All Economy articles – Page 21
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Comment & OpinionSuccessful retailers will focus on community and health in 2024
Even in an era of ubiquitous technology, people are craving connection and community at scale, says Marie Stafford, global director at VML Intelligence
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NewsCity snapshot: Retail sales growth slows as cost of living weighs on consumers
UK retail sales growth slowed in January despite easing inflation as continued weak consumer demand led to ‘lacklustre’ sector performance
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NewsKraft Heinz plans green hydrogen plant for Wigan factory
The £40m scheme is forecasted to enter operation in 2026
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NewsCity snapshot: Retail footfall slides again in January
Total UK footfall decreased by 2.8% in January, according to the latest data from the BRC-Sensormatic IQ Footfall Monitor
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Comment & OpinionOffer shoppers reliability and comfort in uncertain times
With squeezed incomes, consistency and familiarity have taken over an explorer mentality, says Ben Black, head of fmcg at Verlinvest
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NewsNorthern Ireland DUP accepts post-Brexit deal but food industry demands detail
Stormont power-sharing is set to return after two years as Northern Ireland’s Democratic Unionist Party finally agrees to the post-Brexit deal
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NewsCity snapshot: Fall in grocery inflation eases and retailers cut promotions
The fall in grocery price inflation eased last month as retailers ‘took their foot off promotions’, while sales growth lagged price increases. Plus updates from Diageo, SSP Group and Pets at Home
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KVI TrackerFruit & veg imports to become more expensive over last-minute Brexit rule
The cost of importing fruit & vegetables from the EU is about to rise by a further £200m, says the Fresh Produce Consortium
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NewsLack of clarity around looming Brexit checks leaves industry ‘apprehensive’
The Border Target Operating Model will see an array of new controls on EU food imports begin to roll out on 30 January
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Comment & OpinionFestive cheer for Premier Foods, but bigger tests await in 2024
Premier Foods remained full of festive cheer this week after revealing it enjoyed its ‘biggest ever Christmas’, but bigger tests await as food price inflation falls out of the market
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NewsLogistics sector calls for dedicated supply chain minister in new government
Logistics UK’s new election manifesto calls for the appointment of a dedicated supply chain minister
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NewsNew immigration rules will ‘disproportionately impact’ food businesses, ALP tells Home Office
ABP UK and Cranswick have warned of the effects the change will have on their business as well as consumers
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Comment & OpinionHow to navigate the spike in orange juice prices
The situation is now such that many in the market will have no choice but to pass rising costs on to consumers, says Sarah Baldwin, CEO of Purity Soft Drinks
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Comment & OpinionHow to ensure a robust supply chain in 2024
For the fmcg sector, the developing regulatory landscape poses many challenges, says Julia Grothaus, litigation, arbitration & investigations partner and James Marlow, environment & climate change managing associate at Linklaters
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NewsCity snapshot: Christmas retail sales plunge as consumers cut back
Retail sales slumped by 3.2% in December, which was the worse monthly drop since the depths of the coronavirus pandemic, as consumers cut back in the run-up to Christmas.
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Comment & Opinion‘We told you so!’ Why booze duty hike drove inflation rise
Industry figures warned duty changes in the summer would drive prices up. Now that chicken is coming home to roost
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Comment & OpinionWe must think long term to avoid a race to the bottom
Asda price matching the discounters signals a new phase, says Patrick Finlay, MD at The Category Management Company
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NewsFood manufacturers struggling more with inflation than other sectors
Food manufacturers’ margins have been squeezed in 2023 as retailers fought hard against cost price increases
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NewsCity snapshot: Cigarettes and alcohol behind surprise jump in inflation
Rising alcohol and tobacco prices have contributed to an unexpected increase in the annual rate of inflation in December. Plus, Hotel Chocolat shareholders vote on Mars deal, Just Eat Takeaway and Wincanton issue trading updates and Gusbourne appoints a new boss
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NewsBen & Jerry’s board calls for permanent ceasefire in Gaza
The ice-cream maker’s independent board of directors has called for a permanent ceasefire in Gaza