All Cost of living crisis articles – Page 56
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NewsIceland freezes frozen turkey prices amid Christmas shortage concerns
The supermarket is guaranteeing not to rise the price of its turkeys, which start at £10
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NewsCity snapshot: Rising costs dent M&S food profits and slowing demand pushes Ocado Retail into the red
Profits have shrunk in Marks & Spencer’s food operation and its online joint venture with Ocado fell to a loss, with the group warning that market conditions would become even more challenging next year.
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NewsHilton Food Group warns of lower profits amid slow progress passing on inflation
Shares in Hilton Food Group have slumped following another profits warning
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NewsAsda HGV drivers strike avoided after breakthrough in union talks
More than 80 outsourced HGV drivers employed by Wincanton had begun to ballot for industrial action in a dispute over pay
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NewsMorrisons ‘permanently’ cuts café prices to help cost of living
The price cuts are in all 397 Morrisons cafés nationwide from today
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Comment & OpinionHow do challenger brands overcome spiralling logistics costs?
Amid the cost of living crisis, bigger players will be able to sweep up more cash-strapped challengers says Fiona Esom of Product Chain
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NewsCity snapshot: Record high grocery inflation sends shoppers flocking to Aldi and Lidl
Grocery price inflation has hit a new record high resulting in cash-strapped households turning to the discounters and own-label ranges to manage stretched budgets, according to the latest Kantar figures. Plus, annual results from Associated British Foods, a trading update from Hilton Food Group, a Q3 update at Coca-Cola HBC, the latest monthly data on retail sales from BRC-KPMG and consumer spending from Barclaycard, and Britvic is searching for a new CFO.
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NewsScottish deposit return scheme scaled back amid concerns over costs
Industry bodies welcomed the move and are now urging ministers in the rest of the UK to follow Scotland’s example
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NewsCity snapshot: Shoppers to spend less this Christmas amid cost-of-living crisis
Consumers in the UK are planning to cut back this Christmas as a result of a double whammy of soaring prices and having less money to spend, with the discounters set to benefit from cash-strapped households, according to new research.
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NewsFrozen turkey prices soar by as much as a third due to bird flu
Exclusive analysis of Assosia data by The Grocer shows prices have rocketed in the major mults versus the same time last year
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Analysis & FeaturesDine-in deals compared: Supermarkets attempt to rival restaurants
Supermarkets are pushing an array of dine-in-for-two meal deals
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NewsSainsbury’s CEO Simon Roberts cautious over Christmas as cost of living bites into shoppers’ budgets
Roberts said he expected customers to shop early and “spread out the cost of Christmas”, as well as reduce basket spend
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NewsFood shortages ‘significant risk’ if energy bailout not extended, ministers warned
The government’s Energy Bill Relief Scheme will provide support to eligible organisations until 31 March 2023
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Comment & OpinionHow inflation is changing consumer behaviour – and what’s next
Results season has shone a light on how consumers, retailers and manufacturers are dealing with record inflation
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NewsAsda hikes price four pints of milk to £1.65
The price hike was one of a wave of increases across the mults during October
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NewsOne in 10 low-income Londoners has under £3 a day to spend on food
Four in 10 parents to children of ages 18 or under in London with an income of under £20,000 said they had skipped meals or not bought food for themselves
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NewsFSA strike action not going ahead after failing to reach legal threshold
Unison told The Grocer the FSA had fallen short of the legal threshold by just one vote during the balloting, which closed on 31 October
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NewsM&S Food extends price lock commitment until next year
The retailer is locking the prices of over 100 “customer favourites” until the end of January 2023
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NewsTesco says younger shoppers have ‘deprioritised’ health in cost of living crisis
Tesco is launching a new awareness drive ahead of World Diabetes Day on 14 November, urging customers to visit its pharmacies to use a risk tool
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NewsMorrisons removes all plastic from Christmas gift wrap and accessories
The supermarket has already removed glitter and plastic from paper wrap, crackers and cards in previous years