Parfetts Cash & Carry has announced record turnover for the second year running – up 6.8% to £345 million. Like-for-like sales grew by 16% (excluding tobacco).
Joint managing director Greg Suszczenia said: “In a difficult trading environment, with so much change in the sector, this strong performance is a testament of our company strategy.
“Recruitment into our retail club schemes, further investment in our powerful promotional offer and everyday pricing, plus the basics, such as great availability across our branches for our customers, have all helped in delivering this outstanding set of numbers.”
Staff will qualify for a 4% bonus, on top of the 3% paid to them in October last year. Being a company-owned organisation, they receive their bonus as a tax-free payment.
With the recent acquisition of the former Blakemore C&C in Middlesbrough, Parfetts is now operating from seven sites.