Costcutter cuts costs for retailers with new supplier partnerships

The Costcutter Supermarkets Group has negotiated “preferential rates” across a range of key retail services in order to cut costs for its retailers.

The company’s new business services programme features preferred suppliers in key sectors such as HR, banking, e-learning, telecoms, insurance, utilities and financing.

Company director Sean Russell said retailers face “unprecedented challenges” such as wage increases, pension auto-enrolment and the need to increase sales. After outlining these issues he adds: “That’s why, in addition to our extensive sales, marketing and communications support for retailers, we’ve used our group scale to give our retailers access to preferential rates for essential business services.”

However, it is Costcutter’s existing preferred supplier, P&H that is giving Costcutter group members headaches, with many retailers still reporting repeated stock shortages. This was outlined in retailer responses to the rumoured acquisition of Costcutter group.

Information about the new preferred suppliers can be found on the company’s information portal – ActivHub.