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Birmingham Post
Birmingham Post
Business
Jon Robinson

Cost-of-living crisis to halt 'extraordinary' progress at high-end supermarket chain, warns Booths boss

The "extraordinary" financial performance of high-end supermarket chain Booths will be halted by the cost-of-living crisis, its boss has warned.

Chairman and chief executive Edwin Booth said he has "no doubt" the rapid rise in inflation will hit the company's sales and profits in the 12 months to April 2023.

He added that "it will come as no surprise that there has been a reduction in volume sales" at the Lancashire-headquartered company, which can trace its roots back to 1847.

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