All Inflation articles – Page 6
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News
CMA 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 Tracker
Fruit & 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 Tracker
After 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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News
Aldi 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 & Opinion
How 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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News
Producers 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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News
Lidl 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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News
Arla 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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News
Heather 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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News
Wyke 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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News
Turkey 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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News
Innocent 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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News
Yeo 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 Tracker
Aptamil 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 & Opinion
We 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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News
Major apple supplier begins shutdown following price challenges
The apple producer cited a lack of retailer returns as a significant reason for its financial challenges
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News
City snapshot: Cigarettes and alcohol behind surprise jump in inflation
Rising alcohol and tobacco prices have contributed to an unexpected increase in the annual rate of inflation in December. Plus, Hotel Chocolat shareholders vote on Mars deal, Just Eat Takeaway and Wincanton issue trading updates and Gusbourne appoints a new boss
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News
Aldi cutting price of 40 popular lines by up to 17%
‘This latest round of price cuts will help our shoppers make significant savings on their weekly food shop,’ said Aldi UK buying MD Julie Ashfield
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News
Bernard Matthews proposing to close Norfolk poultry factory
The turkey giant is seeking to close its Great Witchingham site, which was found to longer be ‘a sustainable operation’