Return on hustle? Why wholesalers need to invest in both infrastructure and relationships
One of the distinctive characteristics of produce wholesalers that I have seen since joining Top Banana after leaving a Big Four accounting firm in 2020 is the different, yet collaborative, roles we play for shippers, retailers and customers alike. We act as agents to our shippers, partners to our retailers, and suppliers to all of […]
Does the Aldi banana price rise mean we are turning corner?
For the best part of two decades, German hard discount retailer Aldi, present in thirty countries worldwide, has more or less set the benchmark price for fresh bananas in the European market. On 1st December the long-awaited ‘white smoke’ on the 2022 contract price finally appeared to have gone up after particularly protracted and controversial negotiations […]
Tesco sets an example on living wages for banana plantation workers. Who’s next?
The extent of the gap between actual wages and a living wage varies across the principal export banana producing countries, and while Tesco suppliers in Ecuador and Colombia pay very close to minimum living wage levels, there are substantial gaps on many plantations in countries like Dominican Republic, Côte d’Ivoire and the Guatemalan Pacific coast. Tesco defines […]