The Italian restaurant chain Carluccio’s and rent-to-own retailer BrightHouse both collapsed into administration on Monday, putting about 4,400 jobs at risk, in the first sign of the government’s coronavirus lockdown biting the high street.
Read the full article on The Guardian website
NAM Implications:
- Merely the inevitable first of many.
- Suppliers need to conduct radical ‘what ifs’ re their foodservice business.
- Say 25% to 50% reduction and explore the resulting options…
- …in terms of the new ‘norm’…
