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

Bank of England

The Bank of England has indicated it may accept inflation above its 2 per cent target for a period

REUTERS

Bank of England can tolerate inflation above 2 per cent target, Bailey signals

  • The Bank of England has indicated it may accept inflation above its 2 per cent target for a period.
  • Andrew Bailey warned that acting too aggressively could create unnecessary volatility.
  • Inflation is expected to rise further as higher costs filter through the economy.

The Bank of England has signalled it is prepared to tolerate inflation above its 2 per cent target for a period, as policymakers try to balance rising prices against signs of weakness in the UK economy.

Speaking in Reykjavik, Iceland, Bank of England Governor Andrew Bailey suggested that bringing inflation back to target immediately may not be the best approach while businesses and households continue to face economic uncertainty.

Keep ReadingShow less