All Inflation articles – Page 24
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NewsPilgrim’s UK hails bounceback as losses shrink
The pork giant saw operating losses fall from £16m in 2021 to £2.26m last year, its latest accounts have shown
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NewsInflation and cost of living send Mindful Chef to steeper losses
Losses have widened at Mindful Chef as a squeeze on consumer spending and inflation dampened demand and hurt margins.
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NewsGroceries Code Adjudicator accuses supermarkets of ‘warfare’ on suppliers
Mark White today published a “deep dive” report into views of suppliers about the conduct of supermarkets under GSCOP
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NewsMinette Batters to stand down from NFU presidency in February
Batters described her move as a ‘tough decision’ in her opening message in the October NFU Magazine
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NewsDavid Potts steps down at Morrisons as Carrefour chief is named new CEO
US owners Clayton Dubilier & Rice (CD&R) revealed it had appointed Rami Baitiéh, formerly chief executive of Carrefour France, as its new boss
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NewsApple growers experience dramatic drop in profitability
The growers body explained the slump was ’inevitable’ as input cost inflation to growers ran at about 23%
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NewsTesco locks 1,000 prices until 2024 in latest attempt to battle Aldi
Today Aldi revealed sales were up by nearly £2bn to £15.5bn and claimed the cost of living crisis had changed shopping habits for good
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Analysis & FeaturesIs it back to square one for UK dairy?
In a never-ending game of boom and bust, the industry is facing elevated input costs, retailer rationalisations and an escalating climate crisis
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NewsCheese sector ‘at risk of long-term damage’ from supermarkets
Many cheesemakers were now facing ‘extremely challenging times’, according to a new report by Kite Consulting
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NewsHeck launches lamb burgers & chipolatas in autumn NPD push
The premium meat brand rolled the chipolatas into 600 Tesco stores this week
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NewsFinsbury Food Group recommends £143m takeover offer to shareholders
Listed bakery group Finsbury Food has agreed to a £143.4m takeover offer from Isle of Man-based asset management firm DBAY Advisors. Plus, food price inflation eases for fifth month in a row.
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NewsHalf of British fruit & vegetable farmers likely to walk away within 12 months
Supermarkets and their buyers were accused of not paying on time, pursuing cheaper food alternatives from overseas and cancelling or changing orders at the last minute
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NewsObesity crisis: government to launch ‘healthy sales’ reporting system for all large food companies
The plans have been drawn up by a powerful food industry working group reporting to the Department of Health and Social Care (DHSC), including Tesco, Sainsbury’s and Morrisons
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Analysis & FeaturesFive things that will help and hinder Waitrose’s growth strategy
Waitrose is under the microscope as it seeks to transform major elements of the business. The Grocer asks what will stand in the retailer’s way
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NewsFreshways sales boost drives a ‘dramatic’ return to profitablity
The mid-market processor saw sales rise by 38%, while operating profit hit almost £3m, up froma loss of £4.6m in 2021
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Category ReportHow Big (and Sexy) can the pizza category get?
A new generation of challengers such as Lewis Capaldi’s Big Sexy brand is helping pizza shrug off the impact of inflation and HFSS
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NewsMandatory food waste reporting u-turn: campaigners to launch legal challenge
Feedback said it had decided to challenge the legality of the decision on the grounds that it was not based on a reasonable or rational view of the evidence received
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NewsGousto losses spiral on growth reversal but return to profit expected in 2023
Losses have ballooned to almost £160m in 2022 at Gousto as costs spiralled and rapid growth reversed for the first time in the recipe kit supplier’s 11-year history.
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NewsFareShare slams government bureaucracy over ‘lost’ millions in food surplus funding
Defra permanent secretary Tamara Finkelstein said she “understood” the money had been allocated to Defra’s overall funding towards farmers
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NewsNisa retailers divided over move to weekly price updates
Nisa said the move to a weekly price file meant it could be more responsive to market dynamics to ensure retailers could remain competitive.