All Inflation articles – Page 40
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NewsMedia Bites 6 March: Waitrose/John Lewis, food shortages, Gousto, Morrisons
A round up of all the food and drink news in the papers over the weekend, with John Lewis and Waitrose in focus.
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Promotional FeaturesUnderstanding the grocery shopper to win in 2023 and beyond
Shoppers are facing a multitude of challenges, but understanding their changing motivations can help brands unlock growth throughout 2023 and beyond. Here, Focus Insights explores these motivations and the latest grocery trends.
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NewsBabybel joins forces with Comic Relief for new fundraising push
This year’s partnership marks the 23rd year Babybel has supported Comic Relief, with 5p from every pack sold donated to the charity
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Grocer 33Asda cheapest this week but all supermarkets taking fight to inflation
Food inflation on this week’s basket was down 3.2% month on month
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NewsCity snapshot: Footfall growth slows as high streets and shopping centres outperform retail parks
According to the monthly BRC-Sensormatic IQ Footfall Monitor UK retail footfall fell back in February after Christmas and the January sales amid concerns that shoppers are making fewer visits to the shops due to pressures on the cost of living
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NewsMorrisons to relaunch Savers range as inflation hits record high
The Grocer has learnt the new products will hit the shelves in the next few weeks with new, more colourful white and blue packaging
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NewsVimto maker Nichols back in the black but inflationary pressures persist
Soft drinks group Nichols has returned to the black thanks to a 14.3% jump in sales, with Vimto selling particularly well overseas. However, chairman John Nichols warned ongoing inflationary pressures continued to make life difficult in 2023.
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NewsNFU launches growth strategy to keep fruit & veg on shelves
The strategy has set out 10 policies that will underpin the success of the sector, enable long-term growth and ensure the fresh supply of produce
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NewsM&S to raise shopworker pay for third time in 18 months
The latest rise is a £57m investment in shopworker pay, according to M&S
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NewsMedia Bites 1 March: Ocado, Sainsbury’s/Argos, grocery inflation
Annual losses at Ocado have skyrocketed as shoppers cut back on online grocery purchases and costs were driven up by inflation and technology spending
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NewsCity snapshot: Profits and sales jump at Reckitt as prices rise
Annual revenues at Reckitt Benckiser have increased 9.2% to £14.5bn as the Dettol to Durex owner increased prices by almost 10%. Plus, the latest BRC shop price index, and annual results from Vimto owner Nichols, Just Eat Takeaway and Glanbia
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NewsTesco launches Premium meal deal at £5 for Clubcard holders
The deal, which will sit alongside its existing standard meal deal, incudes brands such as Itsu, Yo Sushi and Pollen & Grace
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Comment & OpinionSupermarkets have broken the fresh supply chain. The solution is in their hands
The answer to these shortages lies solely in the hands of retailers, says Ged Futter, director, The Retail Mind
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NewsLidl becomes latest retailer to ration fresh produce amid shortages
It follows similar moves by Tesco, Aldi, Asda and Morrisons, which issued buying restrictions on some lines last week in light of empty shelves
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NewsCity snapshot: ABF issues profits upgrade as inflation steadies
Associated British Foods has lifted its profit forecasts for the year as inflation becomes less volatile and commodity costs start to decline. Plus, DX group reports strong first half
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Analysis & FeaturesWhy it's so hard to prove profiteering and greedflation in food
Questions have been raised about the legitimacy of supplier price increases. But margins at major fmcg giants are almost universally in decline
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Comment & OpinionWith the King invested in food poverty, it’s time to subsidise redistribution
Surely human consumption is a better social, economic and environmental outcome than anaerobic digestion?
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NewsFruit & veg crisis: farmers slam Thérèse Coffey’s response
Criticism of the Defra secretary comes amid myriad crises across British food production
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Analysis & FeaturesWhy fruit & veg shortages are only a tiny bit about Brexit
The British Retail Consortium cited “difficult weather conditions in the south of Europe and northern Africa”, which had disrupted harvests for products such as tomatoes and peppers. But critics have pointed to plentiful produce elsewhere in Europe
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NewsCity snapshot: Price rises lift sales at Danone but margins fall on higher costs
Danone has boosted annual revenues on the back of higher prices but soaring costs squeezed the French food group’s profit margins. Plus, a pre-close trading update from Science in Sport.