All Inflation articles – Page 74
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NewsWaitrose warns of more inflation-driven “uncertainties” after falling to annual loss
Waitrose has fallen to a statutory loss of £2.3m in 2021/22 Waitrose has fallen to a statutory loss of £2.3m last year after trading profits were heavily impacted by supply chain challenges and pandemic-related costs. The supermarket swung to red from a profit of £126.3m the year ...
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NewsEgg shortages on the way, no-show supermarkets are warned
Absent supermarket representatives were replaced with cardboard cutouts at the summit, held in the midst of a crippling feed cost crisis
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NewsCharities question supermarket profits after calls for windfall tax
Campaign group Sustain cited figures showing 57% of adults were in households with food insecurity
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NewsMultibuy ban to be scrapped as MPs act on cost of living crisis
The Grocer understands Tory MPs have coined a new catchphrase, ‘canning the banning’ as part of a move to reject what they regard as ‘nanny state’ health policies
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NewsTesco hits suppliers with distribution charge hike, blaming new diesel tax
The supermarket has written to suppliers saying rates will go up by almost 8% from 29 May
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NewsMedia Bites 12 May: Tesco, Compass Group, Boparan
Tesco is to convert unused shop space into mini offices as the supermarket seeks to cash in on demand from home workers
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Comment & OpinionFinally, consensus on HFSS laws: no one has any idea what’s going on
There is a total lack of transparency and clarity over what a backtrack – if indeed there was one – would entail
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NewsClutch of craft brewers close as independents struggle with pandemic recovery
Kelham Island, Fallen Brewing and Beatnikz Republic are among those closing down
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NewsHFSS promotions ban in chaos after fresh reports of government u-turn
The ban was due to come into force in October, which would likely see it coincide with an expected huge rise in fuel costs
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NewsCity snapshot: Compass Group raises growth forecast as outsourcing picks up
Catering giant Compass Group has hiked its full year growth forecasts after getting back to pre-Covid sales levels at the end of its first half
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NewsMedia Bites 11 May: Philip Morris, Brexit checks, Cost of living
Philip Morris International has struck a $16bn deal to buy Swedish Match, as the tobacco company makes its biggest bet yet on the market for cigarette alternatives
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NewsIceland increases staff discount in latest move to ‘ease cost of living crisis’
‘We’re continuing to look for ways to help our customers and colleagues as the cost of living crisis continues to take hold,’ said Iceland MD Richard Walker
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Comment & OpinionAnother Queen’s Speech, another pledge to scrap the NI protocol. What next for UK food & drink?
Fishing and agriculture, two industries supposed to benefit more than most from Brexit, were not mentioned in today’s speech
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NewsOnline surplus stock supermarket Motatos to launch in UK next month
The company was founded in 2014 in Sweden – where it is known as Matsmart – and later expanded into Denmark and Finland
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NewsMeal planning and shopping platform Lollipop secures £5m in seed round
The latest fundraise, led by Octopus Ventures, follows a pre-seed round carried out in December 2020
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NewsTesco chairman calls for windfall tax on energy firms to help cost of living crisis
Allan told the BBC Today programme Tesco customers were among those whose behaviour was showing the extent of the financial hardship
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NewsCity snapshot: Rising cost of living puts brakes on retail spending
The rising cost of living has “crushed” consumer confidence and put the brakes on consumer spending, according to the latest figures from the BRC-KPMG Retail Sales Monitor
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NewsMedia Bites 10 May: McColl’s/Morrisons, Cost of living, Philip Morris
The papers heavily feature the news that Morrisons has secured a rescue package for convenience chain McColl’s, beating off competition from EG Group
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NewsDemand for warehouse space continues to outstrip supply, driving up rents
Some 11.3 million sq ft was taken in the first three months of the year, 11% up on the five-year average in quarter one, according to Colliers
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NewsPlans to force landlords to let vacant shops dismissed as ‘gimmick’
Landlords will be forced to rent shops out to the highest bidder if they have been vacant for over a year