JW Filshill plans 200 KeyStore shops

Scottish wholesaler JW Filshill saw turnover increase by 23% year on year, with the boost attributed to its convenience business.

In its annual results for the year ending 31 January, 2021, the firm’s turnover grew annually from £155m to £191m. It also recorded 8.08% gross profit, down from 8.4% the previous year.

JW Filshill reveals plans for 200 KeyStore shops

Filshill chief financial and operating officer Keith Geddes said: “Despite increased operating costs, the change in consumer behaviours resulted in an increase in demand for convenience retail which helped offset these costs and generated funds to invest in the growth and future of the business.”

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