Costcutter deal wins go-ahead

Costcutter deal wins go-ahead

THE transfer of 800 Mace, Your Store and Supershop stores from Palmer and Harvey into Costcutter Supermarkets Group – announced in March, when the companies revealed their new buying and distribution arrangements – has been cleared by the OFT.

Darcy Willson-Rymer, CEO of Costcutter Supermarkets Group, said: “This is great news for Costcutter Supermarkets Group and all our member retailers.
“We will now press ahead at pace.
“This decision also enables us to finalise arrangements regarding our new buy-and-supply system which will be implemented across Costcutter Supermarkets Group in mid-2014.”