All Cost of living crisis articles – Page 47
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NewsMorrisons sales fall 4.2% but CEO Potts claims fightback is working
Group revenue for the year was up 2.2% from £18bn last year to £18.4bn, and Potts said sales had been on a “steadily improving trend”
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NewsAsda slashes night shifts in cost-cutting move affecting thousands
A consultation with staff began this week and Asda stressed the overall level of store hours would be unaffected, though it could not rule out redundancies
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ReportsCut-price roasts loom for this year’s Easter
Easter isn’t only for gorging on chocolate eggs, hot cross buns and the like
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News2 Sisters set to close Llangefni factory with more than 700 jobs at risk
The poultry giant said the decision to shutter the plant was a response to the ‘continuing’ cost challenges facing the sector
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NewsFareShare breaks food surplus record but still can’t meet demand
FareShare told The Grocer it had received almost 3,300 tonnes of surplus food during the month from retailers and suppliers
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NewsCity snapshot: UK retail footfall steadily improves in 2022 but remains below pre-Covid levels
Footfall across UK retail destinations remains significantly lower than before the pandemic but improved steadily throughout 2022, a new report has revealed.
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Comment & OpinionFruit & veg shortfall is the product of a vicious cycle
Depleted supply leads to more expensive produce, resulting in reduced purchases from the consumer, and so on
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NewsSysco extends partnership with food charity City Harvest
City Harvest will collect surplus food from Fresh Direct, Wild Harvest, and Brakes’ London depots several times a week
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NewsDeal values plunge as inflation and lack of debt hit M&A
Deal values in the food and drink industry slumped in 2022 as suppliers battled spiralling costs, consumers cut back on spending and private equity firms had a harder time securing debt for M&A, according to a new report.
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Comment & OpinionIs there any truth to Tesco chairman John Allan’s inflammatory inflation claims?
Are suppliers really profiteering from inflation?
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NewsApple growers stop planting as cost of production soars
The growers group carried out a survey of its members and found that 150,000 new apple and pear trees have been cancelled this season
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NewsTesco chairman faces backlash after accusing suppliers of cost of living ‘profiteering’
NFU president Minette Batters led the backlash against Allan’s remarks, saying she was “baffled”
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NewsThousands of firms to go bust without energy bailout rethink
Earlier this month the government announced a £5.5bn package of support, due to come in from April, as part of a drastic scaling back of help for companies
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NewsMorrisons launches second wave of January price cuts
The supermarket has already cut the price of 130 of its Savers products this year
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NewsDeposit return scheme delayed until October 2025 at earliest
As exclusively revealed by The Grocer earlier this week, the plans will cover cans and PET drinks containers but exclude glass
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Comment & OpinionDiageo’s Don Papa deal signals the long-overdue rum boom could finally be here
Brands like Duppy Share, Libations and Tidal have also achieved success in attracting investment
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NewsCo-op to give community groups £500 to help provide warm spaces this winter
The group is extending the support provided under its ’warm spaces’ fund
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NewsFour pints of milk reaches all time high price point
A fresh wave of milk price increases has been implemented in the mults, with some products now more than 70% pricier than a year ago
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NewsTesco launches Spotify-style Unpacked tool for Clubcard holders
Clubcard Unpacked 2022 comes with Tesco recording a massive 20% increase in loyalty members in the past year
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NewsNot enough fruit and veg in UK to meet 5 a day target, says new research
The research from the group found the total UK supply of fruit and vegetables before food waste amounted to 367g per day compared to the 400g intake recommendation