All Cost of living crisis articles – Page 19
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NewsTurkey sales bounce back in bumper Christmas for protein
A record £13.7bn was spent on protein at Christmas, despite cost of living challenges, up 11.6% on 2022 levels
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NewsInnocent losses soar as £200m factory needs more investment
Revenues declined by £15.6m – a 3.5% fall year on year – to £426.2m in the 12 months ended 31 December 2022, according to newly filed accounts
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Comment & OpinionFood redistribution needs collaboration, not rivalry
We should combine our resources and individual strengths to create a step change in the amount of food that gets redistributed, says Fareshare CEO George Wright
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NewsCity snapshot: Cigarettes and alcohol behind surprise jump in inflation
Rising alcohol and tobacco prices have contributed to an unexpected increase in the annual rate of inflation in December. Plus, Hotel Chocolat shareholders vote on Mars deal, Just Eat Takeaway and Wincanton issue trading updates and Gusbourne appoints a new boss
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NewsAldi cutting price of 40 popular lines by up to 17%
‘This latest round of price cuts will help our shoppers make significant savings on their weekly food shop,’ said Aldi UK buying MD Julie Ashfield
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Category ReportReady meals & soups trends 2024: Taking on the restaurants
Contrary to current grocery trends, brands are beating own label in ready meals and soups thanks to lines that rival dining out
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NewsAsda denies four-day week plans are result of management turnover crisis
Asda said its trial was part of an increasing trend for retailers to look at more flexible patterns of work
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Analysis & FeaturesWhich grocery players hit the stock market jackpot in 2023?
In 2023, crises from Ukraine to the Middle East, plus the ongoing cost of living crisis, battered stocks. Who coped best and what will 2024 bring?
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Analysis & FeaturesWill Asda’s discounter price matching scheme pay off?
Asda is the first supermarket to match both Aldi and Lidl
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Comment & OpinionWhy BrewDog’s living wage blunder will only come back to bite it
Bar staff are the beating heart of any hospitality business. BrewDog can do better
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NewsMüller UK&I sinks to £6m loss in 2022 as inflationary pressures bite
A £25.8m operating profit in 2021 swung to a £5.9m operating loss in the year to 31 December 2022, its latests accounts have shown
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NewsFareShare boss calls for greater co-operation among charities in fight against hunger
Former Marks & Spencer director of food and ex-Tesco veteran George Wright said he already begun talks with fellow food redistribution charities
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Comment & OpinionAldi and Lidl under siege? Inside Asda’s audacious price match scheme
Asda was so serious about being the cheapest that the deal applied if it wasn’t at least 10% cheaper
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NewsTesco launches new year price cuts across 150 food staples
The move comes following Tesco’s announcement yesterday that it is allowing customers to earn double Clubcard points when they shop for the next seven weeks
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NewsSpar launches £1.25 value promotion on staple goods
The new year campaign is being highlighted to shoppers with in-store PoS and Spar radio
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NewsJames Convenience Retail boosts PMP offer in cost of living strategy
With each store now holding a minimum of 50 PMP lines, the initiative has so far pushed crisps and snacks sales up by 30%, while confectionery sales have risen by 16%
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Comment & OpinionWhy we must get the right margin on PMPs
The amount of trust embedded within PMPs cannot be overstated, says Unitas Wholesale MD John Kinney
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NewsTesco launches biggest double Clubcard points promotion in a decade
The move will allow customers to double the value of rewards with more than 100 Clubcard partners
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News120,000 retail jobs lost and 10,000 shops closed in 2023
Most of the closures resulted from company restructures and cost-cutting programmes, according to the Centre for Retail Research
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Comment & OpinionHow slowing inflation will shape growth tactics in 2024
Our expectation is that volume growth will be the primary focus, says Alex Lawrence, senior strategic insight director at Circana