All Inflation articles – Page 27
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NewsRiverford profits drop due to tough year for fresh and cost-cutting
The organic veg box company’s operating profits fell by 51.9% from £5.2m to £2.5m in the 12 months to 29 April 2023
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KVI TrackerHot cross bun prices could rise amid Turkish sultana shortage
Sultana production yields were impacted by heavy rains in May and June 2023
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NewsMorrisons boss Rami Baitiéh claims ‘strong progress’ as forecourt sell-off dominates Q4 results
Rami Baitiéh today claimed the supermarket had made “strong progress” in its fightback after announcing like-for-like sales for the year were up by 1.8%
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NewsCMA begins investigation into supermarket loyalty prices
The probe will explore whether loyalty prices offered by supermarkets are “genuine promotions” and “as good a deal as presented”
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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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KVI TrackerAfter veg fears, salad shortages also likely as ‘no lessons’ learned, growers warn
The Lea Valley Growers Association said producers were still facing ’substantial cost price increases’ for inputs such as fertilisers and packaging, plus a rise in the minimum wage
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NewsAldi makes second round of price cuts of 2024
Aldi is also pushing its British sourcing credentials with a new ‘Best of British’ section on its website
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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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NewsProducers falling out of GSCOP remit as retailers hire more middlemen
Retailers will save time by using the middlemen to negotiate for them as buyers ‘have bigger buying areas than ever before’
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NewsLidl raises store and warehouse pay to match Aldi
It means the two discounters will offer the highest entry-level supermarket rates both nationally and within the M25
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NewsArla seeking buyer for its stilton creamery Tuxford & Tebbut
The dairy co-op has launched a review of the facility, which employs 60 staff
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NewsHeather Mills strikes rescue deal for VBites
Heather Mills has bought the assets of her collapsed plant-based VBites empire from administrators in a rescue deal worth £1m, The Grocer can reveal
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NewsWyke Farms defies inflation challenges to post £11m profit
The West Country-based cheese and butter maker delivered a 68.4% rise in operating profits to £10.9m in the year to 31 March 2023
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NewsTurkey sales bounce back in bumper Christmas for protein
A record £13.7bn was spent on protein at Christmas, despite cost of living challenges, up 11.6% on 2022 levels
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NewsInnocent losses soar as £200m factory needs more investment
Revenues declined by £15.6m – a 3.5% fall year on year – to £426.2m in the 12 months ended 31 December 2022, according to newly filed accounts
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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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NewsYeo Valley boosted by diversification and milk prices
The organic dairy supplier increased turnover by 22% to to £315.9m for the year to 28 May 2023
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KVI TrackerAptamil formula cheaper in mults after CMA criticism
Tesco, Sainsbury’s, Asda and Morrisons have joined Iceland in slashing shelf prices of Aptamil powdered formula
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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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NewsMajor apple supplier begins shutdown following price challenges
The apple producer cited a lack of retailer returns as a significant reason for its financial challenges