Bestway Wholesale has reported a £220m increase in revenues for 2021.
The 10% jump was driven by Bestway’s focus to ensure operations were “as smooth as possible” while “responding fast to changing customer behaviours”.
The retailer also saw an operating pre-tax profit of £37.2m during 2021, having also completed the acquisition of Costcutter in February 2021.
“Aside from Covid-19, market conditions in the wholesale sector remained challenging, with supply chain issues, staff availability and inflationary pressures,” Dawood Pervez (pictured), Managing Director for Bestway Wholesale, said.
“We have also had to absorb the continued impact from the National Living Wage increases, as well as additional costs and the uncertainty surrounding Brexit.
“Despite these challenges, we remained committed to our strategic plans of offering improved service and convenience to customers and we continued to improve and manage availability of products during this period which resulted in a positive impact on sales.”