Bestway Retail, the retail arm of the wholesale giant including Bargain Booze, Select Convenience, Central Convenience and Wine Rack More, has outlined its new agreements to franchisees in a series of regional meetings.
Bestway Retail MD David Robinson and the team discussed three key areas with their franchisees to reassure them that the company is committed to helping them deliver greater sales and profitability and be much more than simply a sign above the door. The first area, ‘Even easier to do business with’ sees franchisees benefit from simplified paperwork, less retro payments, sale or return and the ability to source up to 10% of goods from outside the company.
The second area, ‘Even better customer offer’ means franchisees now have access to a more comprehensive range of products. This includes greater accessibility to fresh, chilled and frozen, the best-one own label range and a greater range of core grocery products.
The third area is ‘Even more profitable and rewarding.’ The increase in products within the customer offer ensures franchisees can get into more margin enhancing categories, in addition to benefitting from the wholesale pricing through Bestway Wholesale’s scale and purchasing capabilities. Terms have also been reviewed to increase cash flow with all franchisees receiving 21 days credit on purchases as well as a rebate scheme allowing them the opportunity to earn up to 4% rebate on their wholesale spend through the group.