All Inflation articles – Page 51
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Promotional FeaturesWhy changing shopper habits are forcing retailers to adapt
Greater format choice and flexibility are vital to meet evolving customer needs in today’s challenging retail environment. Find out how Post Office is helping retailers adapt to growth in the parcels market.
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NewsWyke Farms sees sales and profit rise, despite soaring costs
The supplier said the cost of producing cheddar had doubled since the start of its accounting period
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NewsAgflation starts to decline but continues to outpace food inflation
Agflation was estimated to be at 18.7%, compared to 11.1% for agricultural outputs
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NewsChicken supply facing ‘crisis’ due to low returns, producer claims
Herefordshire-based Jo Hilditch of Whittern Farms warned the sector could suffer the same problems as seen in eggs in recent months
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NewsLower-income families swap veg spending for treats over Christmas, new research finds
The YouGov survey found 28% of lower-income families spent less on food this Christmas compared to previous years
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KVI TrackerTesco dodging new disputes as Mars Petcare prices soar
Tesco hauled Mars and Heinz products from its shelves last summer; both companies landed big price hikes last month
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NewsMars shrinks Ben’s Original rice pouches to mitigate soaring costs
While the packs have shrunk, shelf prices have remained the same for certain products, Assosia data reveals
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NewsCity snapshot: Food inflation shows no signs of slowing as prices hit record high
Food inflation has leapt to a new high in January as producers continued to battle cost pressures, according to the latest report by the British Retail Consortium. Plus, new appointments at Greencore and Kitwave
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NewsYoung families turning away from meat, fruit and veg in cost-of-living crisis
Over a quarter of parents of young children (27%) said they are buying less meat and 18% said they are buying less fruit and veg
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NewsMcCain invests £35m into British potato farming to safeguard sector
The funding will help British farmers manage the challenging environmental pressures the sector is facing and offset “unprecedented on-farm inflation”
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NewsProfits warnings at food producers hit 16-year high in 2022
Profit warnings by UK-listed companies soared 50% higher in 2022 as rising costs put retailers and food companies under significant pressure, according to a new report
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Comment & OpinionIs greedflation really happening in food and drink?
Hundreds of food and drink suppliers are pushing through price hikes, and inevitably, somewhere along the line, some will take advantage
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NewsDemand for food from social supermarket doubles amid cost of living crisis
Community Shop works with the fmcg industry to redistribute surplus stock that might have otherwise gone to waste
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NewsPotts says vertical model made it harder for Morrisons to keep prices down
A lack of competitiveness on price was a key reason for a 4.2% fall in like-for-like sales in the 52 weeks ending 30 October 2022
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NewsShrinkflation hits Warburtons Soft Pittas
Consumer testing found people favoured paying the same for fewer pittas, rather being charged extra for the original five-pack
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NewsMorrisons sales fall 4.2% but CEO Potts claims fightback is working
Group revenue for the year was up 2.2% from £18bn last year to £18.4bn, and Potts said sales had been on a “steadily improving trend”
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NewsAsda slashes night shifts in cost-cutting move affecting thousands
A consultation with staff began this week and Asda stressed the overall level of store hours would be unaffected, though it could not rule out redundancies
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News2 Sisters set to close Llangefni factory with more than 700 jobs at risk
The poultry giant said the decision to shutter the plant was a response to the ‘continuing’ cost challenges facing the sector
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NewsFareShare breaks food surplus record but still can’t meet demand
FareShare told The Grocer it had received almost 3,300 tonnes of surplus food during the month from retailers and suppliers
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Comment & OpinionFruit & veg shortfall is the product of a vicious cycle
Depleted supply leads to more expensive produce, resulting in reduced purchases from the consumer, and so on