Costcutter

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Template:Short description Template:Use British English Template:Use dmy dates Script error: No such module "Infobox".Template:Template otherTemplate:Main otherScript error: No such module "Check for clobbered parameters".Script error: No such module "Check for unknown parameters". Costcutter is a convenience shop symbol group operating as two separate entities with different ownerships in the United Kingdom and the Republic of Ireland.[1][2] It previously had stores in Poland. The shops are independently owned and join the groups, paying a fee for marketing and branding support and purchasing their stock from the brand owners.

By 2006, there were some 1,400 shops under the Costcutter brand,[3] with the majority of shops being in the United Kingdom, and 120 shops in Ireland and 52 in Poland.[4]

United Kingdom

File:Costcutter Ireland logo 2023.png
Logo used in the UK until 2016, and in Ireland until 2024

Costcutter was founded in 1986, by Colin Graves.[3]

A proposed merger with Nisa-Today's collapsed in November 2006, after concerns about a cartel.[3] which were reported to the Office of Fair Trading by members of Nisa-Today's, who opposed the merger.[5]

Costcutter revived the Kwik Save brand in 2012, from a separate chain which had ceased trading.[6]

In 2018, The Co-op Group made an offer of £15 million in an attempt to take ownership of Costcutter. The bid was rejected, but it was believed the Costcutter was open to further talks.[7] The Co-op subsequently became the sole supplier to the Costcutter group.[8]

In 2020, during the Covid-19 pandemic, Costcutter built 20 pop-up shops in NHS hospitals.[9]

In December 2020, Costcutter's UK business was acquired by Bestway Wholesale. The Co-op supply agreement will continue until 2026.[10]

Republic of Ireland

In 2000, the brand entered the Irish market as a separate business under the ownership of Barry Group.[2]

In 2024, Costcutter Ireland ditched its previous logo with a new one, still different from the one in the UK in being all red rather than green and red.

References

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Other sources

External links

Template:Portalbar Template:UK supermarkets Template:Supermarkets in Ireland Template:Convenience stores in Europe

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  3. a b c "Nisa's chairman to step down", Yorkshire Post, 2 November 2006
  4. "Local retailers planning merger", BBC News, 10 May 2006
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