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Independent & Convenience Stores Insight Update Sep 2012

Independent & Convenience Stores Insight Update Sep 2012

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Published by CPMInternational
Independent & Convenience Stores Insights Sep 2012
Independent & Convenience Stores Insights Sep 2012

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Published by: CPMInternational on Sep 25, 2012
Copyright:Attribution Non-commercial


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Retailers get lean to survive tough times
Retailers are reacting to the disappointing summer and economic squeeze with a sharpened focus on ranging and stockmanagement.Some have increased the frequency of their deliveries to reduce stock levels and ease cash flow, while others have cut backtheir ranges more intensively and increased the regularity of stock checks.
“We haven’t got the luxury of cash flow that we had in the past,” said Ramesh Shingadia of Londis Southwater, Wes
Sussex. “It was supposed to be the best summer ever, but it’s been really flat, and then there’s just the general issue of austerity.”However, he claimed that resourceful retailers who worked “leaner and meaner” would pull through. “We’re having to
k much smarter. We used to have deliveries three days a week, but in the last six months we’ve moved to six days aweek, which means stockholding has gone down a lot.” He warned fellow retailers not to be seduced by deals in cash and
carries unless they were positive that the products would sell in store.Vince Maloney
of Budgens Ascot agrees: “
When business slows down, as it did for us in May, we instantly changed ourfocus to promotions so as not to lose out. We also stock a huge amount of products from local producers and we have a
fantastic relationship with them, so when things do slow down, they understand.”
Source: Convenience store 28th August 2012
Indies cash in on Shop Scan Save app
Independent convenience stores are the big winners from Shop Scan Save, the app thatpings its 16,000 users daily rewards and offers to cash in at PayPoint stores.Mobilize, which created the app, said 75% of purchases were being made at indies
theresult of the number of offers on top-up groceries
such as milk and butter
and treatsincluding chocolate and crisps.The developer also said that 63% of savings, which can be redeemed at over 23,000 storesin the UK, had been made by men.
Source: The Grocer 29
August 2012
 Asda in the frame for Costcutter alliance
A significant announcement on Costcutter’s future supply deal is expected within days,
with Asda the latest multiple retailer to be linked to the group.The current contract with Nisa expires in the summer of 2014, and C-Store understandsthat there are two options left under consideration: a renewed deal with Nisa, or astrategic alliance with a multiple operator, thought to be Asda.Earlier discussions with Morrisons are believed to have foundered because the multiple
wanted to acquire Costcutter’s company
-owned stores, whereas owner Bibby LineGroup plans to retain and ultimately increase the size of the estate. An alliance with Asdawould be more workable as it is the one large multiple yet to commit to building a c-store division, and could provide low-cost product sourcing while Bibby handled thedelivery logistics.
Source: Convenience store 12
September 2012

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