All Cost of living crisis articles – Page 59
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NewsCity snapshot: Food prices hit 42-year high as inflation soars
Food and drink prices have soared to their highest levels in more than 40 years, pushing UK inflation back to highs seen over the summer, according to the latest figures. Plus, rising food prices help Nestlé increase organic sales in Q3, Just Eat Takeaway returns to profitability sooner than expected, and hedge fund Third Point reveals new position in Colgate-Palmolive and pushes for sale of its petcare business
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NewsJJ Foodservice donates over 200 ‘Helping Hand Packs’ to support local families
The bags, which will be put together over the October half term, contain a mixture of healthy snacks, drinks and toiletries
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NewsBooths sees annual profits increase but CEO warns of looming cost of living impacts
Profits before tax rose to £3m from £1.9m, while EBITDA grew by £1.4m to £13.3m
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NewsSelfridges sales recover in 2021 as new owners prepare to ride out cost of living crisis
The company posted a full-year sales increase of 28% to £653.4m, up from £508.5m the year before
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WebinarsThe Grocer’s cost of living webinar series is now available on demand
The two webinars looked at how brands and own label could avoid a race to the bottom on price
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NewsCity snapshot: Asda benefits from renewed demand for own label
Brands are coming under increasing pressure from own-label as shoppers trade down to cope with soaring food prices, the latest Nielsen grocery data revealed. Plus, the latest Barclaycard spending data and Pernod Ricard acquires Código 1530 Tequila.
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NewsNeighbourly redistributes record number of surplus meals amid cost of living crisis
The group, which works with supermarkets including M&S, Lidl, Aldi and Sainsbury’s, has surpassed 100 million meals donated to local community charities
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NewsSalmon farmer provides cost of living support for 678-strong workforce
Each employee will receive £750 over three months
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NewsWaitrose to bring back popular free hot drink offer for loyalty card members
The move is part of a larger partnership between Waitrose and Caffè Nero
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NewsFood banks warn government they are ‘overstretched and exhausted’
Donations from supermarket customers and the levels of surplus going to redistribution charities have also been hit by the economic situation
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NewsCity snapshot: Tesco chairman warns of increasing pressure on households
Tesco chairman John Allan has sounded the alarm over the increasing pressure on households as interest rates rise higher.
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NewsAsda faces double strike threat but denies shoppers face Christmas shortages
The GMB today revealed it was set to ballot members working as home delivery drivers after learning of management plans to cut drivers’ pay.
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Comment & OpinionSuccess of Asda’s Just Essentials shows how quickly shopper behaviour is changing
The number of Asda shoppers buying one of the new Just Essentials lines has risen from 33% to “nearly two thirds” in the space of one month
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NewsAsda is back in the game and its Just Essentials range is playing a big part in that
Source: Our Creative Asda is leading the charge on value among traditional supermarkets. And it’s working. Total grocery sales have grown 4.5% in the latest 12-week period, attracting an additional 417,000 customers compared to last year [Kantar, 12 w/e 2 October]. This is significant growth, given sales ...
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Grocer 33Grocer 33 survey reflects highest inflation level yet
There was also the sharpest monthly jump in prices – up 3.6% on September
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NewsWonky veg buyers number 4.8 million as cost of living crisis changes shopping habits
In October 2021, 14% of shoppers bought imperfect produce. One year later that number has now increased to 16.7%, according to Kantar
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NewsMorrisons launches second high street food-to-go concept store
It is more than two years since the supermarket launched the first of its new format, at its Manchester Piccadilly Gardens store
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Comment & OpinionFive tips for media investment in q-commerce
Q-commerce is a rapidly changing and relatively infant market, which poses both benefits and challenges to media investment, says Matt Lee, MD at Capture
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NewsCourgettes supply likely to be disrupted by energy and climate crises
Supply issues are expected to last until the end of the month, at least, The Grocer has learned
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NewsDeliveroo offers ‘eat now, pay later’ with Klarna
App users see the payment option at checkout, where they can opt to pay the full amount immediately, within 30 days or in instalments over 60 days