Skip to content
Search

Latest Stories

Bestway backs independent retailers with £10 million price drop

The price cuts, which are not part of any promotion, will take immediate effect and are aimed at supporting independent retailers across the UK.

Bestway-retailers

The company said the move comes during its 50th anniversary year and is intended to help retailers manage cost pressures and improve margins.

getty images

BESTWAY WHOLESALE has announced a £10 million investment to reduce prices on more than 2,000 core lines.

The price cuts, which are not part of any promotion, will take immediate effect and are aimed at supporting independent retailers across the UK.


The company said the move comes during its 50th anniversary year and is intended to help retailers manage cost pressures and improve margins.

Dawood Pervez, managing director at Bestway Wholesale, said: “We know our customers are under pressure – and we’re taking decisive, long-term action. This isn’t a one-off deal. It’s a real investment in the day-to-day success of the independent retail sector. By lowering our core prices, we’re helping retailers strengthen their margins and stay competitive where it really matters.”

The £10 million investment will cover all categories, focusing on everyday essentials. Bestway said the changes will be communicated through depot signage, digital platforms, newsletters, and leaflets.

Pervez added: “At Bestway, our success is built on our customers’ success. This investment shows we’re listening… we’re acting … and we’re standing shoulder to shoulder with independents across the country.”

More For You

IMF

IMF cuts global growth outlook as oil shock from Middle East war raises recession risks

REUTERS

IMF cuts global growth outlook as oil shock from Middle East war raises recession risks

  • IMF lowers global growth forecast to 3.1 per cent from 3.3 per cent.
  • Severe scenario could see growth fall below 2 per cent, near recession levels.
  • Oil shock and supply disruption driving inflation and economic uncertainty.

The International Monetary Fund has lowered its global growth forecast, warning that the ongoing conflict in the Middle East and the resulting oil shock could push the world economy closer to a downturn if disruptions continue.

In its latest World Economic Outlook, the IMF now expects global GDP to grow by 3.1 per cent this year, down from its earlier estimate of 3.3 per cent. The revision reflects rising energy prices and uncertainty following the US-Israeli attack on Iran that began on February 28.

Keep ReadingShow less