All Cost of living crisis articles – Page 55
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NewsFood inflation hits highest level in 45 years
Food and non-alcoholic beverage prices rose by 16.2% in the 12 months to October, up from 14.5% in September, according to the ONS
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NewsSainsbury’s stocks imported eggs in response to shortage
The supermarket has had to broaden its supply chain following national issues with egg supply
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Comment & OpinionHow shoppers are changing habits to save money and cut food waste
It’s not just about budget for today’s shoppers – many are switching categories to help avoid waste, says Steph Cullen, head of manufacturing at IRI
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NewsSupermarkets go cold on Little Blue Fridge food waste logo
Backed by the FSA and Defra the logo was intended to save tens of millions of pounds-worth of household food going to waste every year
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NewsCo-op scraps Christmas advert to fund community-led food project instead
Society is channelling the advert funding into a wider cost of living support project for its colleagues, members, customers and communities
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NewsCity snapshot: Premier Foods grows profits and sales as shoppers stay home to cut costs
Squeezed shoppers have turned to Premier Foods’ stable of household brands as they cut down on eating out, boosting sales and profits at the supplier group. Plus, inflation hits 11.1% as food prices soar at fastest rate since 1977, Deliveroo exits Australia, McBride warns of continued cost pressures, and Eagle Eye acquires French personalised promotions firm
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NewsSoaring production costs leading growers to ‘walk away’ from sector, research finds
A study for the NFU by Promar International revealed many producers were now on a ‘knife edge’, leading to concerns over supply
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NewsFareShare strikes deal with Premier Foods amid rising food poverty concerns
The five-year deal will see Premier donate surplus food to the redistribution network
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NewsCity snapshot: Supermarket volumes set to fall this Christmas as shoppers retreat from rising prices
Shoppers will buy less and more carefully this Christmas as the rising price of groceries continues to put pressure on households, according to the latest industry research. Plus, full-year profits tumble at Imperial Brands and Wincanton posts strong first half
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Comment & OpinionTurning Asda around won’t be easy, but recent moves point to a newfound optimism
Asda has successfully focused on factors that have proven winners in the cost of living crisis: value and loyalty
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NewsMorrisons launches price cuts campaign on key Christmas lines
Morrisons is to launch a cross-media ad campaign in support of the price cuts
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NewsAsda records best results for two years as Just Essentials wins over customers
The supermarket recorded a 4.7% year-on-year increase in like-for-like sales in the third quarter of 2022, while total revenues excluding fuel were £5.2bn
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WhitepapersHow technology can drive efficiency and sustainability
Featuring insights from fmcg tech trailblazers, discover how digitalising end-to-end production can put you on a path to becoming more competitive, productive and sustainable in 2023, all while reducing costs.
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Comment & OpinionWhat is the industry going to do to tackle the availability ‘permacrisis’ that has descended?
The gaps on the shelves aren’t just physical. There’s a knowledge gap that needs to be filled
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NewsDeliveroo launches ‘Collecteroo’ food bank collection service with Trussell Trust
The Collecteroo service runs for five days in December in London, Birmingham, Manchester, Glasgow and Cardiff
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NewsCity News: M&S share renaissance falters on downgrades
A recent renaissance for Marks & Spencer shares came to an end this week as the retailer warned conditions on the high street would be even more challenging next year, with margins under pressure across the sector.
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NewsA ‘tsunami of need’: Trussell Trust calls on government to act on ‘alarming’ levels of food poverty
The group has released new figures showing 1.3 million emergency food parcels were provided by the charity’s network partners to people in need between April and September – a third more than was provided during the same period in 2021
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NewsCity snapshot: OC&C 150 illustrates pre-crisis recovery for big food businesses
The UK’s 150 biggest suppliers bounced back to the industry’s highest growth rate for three years ahead of the cost-of-living crisis earlier this year.
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NewsDealmaking activity in F&B slows to a trickle amid inflationary headwinds
M&A activity in food and drink ground to a halt in the third quarter as economic volatility decreased investor appetite in the sector.
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NewsWrap says delays to extended producer responsibility will ‘inevitably’ hold back war on plastic
A report from the Efra Committee claimed progress from supermarkets and suppliers has been hindered by ambiguous targets and a lack of transparency