Co-op Wholesale has renewed its supply deal with Costcutter Supermarkets Group, easing retailer concerns about the symbol group’s future supply chain.
Costcutter has been supplied by Co-op Wholesale, previously known as Nisa, since 2018. Its existing contract was due to expire in December this year. The agreement ends speculation that Costcutter’s owner, Bestway, was seeking a new supplier for the symbol group.
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Katie Secretan, managing director of Co-op Wholesale, said: “I am delighted to announce this new agreement which goes further than just a supply deal; we are jointly focused on true partnership as the key ingredient for mutual success, as we collectively support independent retailers to grow through our market leading propositions.”
Dawood Pervez, managing director of Bestway Wholesale, added: “The continuation of our collaboration will see Costcutter stores continue to benefit from the market-leading full-service convenience model from Co-op Wholesale, including access to the iconic and best in class Co-op own brand products. Both businesses are committed to working together to continuously improve the offer, supporting retailer growth in an evolving market.”
The length of the partnership has not been confirmed. No further details of the agreement have been shared.
