Additionally, the group owns a wholesale business comprising nine cash-and-carry warehouses, a food service business, and a fresh-foods division that supplies meat and poultry.

I sold shares in my video shop to invest in a greengrocer and a video wholesale business, neither of which did very well.

The switch-over saw revenues in the group's wholesale business dive by 93 million to 937 million.

However, the company said that the uptick in retail sales would be 'more than offset' by the previously announced decline in its wholesale business.

While we're busy growing our wholesale business at home, we're also receiving product requests from importers and wholesalers in foreign countries.