Convenience store sector "will consolidate"

15 August, 2013

The man who led Costcutter’s takeover of the Rhythm & Booze off-licence chain is predicting more consolidation in the convenience retailing sector.

Nick Ivel, Costcutter chief executive and a director of parent company Bibby Retail Services when it bought R&B from its administrator in March last year, has been hired by accountancy firm KPMG to advise clients on their convenience store strategy.

Ivel, who left Costcutter six months after the acquisition, said: “This is an exciting and changing sector with a lot of consolidation still to happen.

"Costcutter’s recently-announced joint venture with Palmer & Harvey is simply the tip of the iceberg and I expect to see many other players considering a simi- lar strategy.”




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Rosé tinted glasses

I was asked recently what I thought the biggest change had been in wine fashion in the past five years. My answer was unequivocal: sales of pink wines. From being a niche that expanded and contracted with the sunshine, rosé has subtly but steadily become a stalwart of many merchants’ ranges, with Provence firmly at the top and asked for by name.

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