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Global wholesale group Costco has bought the 45% stake it did not already own in its Taiwan joint venture, Costco-Taiwan, for $1.05 billion.
Costco revealed in a statement that the…
Read MoreCostco UK sales reach £3.5bn in 2021
Global warehouse club operator Costco has reported a 14.4% rise in sales in the year ended 29 August 2021.
As a result, in the 12 months the group revealed its…
Read MoreParfetts staff receive cost of living bonus of up to £500
Wholesaler Parfetts is recognising its staff’s hard work and dedication with an exceptional cost of living bonus of up to £500.
Staff were informed over the weekend that the annual…
Read MoreBestway opens its second branded store
Bestway Wholesale has officially opened its second dual branded Costcutter and Bargain Booze store in Whiston, Prescot.
As a dual store, it has an off license offer to complement the…
Read MoreGrocery bills set to rise by £380 as supermarket food prices soar by 8.3%
Grocery bills are set to rise by an additional £380 over the course of the year while like-for-like supermarket prices have risen by 8.3% over the past four weeks, according…
Read MoreMotatos: Why bargain hunters and climate heroes mean the ‘UK market potential is huge’ for the Swedish supermarket
Online-only supermarket Motatos describes itself as a “different kind of food store”. The Swedish supermarket has launched in the UK today, selling well-known brands at knock-down prices, allowing consumers to…
Read MoreWholesaler warns of bottled beer shortage for summer
Leading Scottish Wholesaler Dunns Food and Drinks has warned the UK could see bottled beer stocks plunge as the price of glass bottles jumps by 80%.
The warning comes after…
Read MoreFever-Tree mitigates cost pressures as inflation soars
Fever-Tree has revealed it aims to mitigate cost pressures following the inflation costs.
According to the drinks giant, despite uncertainty remains in the near term, it is working with its…
Read MoreInflation soars to 40-year high following rise in food prices
The cost of living in the UK has increased at its fastest rate for 40 years following soaring energy bills, petrol prices and an increase in food prices.
According to…
Read MoreBank of England chief warns over ‘apocalyptic’ food prices
The Governor of the Bank of England, Andrew Bailey, has warned there is “very real income shock” coming from “apocalyptic” food prices but stood by the Banks policy decision.
According…
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