Fairway breaks £800 million milestone
Foodservice buying group celebrates 24th year of consecutive growth
Fairway Foodservice’s incredible record of achieving successive years of growth shows no sign of stopping, after the latest year-end figures showed another increase in its turnover.
The buying group has been in rude health since 1995 when it saw the first of 24 consecutive year-on-year rises in its turnover, with 2018’s figure breaking through the £800 million mark.
Fairway’s success is reflected in the growth of its 20 members, with the majority also recording upward trends in their turnover for the group to log a 12% rise from £715 million to £801.5 million.
The success comes at the end of an eventful year, which saw Fairway split from Unitas and enhance its digital marketing support for members to build a basis to grow further in the future.
“Hard work, focusing on quality products and quality service gets its reward for our members who have experienced growth of 12 per cent in a challenging environment,” said Chief Executive Chris Binge.
“Our wholesalers work very hard to meet the ever-increasing demands of caterers by delivering quality products at the right time at competitive prices.
“We constantly seek to improve and enhance our support and have recognised that integrating digital into their operations will play a crucial role in continuing to win and retain customers.
“As a buying group we have revamped our branding and website, and will soon be launching an app, all of which will benefit the members and their customers.
“In addition, we will work closely with members to help them make best use of digital including producing websites on their behalf if they require one and supporting them with digital marketing content.”annual results Chris Binge Fairway turnover Unitas