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Costcutter was founded in 1986, by Colin Graves. [4]In 2000, the brand entered the Irish market as a separate business under the ownership of Barry Group. By 2006, there were some 1,400 shops under the Costcutter brand, [4] with the majority of shops being in the United Kingdom, and 120 shops in Ireland and 52 in Poland.
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In addition to its drugstore chain Drug Fair also owned and operated Cost Cutters, a discount drug and general merchandise chain. [1] In the 2000s, Drug Fair introduced a discount card called "We Care," which was the company's slogan. The card was good at any Drug Fair or Cost Cutters store as both store's logos were printed on the cards.
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