Skip to content
Search
AI Powered
Latest Stories

Falkirk retailer Anand Cheema switches to Costcutter

Falkirk retailer Anand Cheema switches to Costcutter

Falkirk retailer Anand Cheema, winner of the Impulse Retailer of the Year award at the 2020 Asian Trader Awards, has switched his Spar store to Costcutter.

His store has been rebranded to the Costcutter livery, with a full refit set to take place in early 2022.


“I’m delighted to join the Costcutter brand and am excited for the journey ahead, where I will be able to improve my business and its overall profitability,” the 24-year-old said.

“We have a successful history with the Costcutter brand, having enjoyed tremendous success as a Costcutter store in the '90s through to the early 2000s. We still have a great relationship with members of the team.”

Cheema, son of the Scottish Grocers Federation chief executive Pete Cheema, added that he was particularly impressed by the ambition of the Bestway Group, which owns the Costcutter brand, and “the successful direction the business is clearly heading in.”

“For me, it’s all about teamwork and optimising the best possible opportunities. It’s important to be working with a symbol partner that has the same vision as I do and who is looking to grow together with its retailers,” he said.

Cheema said the rebrand would be the next stage in the store’s growth and development, which has already made a name as a whisky hot-spot for connoisseurs.

“We know that consumers’ shopping behaviours are changing fast right now, and we want to ensure we are at the forefront of that change. We’re here to serve our community and that is and will always be our number one priority,” he added.

Commenting Jamie Davison, head of new business and store development at Bestway Retail, said: “We are delighted that one of Scotland’s most exciting young retailers has joined our Costcutter brand as it’s a great time to join the Bestway family.

"As a family-owned business, Bestway has been very clear about its focus since the 1970s: helping retailers thrive.

“We are proud to be known in the industry as the most supportive brand in the sector and it is fantastic to see that we are becoming the symbol of choice for entrepreneurial retailers who are looking to take their stores to the next level.

“Alongside what we believe to be the best support package in the business, we’re investing in new ground-breaking technology and services that will help our retailers understand and adjust to changing consumer behaviours.

“Anand has already had great success in his retail career, and we believe that together, we can help him grow his business even further.”

More for you

Volumatic welcomes new FCA rules safeguarding access to cash

Volumatic welcomes new FCA rules safeguarding access to cash

As industry leaders is cash handling, Volumatic has long supported the use of cash and the importance of maintaining access to cash for both consumers and businesses. The company recognises the importance of the new set of rules created by the Financial Conduct Authority (FCA) two months ago, to safeguard access to cash for businesses and consumers across the UK.

Since introduction, the new rules are intended to ensure that individuals and businesses who rely on cash can continue to access it and the outcome has already sparked the creation of 15 new banking hubs across the UK, including one in Scotland, with many more to follow.

Keep ReadingShow less
Jisp unveils new NPD service

Jisp unveils new NPD service

Retail technology company Jisp has launched an NPD service as part of its new Direct to Retailer business unit.

The new NPD service will allow brands to launch or trial new products in a guaranteed number of convenience store locations, with on the ground review of execution by Jisp’s retail growth manager team, and performance data and insights deliverable through its scanning technology and back-office systems.

Keep ReadingShow less
Tesco launches price cuts in Express convenience stores
File image of Tesco Express

Tesco launches price cuts in Express convenience stores

Tesco is slashing the price of more than 222 own-brand and branded products in its Express convenience stores.

Essentials including milk, bread, pasta and coffee are included in the lines which have been reduced in price by an average of more than 10 per cent at Tesco Express stores. The retail giant has made more than 2,800 price cuts across stores in recent months. With 2,048 of convenience stores at the end of the 2023-24 financial year, Tesco aims to benefit hundreds of thousands of customers from the cheaper deals.

Keep ReadingShow less
vape and cigarette
Photo: iStock

One in five ex-smokers in England now vape, study finds


Summary
1. One in five people who have successfully quit smoking in England currently vape, with an estimated 2.2 million individuals using e-cigarettes as a smoking cessation tool.
2. The increase in vaping among ex-smokers is largely driven by the use of e-cigarettes in quit attempts, with a rise in vaping uptake among people who had previously quit smoking for many years before taking up vaping.
3. While vaping may be a less harmful option compared to smoking, there are concerns about the potential long-term implications of vaping on relapse risk and nicotine addiction. Further research is needed to assess the impact of vaping on smoking cessation outcomes.


Keep ReadingShow less
Bira engages with Treasury on Budget fallout, business rate reform
(Photo by Christopher Furlong/Getty Images)
Getty Images

Bira engages with Treasury on Budget fallout, business rate reform

Independent retailers association Bira has held a meeting with members of the Treasury team to discuss concerns following its robust response to the Government’s recent Budget announcement.

The Budget, labelled by Bira as "devastating" for independent retailers, was met with widespread indignation from Bira members.

Keep ReadingShow less