Economy – Page 37
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News
Black Friday helps arrest food sales decline
Grocery sales benefitted from a small boost in November as shoppers flocked to supermarkets to grab a bargain on a record-breaking Black Friday, according to the latest BRC-KPMG Retail Sales Monitor released this morning.
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Analysis & Features
Premier is following a well-established supermarket playbook
The real surprise about Premier Foods’ demands for payment from suppliers is not that the company is doing it, but that it’s suddenly in the spotlight.
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Analysis & Features
Food prices have not hit the bottom yet
The British Retail Consortium has found that food prices have fallen for the first time since it began recording the data in 2006.
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Analysis & Features
Farms and meat processors bear brunt of supermarket pressure
The UK agriculture and meat industries are feeling the brunt of pressure from supermarkets as insolvencies in the UK food and drink sector increase sharply.
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News
20% supermarket capacity cut call is 'doomsday scenario'
A controversial new report by Goldman Sachs calling on Tesco, Sainsbury’s and Morrisons to shut 20% of store capacity…
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Analysis & Features
Is Waitrose getting its store formats right?
Waitrose MD Mark Price hit the headlines this week following a newspaper interview in which he suggested some of his rival…
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News
ABF warns of pressure on its sugar business until 2016
Associated British Foods has warned its sugar business will remain under pressure until 2016…
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Analysis & Features
Supermarket struggles as much about volume as price
The escalating grocery price war has made for some great headlines, but the supermarkets’ plunging sales are at least as affected by falling volumes as they by battles over pricing.
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News
Europe Economics reports palm oil's £333m contribution to GDP
Consultants have quantified the economic impact of palm oil on the UK and EU economy for the first time…
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News
More food and drink IPOs likely to be deferred until 2015
As Marfrig delays its decision to float Moy Park until 2015, corporate finance specialists are predicting more owners of f…
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Analysis & Features
EU sugar prices set to fall in line with rest of the world
Sugar has fallen out of favour in some circles – even Sugar Puffs has dropped the word from its name…
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Analysis & Features
Woes in food retail extend beyond the supermarkets
Shoppers’ changing habits have hit the wider food retail sector Tesco will dominate the headlines tomorrow, but the beleaguered retailer is not the only UK food and drink firm suffering in the current market. One of the more notable findings of a report on the financial health ...
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Analysis & Features
The headache of food price deflation has no easy cure
Another day, another stark measure of food price deflation exacerbating the trading problems facing the beleaguered listed supermarkets.
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News
Nestlé boss calls for 'more effective' UK exports support
Nestlé UK boss Fiona Kendrick has called on the government to work more efficiently to support UK food companies…
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Analysis & Features
Supermarket prices fall at record rate
UK food prices fell at their fastest rate of year in September as the supermarket price war continued to drive down the cost of goods in shoppers’ baskets.
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Analysis & Features
UK bucks the trend in Europe as food becomes more affordable
The supermarket price war has been given the majority of credit for driving down the price of food – but it is not only in the UK that prices are going down.
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Analysis & Features
How Tesco ran out of rabbits as it struggled to stem losses
A lot of tricks of the trade used by Tesco to extract money from suppliers are common practice. So where has it gone wrong?
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Analysis & Features
Fuel price cut suggests Sainsbury's has moved on from 'business as usual'
Petrol prices have opened as a new front in the supermarket price war after aggressive fuel price cuts from three of the big four.
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Analysis & Features
British Sugar takes round one in competition fight
Shares in Associated British Foods have hit their lowest level since January as the competition row over British Sugar drags on.
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News
UK regulator drops Napier Brown’s British Sugar pricing complaint
The UK’s Competition and Markets Authority will not take forward Napier Brown’s complaint against British Sugar that the Associated British Foods-owned company was abusing its dominant market position.