Bestway in new long-term forecourt partnership

Bestway Retail, part of Bestway Wholesale, has announced that it has entered into a new long-term partnership with Penny Petroleum

Furthering their work together, the new agreement accelerates Bestway Retail’s longer-term strategic plan with Penny Petroleum, the fifth largest independent petrol forecourt operator in the country.

Over the last three years the partnership has focused on optimising the offer to 11 forecourts and retail stores, to deliver strong sustainable sales growth. The new agreement sees a further 57 stores joining the Costcutter operation to accelerate the customer offer.

As part of the agreement and development plan, Penny Petroleum will be rebranding its sites to Penny on-the Move and will join the Bestway Retail National Account division, benefiting from a dedicated business support team, that will work closely with the Penny Petroleum leadership and operational network.

David Penny, Founder and Managing Director of Penny Petroleum, said: “Having reviewed our strategy for growth and the forward direction we are to take our business in to optimise the many opportunities on our forecourts, we are delighted to be entering a new phase of our trading partnership with the Bestway/Costcutter team.

“Over the last three years we have developed a great relationship and introduced an aligned way of working between our two teams, which has resulted in an excellent performance and impressive sales uplifts via presenting compelling environments and offer to meet our shoppers’ needs.

“I look forward to seeing the teams continue to work together to further develop the shopper experience within our existing forecourts and to bringing in new locations to the Penny estate.”

Retail Director for Bestway Retail, Jamie Davison (pictured above), commented: “Having known David and Vicky for many years and having admired their dynamic approach and consistent growth, we are delighted to have successfully demonstrated that we are best placed to partner with them as they embark on the next phase of their development.

“Seeing the two teams working so collaboratively has been inspiring and has undoubtedly been a key factor for us both. The Penny team are great people to work with and we are very excited about what we will achieve together.”

Bestway Retail Bestway Wholesale David Penny forecourts Jamie Davison Penny Petroleum