Bestway’s revenues up 1.4% to £2.55bn

Bestway Wholesale’s revenues grew by 1.4% to £2.55bn in 2020 with the company putting this down to the commitment to delivering improved service and convenience to customers, as well as an investment in the supply chain and digital offering.

Managing director, Dawood Pervez explained that during this year the Bestway Team have remained focused on the integration of Bestway Retail into the business and delivering the associated scale benefits. “It’s all about the customer, and meeting their needs. The year to end June 2020 saw new challenges with pressure from the grocery sector continuing with major supermarkets such as Tesco, Morrisons and Sainsburys entering the wholesale market.

Read more: Bestway announces latest restructure of field teams

“As a sector, we also had to absorb the continued impact of the National Living Wage as well as the additional costs and associated uncertainty surrounding the Pandemic and Brexit.

Throughout the onset of Covid in 2020, we moved with agility and spent significant time and resource in ensuring all sites were robust from a health and safety perspective. This was a key priority to ensure protection for both our team here at Bestway, and our customers – whether in depot or for delivered services,” he added.

Read more: Retail restructure at Bestway

In early 2021, Bestway Wholesale acquired the Costcutter Supermarkets Group (CSG) enhancing its retail proposition by a further 1,500 stores.  Bestway Wholesale is now looking to integrate Costcutter alongside Bestway Retail

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Paul Hill
Paul Hill is the Editor of Better Wholesaling. Paul can be found on Twitter on @BW_PaulHill, or can be contacted via paul.hill@newtrade.co.uk and 020 7689 3376.

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