Archive of all Palmer & Harvey articles – Page 6
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News
P&H ‘stronger’ despite a slight drop in profits
Palmer & Harvey has declared itself a "stronger and leaner business" despite posting a small drop in full-year profits.Pre-exceptional EBITDA fell 5.2% to £40.2m in the year to 3 April, the UK's biggest wholesaler said, while...
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NewsP&H boss Etherington next in The Grocer's hot seat
Next week Palmer & Harvey chief executive Chris Etherington is joining The Grocer team as guest editor, following the likes of Asda president Andy Bond and Unilever’s Dave Lewis.
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NewsHot Topic: A P&H-Makro merger would make sense
A merger would make sense. P&H and Makro have a lot to offer each other and would move the enlarged company into new areas
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NewsP&H and Makro cosy up to create PalMak
The OFT has given the green light to a buying alliance between wholesalers Palmer & Harvey and Makro this week but wholesalers warn it could lead to closer scrutiny of other buying groups in the future.
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NewsPalmer & Harvey poised for fourth round of redundancies
Palmer & Harvey is poised to make a fourth major round of job cuts in less than two years, The Grocer can reveal.
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News
P&H offers customers online ordering service
Palmer & Harvey is set to offer independent retailers 24-hour ordering with the launch this month of a new transactional website.The new site, which will replace the limited online service P&H currently operates, is accessed via...
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News
P&H increases tobacco sales by 5.7% to £3.2bn
Palmer & Harvey's sales increased 5% to £4.23bn in the year to April, with tobacco sales up 5.7% to £3.2bn.However the wholesaler said it made just £500,000 pre-tax profits in the same period, leaving it with a margin of 0.01%.
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News
P&H loses One Stop but the gains make up for it
Palmer & Harvey has lost its £25m contract to supply chilled goods to Tesco's One Stop c-stores but has made up for the loss with new business from Little Chef and Blockbuster.P&H won the contract to supply medium and long-life...
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News
P&H overhauls pricing to enable comparisons
A new pricing structure from Palmer & Harvey will make it easier for retailers to judge its competitiveness against rivals.
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NewsP&H to give Mace its second relaunch in two-year period
Palmer & Harvey, the UK's biggest wholesaler, is following in Booker's footsteps by relaunching its symbol fascia Mace. The wholesaler planned to unveil a "fresh, modern identity" for the currently silver and blue fascia at its trade show...
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News
P&H management buyout ups debt by £434m to £1.1bn
Palmer & Harvey's debts have soared by £434m following its management buy-out, accounts leaked to The Grocer have revealed.The wholesaler's bank loans and overdrafts increased by £270m and it raised a further £142m in preference shares,...
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News
P&H closes down its Winerite depot
Palmer & Harvey McLane, the UK’s biggest wholesaler, is to close its alcohol distribution company Winerite. The business, which operates out of a single depot in Leeds, will close towards the end of next month, affecting 70 jobs. The closure was...
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News
P&H and Booker rush to snap up Key Lekkerland’s accounts
Palmer & Harvey McLane and Booker have divided the spoils of Key Lekkerland as the buying group prepares to be wound down at the end of the month. The two rival wholesaling giants have each picked up nine of Key Lekkerland’s national accounts,...
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News
One Stop deal as P&H boosts chilled ranges
Palmer & Harvey McLane, the UK's biggest wholesaler, has won a contract to supply Tesco's c-store business One Stop with chilled lines, The Grocer can reveal.The move marks a major expansion of P&H's chilled offer in the week it also...
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News
P&H to unveil initiatives at trade show
Palmer & Harvey McLane, the UK's biggest wholesaler, has three launches planned for its Pro Retail trade show next week. Its direct-to-store scheme, Ace, will be relaunched as Plus Extra, a free scheme that will provide low,...
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News
P&H MBO completed
Palmer & Harvey McLane, the UK's biggest wholesaler, has completed its £330m management buyout. The MBO, first announced in February, was lead by P&H CEO Chris Etherington and will offer management and employees 50% of shares in the new holding...
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News
Doubts over future of Key Lekkerland group
Doubts over the future of buying group Key Lekkerland have surfaced following Palmer & Harvey McLane's purchase of member WH & HM Young, a Leeds-based wholesaler.The acquisition leaves Key Lekkerland, which supplies independent stores...
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News
Is P&H up for sale? 'Possible' MBO 'may flush out bidders'
News of a potential management buyout at Palmer & Harvey McLane has led to rumours that the wholesaler could be up for sale. P&H said this week it was in talks that could lead to a "possible" MBO. However, according to an industry source,...
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News
P&H acquires WH & HM Young
Palmer & Harvey McLane, the UK's biggest wholesaler, has acquired Leeds-based wholesaler WH & HM Young for an undisclosed sum.WH & HM Young is a member of buying group Key Lekkerland and is the second Key Lekkerland member to be snapped up...
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News
P&H takes a fresh approach
No-one knows better than Chris Etherington how tough life is at the top. Palmer & Harvey McLane may once again have topped off The Grocer's Big 30 annual league table, but its position has looked far from comfortable with a resurgent Booker...