As energy costs continue to soar, FWD Chief Executive James Bielby explains why more sustainable options are suddenly becoming a lot more attractive for wholesalers.
Read the full article on the FWD website
NAM Implications:
- Wholesalers spending ‘4% of turnover on heating, lighting and refrigeration’ says it all…
- Wholesalers will either:
- Make internal efficiencies (but in a business model already squeezed dry…)
- Reduce cost prices (tell me about it)
- Increase prices
- And therein lies the high inflation problem.
- Suppliers have to support their wholesale channel or contemplate going direct…
- Your call…