All Cost of living crisis articles – Page 16
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NewsKing recognises grocery sector in birthday honours list
Ocado Retail’s CEO and Holland & Barrett’s CFO are among those recognised on the King’s birthday honours list
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NewsMore than 90,000 retail jobs lost last year amid ‘rising tide’ of employment costs
ONS figures show 360,000 roles have been lost from the retail sector over the past decade, warned the BRC
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NewsSurplus food: £13.6m awarded to divert farm waste to food banks – but £1.2m withheld
The fund was drawn up to fund the redistribution of ‘healthy and nutritious’ food from farmgate to homeless shelters, food banks and charities
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NewsRetail bosses call for steel industry-style intervention to tackle jobs crisis
The BRC said ministers had been hammering its sector with an avalanche of extra costs
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NewsCost price increase requests being rejected by supermarkets
A poll of more than 50 food and drink suppliers shows more than 90% have looked to pass on increased costs averaging 1-6% this year
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NewsBooths rues ‘significantly increased costs’ for latest store closure
The closure would leave the family-owned grocer with 25 stores, in Yorkshire, Cheshire, Cumbria and its Lancashire heartland.
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Comment & OpinionInflation’s return is good news for discounters and own label
The start of the new financial year has brought an immediate uptick in inflation, with prices rising 4.1% last month
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NewsAllan Leighton vows Asda won’t accept cost price increases
Asda’s executive chairman said its turnaround strategy has begun to carve out a price gap with its full-range rivals
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NewsMorrisons hits three million surplus food bags saved with Too Good To Go
Morrisons was the first supermarket in the UK to partner with the Too Good To Go app in November 2019
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NewsFood poverty: supermarkets and manufacturers set new target to provide 30 million meals
A food industry coalition has announced an ambitious new target to provide 30 million meals a year by 2028
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NewsFood companies scaling back growth plans as costs rise by up to 10%
Food and drink business have been massively scaling back growth plans as confidence remains at rock bottom, a new survey by the FDF reveals
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NewsInflation makes a comeback as beef leads price hikes
Beef prices have increased by 8.2% on average in the mults over the past two months
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NewsIceland abandons cage-free egg commitment, citing cost of living crisis
Iceland’s scrapping of its commitment has been criticised by animal charity The Humane League
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NewsIceland to give students 10% off every Wednesday during exams
The new discount for students follows the same principle as Iceland’s over-60s discount
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Comment & OpinionBudget pressures are here. Food needs a long-term strategy
Short-term fixes like workforce reductions are already underway, says James Walton, chief economist at IGD
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NewsGroceryAid invites food workers to ‘give back’ through its first ever raffle
Tickets cost £1.50, with funds being donated towards the charity’s ongoing programme of support for food and drink industry workers
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Comment & OpinionTrump tariffs have demolished visibility for fmcg CEOs
Consumers are reading headlines every day on another bout of massive inflation, says Warren Ackerman, head of European consumer staples research at Barclays
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Comment & OpinionRedistribution is just one part of the food waste puzzle
There are powerful opportunities for supermarkets to help cut waste and emissions at every stage of the food value chain, says Chloe St George, senior communications and research analyst at the Carbon Trust
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NewsCity snapshot: retailers fear Trump tariffs will hit high street footfall
Business and shopper confidence remains low with inflation and unemployment both on the rise
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Comment & OpinionEven a second cost of living crisis can’t help Asda now
Allan Leighton’s price strategy is a desperate dice-roll and I believe it has no chance of working, says David Sables, CEO of Sentinel Management Consultants