Costcutter

Costcutter
Limited company
Industry Retail
Founded 1986 (1986)
Headquarters Dunnington, York, England
Number of locations
 1,700[1]
Products Grocer's shop, Convenience shops
Website https://www.costcutter.co.uk
Previous logo used from 1980 to 2016
Costcutter shop in Deptford, London.

Costcutter is a business based in the United Kingdom primarily operating as a symbol group supplier to various independently owned convenience shops and off-licences.[2] It has operations in the United Kingdom, Ireland, Poland and Jersey, Channel Islands, encompassing both supermarkets and convenience shops. As of December 2006, Costcutter (Ireland) was owned by James A. Barry and Co.[3]

Costcutter was founded in 1986 by Colin Graves.[4] As of November 2006, there were some 1,400 shops under the banner.[4] In May 2006, the majority of shops were in the United Kingdom, with 65 shops in Ireland and 52 in Poland.[5]

Many locations in the United Kingdom were formerly SPAR locations, whose owners switched to Costcutter because of cheaper fees. SPAR is still a major competitor, and has 2,535 shops in the United Kingdom, 422 shops in Ireland, 50 shops in Poland and 13,686 overall locations worldwide in 32 countries, including locations as far afield as Australia, South Africa, Morocco, Japan and China.

A proposed merger with Nisa-Today's collapsed in November 2006, after concerns about a cartel.[4] which were reported to the Office of Fair Trading by members of Nisa-Today's, who opposed the merger. These claims were eventually proved to be unfounded and no action was taken by the OFT.

Up until April 2011, Bibby Distribution was the logistical provider for Nisa-Today's and therefore also Costcutter. From April 2011, the contract was won by DHL, who now deliver to Costcutter and Nisa shops using a new fleet of NISA branded lorries.

They also broadcast a radio station for use in their shops called Costcutter In Tune Radio.

In 2014, Costcutter opened 18 shops in Jersey, Channel Islands, taking over all outlets which were owned by SPAR. As of October 2018, the Costcutter fascia is still present, but will have disappeared completely by the end of the year. 13 shops merged with local retailer SandpiperCI and are being converted one by one to their FoodHall and Checkers Xpress fascias, the first of which opened in July and the rest are being converted one by one into either Food Halls or Checkers Xpress shops like the rest of the Sandpiper non franchised shops.

Three shops did not merge with SandpiperCI due to their proximity to other SandpiperCI shops. Since the merger, the St Ouen shop has closed, and the remaining two shops in St John and Green Island are now trading as yourstore.

Notes and references

  1. ↑ "About Us!". Costcutter. 28 March 2016. Retrieved 28 March 2016.
  2. ↑ "What is Costcutter?". Retrieved 17 November 2012.
  3. ↑ "Barry's profits flat", The Daily Mail, 2 9 December 2006
  4. 1 2 3 "Nisa's chairman to step down", Yorkshire Post, 2 November 2006
  5. ↑ "Local retailers planning merger", BBC News, 10 May 2006
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