All Suppliers articles – Page 3
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News
UK’s last fertiliser plant to pause CO2 production
CF Industries has announced its Billingham plant will temporarily stop producing ammonia, risking a CO2 shortage for the food and drink industry
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News
Restaurant businesses form buying group
MeatLiquor and The Real Greek are among several operators that have formed an unofficial buying group in order to tackle to the rising price of ingredients such as chicken.
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Analysis & Insight
Kentucky Fried Crisis: How surging chicken costs hit Nando’s and KFC
The rising cost of chicken is turning customers away, while farmers are leaving their sheds empty, The Sunday Times reports
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News
KFC warns of further chicken shortages
The fast food chain has been forced to pause its WOW Tuesday offer due to shortages of chicken on the bone, with beans and Pepsi Max cans also in short supply, it has been reported.
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Opinion
David Read: Caught flat-footed
Purchasing and supply, under-resourced as it has been in our sector for years, is now all too frequently out of its depth, David Read, founder & chairman of Prestige Purchasing believes
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News
We should worry about price of food more than petrol, warns BlackRock founder
The destruction of arable land during the Ukraine war has dangerous global consequences, The FT has reported
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News
A million UK chickens ‘die needlessly each week to keep prices low’
Fast-growing breeds are dying before they reach ‘slaughter age’, new research reveals, The Guardian reports
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News
Fever-Tree boss bolsters shares
Tim Warrillow, the chief executive of Fever-Tree, has spent more than £1 million on shares after a stinging profit warning, The Sunday Times has reported
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News
Sale of low/no drinks double
Consumers in the UK bought £362m of low and no alcoholic beers in 2021, up from £191m in 2016, according to research group IWSR
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Opinion
David Read: ‘Be ruthless with dishes that are vulnerable on price’
Managing food and drink inflation is all about data, insight and supplier relationships, according to the chairman of Prestige Purchasing
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Analysis & Insight
Foodservice price inflation hits 13.6%
Oil & fats showed the highest levels of year–on-year inflation in March 2022 – up more than 50% – according to the latest CGA Prestige Foodservice Price Index
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Analysis & Insight
Chicken could match beef on price
The cost of chicken feed has risen by 50%, with Nando’s responding by increasing its menu prices by up to 8% on some dishes
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Opinion
David Read: ‘What goes up may not come down’
A fundamental shift in the cost of the food we eat could be on the cards, warns David Read, founder and chairman at Prestige Purchasing – and operators will need to be creative if they are to survive
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News
Food inflation at highest level in decade
Grocery inflation reached 5.2% last month – the biggest increase since April 2012, according to figures by Kantar, putting extra pressure on consumer spending
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News
Costa Coffee makes 2040 net zero carbon pledge
As well as reaching net zero within the next 18 years, the coffee chain has also pledged to halve the coffee emissions it produces per coffee by 2030
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Opinion
Five new things to consider when menu planning in 2022
David Read, founder & chairman of Prestige Purchasing sets out how inflation will impact menu design in the year ahead
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News
Food inflation reaches 3.5%
Year-on-year inflation in the foodservice sector reached 3.5% in December 2021, with further rises expected to come, according to the latest CGA Prestige Foodservice Price Index.
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Opinion
‘Inflation is flying – it’s time to up menu prices’
Leaving prices in an attempt to maintain demand in the short term will leave a permanent hole in margin when inflation drops back, says David Read, founder and chairman, Prestige Purchasing
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Opinion
Muddled thinking on food trade
The government is guilty of disjointed thinking on its food strategy, Prestige Purchasing chairman David Read suggests
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Opinion
David Read: 'Enforced absences will pose greatest challenge'
Enforced absences due to self-isolation will create the greatest challenges over the next eight weeks, according to David Read, founder and chairman of Prestige Purchasing