Fresh produce sector weathers ‘tough periods’
The fresh produce industry has been going through some tough periods recently with weather conditions fuelling price hikes, according to Prestige Purchasing.
Archives for July 19, 2023
Heartbroken owner announces closure of ‘dream’ bar
Corto bar in Clitheroe, Lancashire, will close in September, leaving its co-founder “devastated” and scared for the future of the pub sector.
Customers less likely to visit pubs as fixed rate mortgages end
As more people come off fixed mortgages there is a cash squeeze on them meaning they are less likely to visit pubs, according to research from Oxford Partnership.
Sector 'not out of the woods' as inflation eases
The downturn in inflation is “positive news” for the sector but firms are not “out of the woods yet”, according to industry leaders.
‘Exceptional’ performance by Brunning & Price
The Restaurant Group (TRG), which operates the Brunning & Price pub brand, has reported an “exceptional trading performance” in the first half its 2023 financial year (FY23).
Over 170 pubs join legal claim against energy giants
Pubs may have overpaid by more than £1,000 per year on energy costs, a law firm has revealed as it plans to help businesses recover "secret commissions" paid to brokers by energy companies.
Business confidence hit by food cost concerns
Half of senior-level operators have expressed concern over the sector’s post-pandemic recovery due to rising food and drink prices, new data from CGA by NIQ and Fourth has revealed.
‘Hospitality firms sit at centre of sustainability challenge’
A number of voices from the sector have come together to share the benefits of aiming to reduce their carbon emissions as part of a recent report.