Parfetts awards 8% profit share bonus to staff

Parfetts employees picked up an 8% profit share bonus following a recent series of record-breaking trading periods which saw the saw its September Savers promotional event sales top £14.6m.

The move follows a bonus of up to 2% in June and an exceptional cost of living payment of up to £500.

Guy Swindell, joint managing director of Parfetts, said: “Our team continues to go above and beyond to deliver great customer service and help retailers maximise their margins in a challenging economic climate. We want to ensure that we recognise this dedication with a bonus that will help with the rising cost of living that we all face.

Read more: Savers trade week delivers Parfetts record sales

“Parfetts is pushing on all fronts to ensure that we continue to help our customers however they shop with us – in our network of industry-leading depots, through our ever-growing team of regional development managers, and with investment in new technology to ensure it’s easy to do business with us.

“We’ve doubled down on our seasonal events, which are designed to drive footfall, increase basket spend and grow margins. Plus, we are continuing to offer our usual promotional support, including one-day specials, manager’s specials, three weekly promotions schedules and supplier takeovers. As a result, we are confident that we are leading the industry in delivering value to our retailers and their customers.”

Red more: Working Together Project: SBF GB&I & Parfetts

Parfetts has reinvested in the business in the last year to support customers. It has advanced plans to improve and expand its depots, rapidly grow the delivered service, and expanded its fascia operations.

A new depot is in development in Birmingham to expand its presence in the Midlands and down the M40 corridor.

SHARE
Avatar photo
Paul Hill is the Editor of Better Wholesaling. He can be found on Twitter at @BW_PaulHill, or contacted via paul.hill@newtrade.co.uk and 07960935659.

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.