All Inflation articles – Page 126
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Comment & OpinionThe Budget is welcome for food and drink – but does it go far enough?
Sunak’s Budget contained few surprises but food and drink leaders have cautiously welcomed new measures of support
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Analysis & FeaturesBudget 2021: the industry reacts
As chancellor Rishi Sunak announces this year’s Budget, industry figures from retail, wholesale, hospitality and finance share their reactions
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News🔴 Budget 2021 Live: Chancellor outlines Covid recovery measures
The latest updates for the grocery industry on the B
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NewsCity snapshot: Profits evaporate at Vimto owner Nichols in face of Covid crisis
Vimto maker Nichols has experienced a dramatic slump in sales and profits as it faced the “unequalled challenges” presented by the Covid pandemic. Plus, fierce competition keeps food inflation in check, according to the latest BRC-Nielsen shop price index for February. There are also trading updates from DS Smith and Smiths News.
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NewsCity snapshot: Grocery sales growth hits eight month high in February
Grocery industry sales growth accelerated to its highest level since June 2020 during February as the latest national restrictions curtailed spending in cafés, restaurants and pubs. Plus trading updates from Hotel Chocolat, HelloFresh and Virgin Wines starts trading on the stock exchange.
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NewsCity snapshot: McColl’s to roll out hundreds of Morrisons Daily stores
McColl’s Retail Group has extended its wholesale supply agreement with Morrisons and is converting hundreds of stores to the supermarket’s convenience offering. Plus, Ocado has kick-started operations at its new mini customer fulfilment centre in Bristol.
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NewsCity snapshot: Record year for Reckitt Benckiser as Covid fuels demand for Dettol
A strong end to the year has helped Reckitt Benckiser register double-digit growth in 2020 as consumers turned to Dettol, Lysol and other hygiene brands to keep coronavirus at bay. Plus, EG Group strengthen board with new non-exec appointment, and Glanbia profits slump as Covid take toll on performance nutrition division.
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NewsMedia Bites 23 Feb: Coronavirus exit plan, online sales tax, Brexit
The main news story dominating the news this morning is the details of Prime Minister Boris Johnson’s coronavirus lockdown exit plan.
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Category ReportTobacco category report 2021: why are tobacco sales up in the middle of a global health pandemic?
The picture is hazy with record numbers quitting but sales still up. What’s going on?
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InterviewsHeinz bigwig Jojo de Noronha on making Beanz the new avocados
Kraft Heinz’s Northern European president wants to ’liberate’ Beanz – and it’s part of a bold new strategy for the company
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NewsMedia Bites 18 Feb: Danone, Total Produce/Dole Foods, British American Tobacco
A large shareholder in French consumer goods group Danone has urged its directors to oust chairman and chief executive Emmanuel Faber, halt a planned group reorganisation that he has championed, and sell underperforming brands that account for 15% of revenue.
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NewsCity snapshot: Coca-Cola European Partners sweetens offer for Coke bottler Amatil
Coca-Cola European Partners has sweetened its offer for Asia-Pacific Coke bottle Coca-Cola Amatil to reflect an improvement in global trading conditions. Plus, Kerry Group reveals plans to buy Spanish biotech firm, Jim McCarthy steps down as Wynnstay chairman and Ultimate Products acquires German kitchen electrical brand Petra.
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Analysis & FeaturesWhat’s the outlook for key food commodities in 2021?
With Brexit disruption and the pandemic contributing to a volatile market, what’s the outlook for key food commodities this year?
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NewsSoaring vegetable oil prices set to drive food inflation
Sunflower oil has almost doubled in price in the past year, while Italian extra virgin olive oil is up almost 70%
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Comment & OpinionRestricting HFSS promotions could have unintended consequences for consumers
Removing promotions could increase the price of consumers’ food shops, says Kate Halliwell, chief scientific officer, FDF
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NewsShelf prices fall as supermarkets brush off import cost concerns
Supermarkets have avoided passing on any extra costs incurred from importing goods into the UK, The Grocer Price Index has suggested
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Analysis & FeaturesSalary survey: how Covid is shaping salaries in sales, marketing and NPD
Salaries in sales, marketing and NPD have remained stagnant while teams work longer hours
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NewsMedia Bites 5 Feb: Unilever, Compass Group, Food exports
Attempts by Unilever to ’sharpen’ its strategy amid sluggish growth failed to impress investors yesterday
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NewsCity snapshot: Lockdown helps supermarket sales growth to accelerate in January
The UK-wide coronavirus lockdown has spurred further growth in take home grocery sales during January, as shoppers spent £1bn more on supermarket food year-on-year during the month
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NewsCity snapshot: Shop prices tumble as lockdown drags on
Shop prices have fallen by 2.2% this month as retailers desperately tried to entice consumers to spend money online as lockdown restrictions continued, according to the latest shop price index by the British Retail Consortium and Nielsen.