All Cost of living crisis articles – Page 35
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NewsCity News: Nestlé shares sink as shoppers baulk at continued higher prices
Shares in Nestlé sank on Thursday as the world’s biggest food group revealed lower-than-expected sales growth in the first nine months of 2023.
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NewsTesco and Asda launch Christmas delivery slots ‘earlier than ever before’
Asda warned customers the slots “sell out fast at this busy time” and “once they’re gone, they’re gone”
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NewsBirds Eye back in growth as shoppers switch to frozen lines
Birds Eye has returned to sales growth as it raised prices to offset inflation and benefitted from cash-strapped shoppers switching from fresh to frozen.
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NewsFarmers campaign at supermarket distribution hubs for improved returns
New campaign group Proud to Farm blockaded six distribution centres last week
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KVI TrackerFrozen turkeys set to be even pricier for Christmas 2023
Prices are up to 20% higher than this time last year and 30% higher than two years ago
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NewsBooths reports fall in profits as inflation bites
Executive chairman Edwin Booth had previously warned that performance could slow down
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Comment & OpinionWhy we’re looking to lead a revolution in frozen food
This week’s Frozen Food Revolution campaign will seek to engage consumers, says Rupert Ashby, CEO of the British Frozen Food Federation
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NewsAvara Foods announces plans to close Gloucestershire factory
The poultry giant cited the ongoing impact of inflation in the poultry supply chain as the key driver in its move
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NewsSamworth Brothers hires new CFO to replace outgoing Steve Bailey
The food group has appointed Charles Noble as chief financial officer to take over from Steve Bailey when he retires at the end of the year
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NewsCity snapshot: Food prices fall for first time in two years
Food prices have fallen for the first time in two years in September to keep the overall UK rate of inflation steady at 6.7%. Plus, Just Eat Takeaway lifts annual profit forecasts and Cake Box issues a first-half trading update.
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Category ReportHow cakes & biscuits are getting smashed
Home-working, HFSS and cost pressures have hit sweet treats hard. So what can brands and retailers do to revive the market?
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Comment & OpinionAn open letter to the CMA: your profiteering accusations are damaging
I wish to highlight a concern about the approach taken in the report on suppliers, says David Sables, CEO of Sentinel Management Consultants
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NewsFood producers lower prices at fastest rate for three years
Prices charged by food and drink manufacturers fell at the fastest rate in more than three years in September, raising the prospect that inflation is set to ease significantly in the coming months
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NewsTesco to recruit 30,000 Christmas staff amid supermarkets worker shortages
Tesco call is focused mainly on attracting staff to work in its supermarkets and large Extra stores, with early morning, day or evening shifts
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NewsAldi makes nearly 50 products cheaper in latest round of price cuts
The list includes cheese, butter and poultry, as well a range of cleaning products and household essentials
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NewsHeinz profits increase despite Tesco dispute
Heinz has recorded bumper profits in the year it pulled products from Tesco shelves after a row over price rises.
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NewsMoy Park takes major knock to profitability as high inflation bites
The processor said cost rises continued into 2023
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NewsLabour plans HFSS crackdown as supermarket bosses back calls for mandatory health targets
Asda and Sainsbury’s both told delegates at the party’s gathering in Liverpool they would support new laws to regulate the sales of unhealthy food
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NewsAsda invests further £9m in price cuts as families feel squeeze
The supermarket said it was lowering prices by an average of 14% on many of the most popular products that customers buy each week
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Category ReportCan Tucci perk up pasta?
With Stanley Tucci waxing lyrical and low prices luring shoppers, some believe the pasta category has an opportunity to get fancier