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Bestway Wholesale also acquired Bashin Cash & Carry in 1984, Crown Crest Limited in 1987 and Link Cash & Carry in 1988. [1] Batleys Cardiff (2010) Batleys Cash & Carry Medway (2013) Batleys Wholesale Leeds (2017) In January 2005 Bestway Group Chief Executive Zameer Choudrey CBE led the acquisition of Batleys plc for £100 million. [2]
The business has now been taken over by his only child, Rita Firth. Helped by her husband, Bruce Firth, they have sold Batley's Cash and Carry and also sold L.Batley Pet Products, one of the leading pet food distributors in the UK, which the family started after Cash and Carry was sold. He died in August 2002. [1]
In 2010 it purchased the Scottish cash and carry company Bellevue and Martex. [3] [4] In July 2014 Bestway Group acquired the Co-operative Group's stores branded as The Co-operative Pharmacy, the UK's third largest pharmacy, for £620 million. They have since been re-branded as Well Pharmacy. [5]
Most shops are owned on a franchise basis and most stock is sourced through Bestway Cash & Carry. The organisation's flagship shop, a 3,000 sq ft (280m 2) outlet in London Docklands, provides a more upmarket offering to customers who work in the financial services sector at Canary Wharf. [2]
Mace is a convenience shop symbol group operating as three separate entities with different ownerships in Great Britain, the Republic of Ireland and Northern Ireland. The shops are independently owned and join the groups, paying a fee for marketing and branding support and purchasing their stock from the brand owners.
Fareham Shopping Centre is at the heart of the centre of the medium-sized Hampshire town of Fareham. [1] Built in two phases between 1975 and 1981, the centre contains many well known retailers and is quite large for a town of its size.
In 1987, Pervez established the Bestway Foundation, which allocates 2.5% of the group's profits to educational and health initiatives. [ 5 ] Bestway has since grown to a multibillion-pound enterprise, and as of 2014 [update] Bestway is the second-largest independent wholesaler in the UK. [ 9 ]
The main features of cash and carry are summarized best by the following definitions: Cash and carry is a form of trade in which goods are sold from a wholesale warehouse operated either on a self-service basis or on the basis of samples (with the customer selecting from specimen articles using a manual or computerized ordering system but not serving themselves) or a combination of the two.