Food distribution consolidates further as tax rise pressures margins

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Food distribution consolidates further as tax rise pressures margins

Jan 15

Wholesalers are worried. Most already work on minuscule profit margins and they now face a new, powerful retail clientele more than capable of insisting that suppliers absorb part of the 3% consumption tax hike coming in April. The result is a rush to add scale, both in market share and logistics capability. Analysts expect a […]

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Food distribution consolidates further as tax rise pressures margins

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