Wholesale buying group Fairway Foodservice’s members have increased their collective turnover, generating £650.5m for the year-end 2016.
The Huddersfield-based group’s members, who access a number of cost-cutting benefits through membership with Fairway Foodservice, increased their turnover from £626m for 2016.
Fairway is made up of 19 independent wholesalers from across the UK, Ireland and Spain. It recently concluded a record-breaking £900,000 worth of deals at its bi-annual Meet the Member event (pictured above), with the buying group enjoying a strong start over the first six months of 2017.
CEO Chris Binge said: “The increase to £650.5m collective turnover is a fantastic achievement for our members, and I’m thrilled for them.
“They are being rewarded for their hard work and focus on improving and maintaining high levels of service. We have experienced growth on the group’s collective turnover for several years and there are no signs that trend will reverse.
“It’s been a particularly challenging 12 months for our members, notably with driver recruitment and implementing in-house driver training schemes, as well as diesel fuel cost increases and food commodity price increases. However, it’s testament to our members’ dedication and expertise in the foodservice industry that it has not slowed overall growth.
“Our members work really hard to deliver a great service to customers and our ‘umbrella’ of buying, marketing and technical services helps their businesses grow profitably.”