All Suppliers articles – Page 5
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OpinionDavid 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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NewsWe 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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NewsA 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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NewsFever-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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NewsSale 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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OpinionDavid 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 & InsightFoodservice 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 & InsightChicken 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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OpinionDavid 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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NewsFood 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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NewsCosta 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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OpinionFive 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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NewsFood 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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OpinionMuddled 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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OpinionDavid 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
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NewsCoffee shops facing significant cost pressures on beans
Increasing cost pressures on raw materials look set to force up the price of a cup of coffee for consumers
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OpinionIs the writing on the wall for centralised supply chains?
Prestige Purchasing chairman David Read looks at the future of food and drink supply in a post pandemic and COP 26-impacted world
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OpinionDavid Read: Supply challenges will get worse before they get better
This is the time to have people with deep supply chain knowledge and insight playing on your team, believes David Read, founder and chairman of Prestige Purchasing.
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NewsGovernment revises border control timetable
The government has revised the timetable for the introduction of full import controls for goods being imported from the EU, in the wake of significant supply chain disruption following Brexit and the impact of the pandemic.