All Suppliers articles – Page 5
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News
Hospitality facing ‘enormous challenges’ with supply chains
Hospitality businesses across the country are facing “enormous challenges” with their supply chains, Kate Nicholls, chief executive, UKHospitality has warned.
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Analysis & Insight
Supply chain fault lines
Supply chain issues are currently hitting the headlines and affecting trade at operators such as KFC and Nando’s. In addition, beer deliveries could be affected by potential strike action by draymen towards the end of August. So, what are the key issues that are causing these supply chain shortages, is the situation likely to continue and what might ultimately be the consequences?
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News
Price inflation forecast to rise as supply disruptions hit reopening
Food and drink supply markets have been hit by widespread distribution problems and a spike in demand following the reopening of hospitality, the CGA Prestige Foodservice Price Index reveals. Year-on-year food inflation stood at 1.6% in June, having levelled off at a time of year when it typically falls. The remaining months of 2021 are likely to see further increases in the level of food inflation, as sector demand returns towards pre-pandemic normality and extra supply costs and wage inflation feed into price increases.
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News
Nando’s closes restaurants due to supply issues
Nando’s has been forced to close some restaurants and reduce trading hours at others after its chicken deliveries were hit by a nationwide shortage of lorry drivers. The disruption is affecting around 50 out of its 400 restaurants. The company told MCA it would lend 70 staff “to support key suppliers and get things moving again.” Nando’s sites in Northern Ireland and the Republic of Ireland, which have a unique customs arrangement due to Brexit, have not been affected.
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Opinion
David Read: Why supply matters
David Read, founder & chairman of Prestige Purchasing discusses the current shortage of HGV drivers and the outlook for supply in our sector
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News
Chapel Down launches £6.87m fundraise
English wine producer Chapel Down is to launch a fundraising of up to £6.876m, through a combination of the placing of new ordinary shares and a crowdfunding campaign.
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Analysis & Insight
Inflation expected to increase
Inflation is beginning to return to food and non-alcoholic drinks after months of falling prices, the CGA Prestige Foodservice Price Index reveals.
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Interviews
Asahi: ‘People are being more moderate with their alcohol intake’
It’s an interesting sign of the times when the director of a major alcohol supplier talks at length about moderation.
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Opinion
David Read: The cost of food and cooking
I read this morning that sector bosses are battling staff shortages as they prepare to welcome customers back indoors next month, quoting that in London and the south east, where the shortage is most acute, the going rate for waiters has already risen from about £11 to almost £15 an hour. Some kitchen staff are commanding salaries a third higher than before Covid struck.
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Opinion
David Read: The absentee may be about to return
The cost of food and drink at the back door has changed very little for operators since as far back as early 2019. For most of us that feels like a lifetime ago.
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Opinion
David Read: Is globalisation unravelling?
A few days ago, I was in a hospitality sector zoom conference, when the keynote speaker said: “I genuinely believe we may be witnessing the beginning of the end of globalisation”.
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News
A.G. Barr revenues hit by hospitality lockdown
Soft drinks supplier A G Barr is expected to see revenues of £227m for the financial year 20/21, though sales have been disrupted by the closure of hospitality.
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News
Simon George departs Budweiser Budvar UK
Simon George is to step down as managing director of Budweiser Budvar UK after six years in the role.
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News
Pandemic takes toll on supply chain
The coronavirus pandemic has caused supply chain difficulties for more than nine in ten hospitality operators since they reopened in July, CGA and Prestige Purchasing has found.
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Analysis & Insight
Bouncing back after lockdown 2.0
Looking outside now at these dreary November days, the summer already feels like a different time.
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News
Piper sells Mindful Chef to Nestle
Piper, the backer of Flat Iron, Turtle Bay and Hickory’s, has exited its investment in recipe box and ready meal company Mindful Chef to Nestlé.
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News
Carlsberg Marston’s Brewing Company appoints senior team
Carlsberg veteran Paul Davies has been named the new chief executive of Carlsberg UK and Marston’s joint venture – Carlsberg Marston’s Brewing Company.
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News
AB InBev volumes up
AB InBev, the world’s largest brewer, has reported a surprise increase in beer sales in the third quarter, although profits dipped and its interim dividend payment was scrapped due to the coronavirus pandemic.
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News
Heineken reports modest sales growth as on-trade continues to struggle
Heineken has reported UK beer volume returned to modest growth in its third quarter as off-trade sales boosted dips in the on-trade.
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News
Just Eat cuts commission for independents
Just Eat is offering a package of discounts to independent restaurants hit by the most severe coronavirus restrictions. Operators in Northern Ireland, Wales and the central Scottish belt will get a 25% discount on commission for Just Eat’s courier service. Those regions will also pay no commission on collection orders, ...