We are urging foodservice wholesalers who are looking to sell, to get in touch as we gear up to supply more UK caterers.
Following the announcement of our depot hunt last month, we are now on the lookout for acquisitions as the food and drink wholesale industry faces a period of further consolidation caused by the hard-hitting impact of Brexit.
Investing in ETA technology to improve service has been one of many drivers of growth
Brexit will have a huge impact on wholesale, with food prices expected to increase by as much as 16%, according to the FWD’s Future of UK Wholesale Report.
Chief Finance Officer for JJ Foodservice, Edward Lanham, said, “Competition is fiercer than ever before and our industry will experience a tightening squeeze on margins.
“Naturally, not everyone can come out the other side. We are interested in acquisitions that will ensure that UK restaurants and caterers continue getting the products and reliable service that they need.”
JJ Foodservice has reported that sales for the month of January 2020 are up 16% compared with sales for the same period the previous year.
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up 16% in January 2020","slug":"sales-up-16-in-january-2020","content":"\u003Cdiv class=\"BlogPagestyle__MainTitle-sc-p8c0ar-5 bfXaHl\"\u003ESales up 16% in January 2020\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogPagestyle__PostBar-sc-p8c0ar-11 dKTAOx\"\u003EUpdated: 26 February, 2024\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 bBQMzu\"\u003E\u003Cspan style=\"font-weight:700\" class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 dtRnVP\"\u003EWe are urging foodservice wholesalers who are looking to sell, to get in touch as we gear up to supply more UK caterers. \u003C\u002Fspan\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003E \u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 bBQMzu\"\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003EFollowing the announcement of our depot hunt last month, we are now on the lookout for acquisitions as the food and drink wholesale industry faces a period of \u003C\u002Fspan\u003E\u003Cspan style=\"font-weight:700\" class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 dtRnVP\"\u003Efurther consolidation\u003C\u002Fspan\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003E caused by the hard-hitting impact of Brexit. \u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogNodestyle__BlogImageWrapper-sc-16ju1i0-6 iIsBHP\"\u003E\u003Cimg height=\"683px\" width=\"1024px\" src=\"\u002Fuploads\u002F85a259_d50b140a8b1141958efa6dbb4cedf8ae_mv2_8721950997.jpg\" alt=\"\" class=\"BlogNodestyle__BlogImageBlock-sc-16ju1i0-7 bDcosn\"\u003E\u003C\u002Fdiv\u003E\u003Cdiv style=\"text-align:CENTER\" class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 fBSJmF\"\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003EInvesting in ETA technology to improve service has been one of many drivers of growth\u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv style=\"text-align:CENTER\" class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 fBSJmF\"\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003E \u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 bBQMzu\"\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003EBrexit will have a huge impact on wholesale, with \u003C\u002Fspan\u003E\u003Cspan style=\"font-weight:700\" class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 dtRnVP\"\u003Efood prices expected to increase\u003C\u002Fspan\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003E by as much as 16%, according to the \u003C\u002Fspan\u003E\u003Ca href=\"https:\u002F\u002Fwww.fwd.co.uk\u002Fwp-content\u002Fuploads\u002F2019\u002F06\u002FFWD-Future-of-UK-Wholesaling_FINAL.pdf\" target=\"_BLANK\" class=\"BlogNodestyle__BlogLink-sc-16ju1i0-2 cpmxvJ\"\u003EFWD’s Future of UK Wholesale Report.\u003C\u002Fa\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003E \u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 bBQMzu\"\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003EChief Finance Officer for JJ Foodservice, Edward Lanham, said, “Competition is fiercer than ever before and our industry will experience a tightening squeeze on margins. \u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 bBQMzu\"\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003E“Naturally, not everyone can come out the other side. We are interested in acquisitions that will ensure that UK restaurants and caterers continue getting the \u003C\u002Fspan\u003E\u003Cspan style=\"font-weight:700\" class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 dtRnVP\"\u003Eproducts and reliable service \u003C\u002Fspan\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003Ethat they need.” \u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 bBQMzu\"\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003EJJ Foodservice has reported that sales for the month of January 2020 are up 16% compared with sales for the same period the previous year. \u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 bBQMzu\"\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003EEnds \u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv class=\"BlogNodestyle__ParagraphWrapper-sc-16ju1i0-1 bBQMzu\"\u003E\u003Cspan class=\"BlogNodestyle__BlogText-sc-16ju1i0-0 hqQYVH\"\u003E#Financialresults #margins #ETA #Brexit #EddieLanham #sales #acquisitions\u003C\u002Fspan\u003E\u003C\u002Fdiv\u003E\u003Cdiv data-rw=\"empty-node\" class=\"BlogNodestyle__LineBreak-sc-16ju1i0-14 klJnzw\"\u003E\u003C\u002Fdiv\u003E","isFeatured":false,"publishedAt":"2024-05-07T11:19:00.909Z","excerpt":null,"commentsEnabled":null,"wixCreatedAt":"2020-02-13T11:27:32.000Z","wixUpdatedAt":"2024-02-26T09:52:55.321Z","categories":{"data":[{"id":142,"attributes":{"createdAt":"2024-05-07T14:35:52.968Z","updatedAt":"2024-05-07T14:44:45.818Z","name":"Company 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