Bibby Line Group has agreed the sale of Costcutter Supermarkets Group (CSG) to Bestway Wholesale – the UK’s largest independent wholesaler. CSG has reported a significantly improved performance over the last two years, following investment in key areas of the business. During the 12 months to 31 December 2019, CSG’s sales rose by 10% to £426m, with EBITDA increasing by more than £9m to £5.1m. The agreement completes the planned strategic realignment of Bibby Line Group’s portfolio, following the sale […]
The government’s “insane” immigration policy is to blame for the lorry driver shortage, and not Brexit, the head of retail giant Next said this week.
BCA Marketplace has hit the acquisition trail once more, snapping up automotive services group Paragon Automotive for £105m.
Hermes has revealed that each of its ParcelShops handled an average 60 parcels a week in the run up to Christmas, as more than 60,000 parcels were moved through the network during the festive period. The carrier has also hit its target of opening 1,000 ParcelShops by the end of 2012, just five months after launching the service in June 2012 with 500 locations. A spokesman for the firm said: “The volumes for ParcelShop are running ahead of expectations and […]