All Inflation articles – Page 48
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NewsWine prices set to soar as suppliers face surging glass cost hikes
Having already seen glass prices surge over the past year, major wine suppliers are now expecting to pay further increases of 45% to 70% for glass bottles
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NewsGrower Fresca Group posts strong financial performance in latest accounts
The business saw turnover increase by 4.7% to £433.1m for the year to 29 April 2022, with operating profit up 26.3%
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NewsDoisy & Dam rescued from administration by Nurture Brands in pre-pack deal
Nurture Brands has rescued Doisy & Dam from administration, continuing its buy-and-build strategy and expanding its sustainable plant-based consumer products offering into the confectionery category
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NewsQuorn Billingham factory staff planning ‘all-out’ strike over pay
More than 60 workers at Quorn’s factory in Billingham will begin ‘all-out’ strike action this Thursday in a dispute over a ‘derisory’ pay offer
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NewsFertiliser supply drop to add to input inflation in late 2022
Tight international market means the UK could struggle to replace its domestic shortfall
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NewsCity snapshot: Food prices hit 42-year high as inflation soars
Food and drink prices have soared to their highest levels in more than 40 years, pushing UK inflation back to highs seen over the summer, according to the latest figures. Plus, rising food prices help Nestlé increase organic sales in Q3, Just Eat Takeaway returns to profitability sooner than expected, and hedge fund Third Point reveals new position in Colgate-Palmolive and pushes for sale of its petcare business
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Guide ToThe Grocer Guide To Frozen
While areas of the frozen category have seen some decline since the sales surge during Covid lockdowns, the cost-of-living crisis is once again driving consumers back indoors, re-invigorating the opportunity for frozen suppliers to again make their mark.
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NewsThe Vegan Kind sold in administration pre-pack deal to current owner
The Vegan Kind has been bought out of administration by a business associated with its current owner following a downturn in trading and soaring costs
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WebinarsThe Grocer’s cost of living webinar series is now available on demand
The two webinars looked at how brands and own label could avoid a race to the bottom on price
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NewsCity snapshot: Asda benefits from renewed demand for own label
Brands are coming under increasing pressure from own-label as shoppers trade down to cope with soaring food prices, the latest Nielsen grocery data revealed. Plus, the latest Barclaycard spending data and Pernod Ricard acquires Código 1530 Tequila.
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NewsNeighbourly redistributes record number of surplus meals amid cost of living crisis
The group, which works with supermarkets including M&S, Lidl, Aldi and Sainsbury’s, has surpassed 100 million meals donated to local community charities
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Analysis & FeaturesHow the declining value of the pound is putting the squeeze on UK food importers
While sterling’s recent slump could boost exports, it is but the latest headache for businesses that source from abroad
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NewsSalmon farmer provides cost of living support for 678-strong workforce
Each employee will receive £750 over three months
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NewsOne Below boosts sales by 23% as estate grows and rebrand continues
Accounts at Companies House set out how the chain is rebranding to One Beyond, reflecting a new pricing strategy
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NewsCity snapshot: Tesco chairman warns of increasing pressure on households
Tesco chairman John Allan has sounded the alarm over the increasing pressure on households as interest rates rise higher.
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Comment & OpinionSuccess of Asda’s Just Essentials shows how quickly shopper behaviour is changing
The number of Asda shoppers buying one of the new Just Essentials lines has risen from 33% to “nearly two thirds” in the space of one month
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NewsAsda is back in the game and its Just Essentials range is playing a big part in that
Source: Our Creative Asda is leading the charge on value among traditional supermarkets. And it’s working. Total grocery sales have grown 4.5% in the latest 12-week period, attracting an additional 417,000 customers compared to last year [Kantar, 12 w/e 2 October]. This is significant growth, given sales ...
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Grocer 33Grocer 33 survey reflects highest inflation level yet
There was also the sharpest monthly jump in prices – up 3.6% on September
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Comment & OpinionM&S’ turbocharged turnaround tops a series of smart moves
The opening of food stores comes on top of investment in pricing and a change in culture
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NewsWonky veg buyers number 4.8 million as cost of living crisis changes shopping habits
In October 2021, 14% of shoppers bought imperfect produce. One year later that number has now increased to 16.7%, according to Kantar