating in a dynamic market environment and this deal, coming shortly after our Nisa announcement, shows how we are positively responding to the changes occurring within the sector.

“Whilst our deal with Costcutter will start formally in spring 2018 we are looking at practical ways we can support independent retailers during this busy trading period, in light of the news concerning P&H. It is essential that we maintain a strong independent retail sector and the Co-op is committed to playing its part, along with others in the industry, in ensuring this occurs.”

The deal will also provide the opportunity for Costcutter’s independent retailers to become Co-op franchisees.

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy