All Inflation articles – Page 67
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NewsSupermarkets must make sustainable shopping affordable, says IGD
The group’s CEO, Susan Barratt, told industry leaders grocery had a key role to play in keeping sustainability high on the shopper agenda amid the cost of living crisis
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NewsCity snapshot: Tate & Lyle boosted by global reformulation drive
Tate & Lyle has posted double digit sales and profit growth from continuing operations as the drive to reformulate food and drinks boosted its performance. Plus trading updates from Poundland owner Pepco and British American Tobacco.
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NewsMedia Bites 9 June: CO2, inflation, Tesco, John Lewis
Britain’s biggest fertiliser producer and carbon dioxide supplier to the country’s meat, beer and soft drinks sectors is to close one of its plants as soaring energy costs continue to bite.
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NewsJJ Foodservice launches ‘My Shopping List’ website feature to help caterers plan
Caterers can use the feature to save their order in advance and then add it to their basket and make payment when they require it
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NewsNFU warns crop output could fall if fertiliser prices remain high
Union says government must include fertiliser in its new food supply blueprint
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NewsMedia Bites 8 June: M&S, Petrol prices, Tesco
The top three executives at Marks and Spencer could earn more than £15m between them for the current financial year if they hit targets
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Comment & OpinionIs criticism of supermarket bosses’ exorbitant bonuses amid cost of living crisis justified?
Because profits (and other more complex metrics) have exploded in the past year, performance compensations tied to those financial metrics ultimately grew at a higher rate too
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NewsMoody’s upgrades Premier Foods on ‘resilient performance’
Ratings agency Moody’s said the company maintained strong key credit ratios and has built sufficient headroom to withstand continued industry headwinds
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NewsSwedish surplus online grocer Motatos launches in UK
Motatos sells ambient food and fmcg that might otherwise go to waste because of changes to packaging specification or a short remaining shelf life
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NewsConcerns grow about rice supply as exporters weigh up curbs
Reports of panic-buying by traders in India followed talk of Thailand and Vietnam pairing up to raise prices
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NewsOutgoing M&S CEO Steve Rowe bags final £1.6m bonus
His total pay packet was £2.6m, up from £1.1m in 2020/2021
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NewsRapeseed oil prices surge by up to 100% amid ongoing Ukraine conflict
Ambient giant Princes confirmed it had faced ’significant inflationary pressures’ after products from two of its cooking oil brands doubled in price
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NewsCity snapshot: Retail sales slide amid soaring prices and drop in major purchases
UK retail sales fell back 1.1% in May as the cost-of-living crunch blunted consumer demand and consumers shunned higher value items
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NewsMedia Bites 7 June: Sainsbury’s, alcohol-free beer, petrol prices
Sainsbury’s revealed its chief executive received pay worth £3.8m in the latest financial year even as it rejected calls from big investors for it to ensure all workers in its stores receive a living wage.
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Comment & OpinionJubilee weekend was a boost for high streets. But can it last as budgets are squeezed?
BRC data showed total UK footfall for the jubilee weekend rose by 6.9% compared to the average for May 2022
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NewsGlobal supply turmoil could see British potato farmers switch to cereals or oilseeds
Insiders say domestic market in good shape ahead of possible crop rotations this year
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Analysis & FeaturesAldi and Lidl: the story behind the rise of a retail empire
Aldi and Lidl made serious inroads into the UK market during the financial crash in 2008. Now, as inflation bites, they’re on the march again
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NewsOrnua hails ‘record’ year as turnover hits $2.5bn in 2021
Despite ‘persistant challenges’, the dairy company has seen turnover rise to €2.5bn, an increase of 6.9% year on year
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NewsTesco uses supplier price negotiations to hike requests for ‘back margin’ payments
It marks the return of the so-called ‘back margin’ practice that had been largely stamped out by former Tesco boss Dave Lewis
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NewsJones Food Company launches innovation centre to end reliance on fruit & veg imports
The facility, opening 6 June, will act as the testbed for produce to be grown at JFC’s newest vertical farm