Costcutter hits 2,600 store milestone after investing in growth

CONVENIENCE store group Costcutter has passed the 2,600 store mark for the first time.

After a positive first quarter, the number of Costcutter, Mace, Kwiksave, SuperShop and Simply Fresh stores totals 2,625. This includes a net increase of 41 stores in the first quarter of 2015.

Store numbers have increased in all regions and includes eight retailers joining from Nisa so far in 2015.

The overall store growth trend is predicted to continue through 2015 due to a strong pipeline of new retailers who are actively considering joining the group.

Daniel Quest, retail director of Costcutter Supermarkets Group, said: “Having over 2,600 retailers in our Group is a pleasing milestone to cross. What is clear is that retailers understand the value we are able to bring due to the combined simplicity and strength of our offer.

“The simpler pricing, no membership fees and no order fees which we introduced in 2014 when we entered our partnership with P&H is obviously attractive.

“However, retailers are equally drawn by the value we can achieve through the £5bn buying power of Buyco, the strength of our range, and our compelling and flexible promotional programme.

“With a brand portfolio that can cater for any retailer and market leading support from our expert field teams, who help members develop their store and grow sales, we are in a strong position to provide the sort of partnership independent retailers require in today’s market.

“This is helped further by the security and long-term stability provided by our parent company, Bibby Line Group.”