Supplier News – Page 6
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Restaurants set to be hit by supplier strike action
Businesses including Wagamama, PizzaExpress and KFC are facing the possibility of “severe disruption” to their supply chain after GMB launched a strike vote at Best Food Logistics.
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Fuller’s sees ‘significant increase’ in energy bills
The pub company expects its total gas and electricity costs in the current year to be around £18m against a prior year figure of £8m
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Brewers face tenfold rise in CO₂ costs
Robinsons was warned the unexpected price hikes risk pricing the beer brewer out of the market
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Heineken buys remaining shares in Beavertown
As part of the agreement, founder Logan Plant will step down as CEO and take on a new advisory role, with Jochen Van Esch becoming managing director
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Vegan meat producer raises £62m investment
Swiss-based Planted is being backed by L Catterton, the private equity division of LVMH, known for Louis Vuitton, Moët, Hennessy and Dior.
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Food price rises result of a ‘broken’ system
The pandemic, war, and climate crisis compounded a global food system that was already causing widespread food insecurity, the Guardian reports
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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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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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Too late to fix? Firms face October cliff edge for energy bills
Many firms have been unable to secure new fixed-term offers on energy, The Sunday Times reports
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Mexico’s president proposes ban on beer brewing as drought intensifies
López Obrador takes aim at industry using dwindling water resources while local people suffer, the Financial Times reports
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Lion sells craft beer cos to Faucet founder
Faucet Inn founder Stephen Cox has acquired craft beer brands Fourpure and Magic Rock from Australian brewery group Lion
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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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How the great British sandwich trade was derailed by Brexit, Covid and inflation
An industry that became a symbol of the changes in the economy over four decades now faces a perfect storm of problems, the Financial Times reports
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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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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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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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Punch brings Ukrainian beer Chernigivske to UK
Part of the pub company’s support of humanitarian relief efforts in Ukraine, proceeds made on the sale of the beer will be donated to the Sanctuary Foundation (Dr Krish Kandiah)
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CGA acquired by NielsenIQ
The acquisition builds on NielsenIQ’s 2009 investment in CGA and aims to deliver “the most innovative and granular” alcoholic beverage measurement and insights solution
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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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No diners will shell out £30 for a scallop
The chef Tom Brown has taken scallops off the menu because of rocketing costs, The Sunday Times reports