Most wholesalers surveyed said consolidation in the independent retail sector had hit business last year.
Opinion was split over whether the pace of consolidation within the independent retail sector would speed up or slow down in 2005.
More than half of those quizzed predicted further acquisitions in their own sector. And half said they would seek to grow partly through acquisitions in 2005.
Elsewhere, suppliers have slammed wholesalers for poor compliance in depots and failing to meet promised standards for retailers’ symbol group offerings in IGD’s Grocery Wholesaling 2005 report.
Only one in five suppliers thought wholesalers’ symbol groups delivered store disciplines to agreed standards. Almost two thirds said they did not communicate sales and promotional data effectively.
Symbol group numbers rose 7.1% in 2003 and sales grew 8.3% in 2004.