All Inflation articles – Page 120
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NewsShoppers face more frozen and less fresh Christmas turkey due to labour shortages
Avara Foods CEO Andy Dawkins said the labour crisis would inevitably lead to a reshaping of the turkey sector
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NewsCity snapshot: Beiersdorf bounces back to pre-Covid levels and skincare demand returns
Nivea owner Beiersdorf has bounced back to pre-Covid levels of sales and skincare demand rebounded in the first half of the year
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NewsMedia Bites 5 August: John Lewis, National Lottery, Philip Morris
John Lewis was included on a list of employers “named and shamed” by the UK government for paying staff below the legal minimum on Thursday, as ministers seek to show they are clamping down on abuses of workers’ rights.
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NewsCity Snapshot: The Hut Group acquire Cult Beauty for £275m
E-commerce giant The Hut Group has expanded its beauty portfolio with the £275m acquisition of online prestige retailer Cult Beauty.
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NewsMedia Bites 4 August: PepsiCo, Greggs, Domino’s
PepsiCo has agreed to sell a controlling stake in its Tropicana and Naked Juice brands to French private equity firm PAI Partners for $3.3bn
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Comment & OpinionGreggs is back in profit, but rising costs are a dampener on celebrations
Greggs became the latest food company to point to rising costs as a major threat to profitability
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NewsCity snapshot: Greggs to create 500 jobs as first half sales and profits rebound
Greggs has bounced back to first half profitability as sales recovered due to the relaxation of coronavirus restrictions
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NewsMedia Bites 2 August: Morrisons, Deliveroo, Milk
Private equity giant Clayton, Dubilier & Rice is poised to kick off a bidding war for Morrisons
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NewsCity News: Reckitt Benckiser shares tumble as it warns of mounting cost pressures
Reckitt Benckiser was the latest consumer goods giant to warn of the pressures of mounting costs this week as its share price tumbled on inflationary concerns
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NewsGrowers warn lack of clarity over R&D funding a threat to sector
Horticulture and potato growers are calling for clarity from government on what will replace AHDB’s services
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Comment & OpinionWho will be paying for vital sustainability initiatives - shoppers or manufacturers?
Manufacturers need to invest heavily in sustainability schemes, but not all consumers are willing to pay a premium to fund it, says Warren Ackerman, head of European consumer staples research at Barclays
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NewsCity snapshot: Nestlé raises growth expectations after coffee drives first half sales increase
The world’s largest food group Nestlé has raised its full year growth forecast after posted organic growth of 8.1% in the first half as booming coffee sales drove strong growth. Plus updates from AB InBev, Danone, Diageo, Compass Group, Pets at Home and more.
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NewsMedia Bites 28 July: Morrisons, Reckitt Benckiser, Iceland
The proposed £9.5bn takeover of Morrisons has been thrown into jeopardy after the supermarket group’s largest shareholder blasted the Fortress-led bid
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NewsMorrisons’ largest investor Silchester publicly rebukes £6.3bn Fortress offer
Silchester International Investors, which holds a 15.1% holding in Morrisons, said in a statement that it was “not inclined” to support the existing offer from Fortress.
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NewsGreencore sales bounce back as food to go recovers
Greencore has posted “strong revenue momentum” in its third quarter, with group pro forma revenue 53.1% above prior year levels and only 2.8% below equivalent pre-COVID levels in the same quarter of 2019
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NewsReckitt warns rising costs will eat into 2021 margins
Reckitt Benckiser has posted a drop in first half profitability as mounting costs hit margins and revenues declined due to tough year-on-year comparisons
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Comment & OpinionWhy fmcg can no longer claim to lead the way in commercial excellence
Flatter organisational structures and lower wages have triggered a grocery brain drain, says David Sables, CEO of Sentinel Management Consultants
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NewsCity snapshot: July grocery sales rebound thanks to summer sport and warm weather
Grocery sales improved in the four weeks to July 17 as trading was boosted by better weather and the summer sports events, according to the latest figures from NielsenIQ. Plus, Reckitt’s profits plunge as costs add up, Greencore’s food to go rebounds and all the latest news from the City.
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NewsMedia Bites 26 July: Pingdemic, Morrisons, Philip Morris
An emergency government plan to prevent the spiralling “pingdemic” from hitting food supplies has descended into chaos
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News‘Poultry shortages inevitable’ despite new isolation exemptions
The president of 2 Sisters Food Group Ranjit Singh said the sector was facing a ’food crisis like we’ve never seen before’