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Bestway Retail has announced the removal of the fuel levy charge (previously at £3.66 per delivery) for all mainland Costcutter stores for deliveries made on, or after, 1 January 2025.

In addition to lifting the charge, Bestway has also led the market in announcing an investment of more than £2.5m to reduce the cost price of more than 11,000 branded products across all categories.

The company says this move has two core objectives. It is designed to help the retailers drive footfall and customer loyalty by focusing on best-selling products, ensuring the prices are competitive against the large multiple convenience operators, and will continue to encourage shoppers to buy locally in a very competitive market.

Managing director Dawood Pervez (above) has reinforced that the above investment is all about supporting retailers: “After Brexit came Covid, and now we have increases to national insurance and national living wage thresholds coming into play. There’s no question this will impact on retailers at a point when it’s clear that consumers will have less money in their pockets due to continuing inflation and slower than anticipated reductions in interest rates.

But it doesn’t end there, Pervez believes. “Our vision for 2025 is to continue to co-invest in retailers’ businesses via refits and store modernisation plans. We’re also embracing the New Year with fresh investment in a wider sense to support growth both for our retailers and our own business. We’re 100% committed to our loyal retailers’ success and believe that ‘together we are stronger’ if we face the challenges the industry is experiencing with a shared approach.”

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