All Inflation articles – Page 79
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NewsFood businesses give cautious welcome to delay to checks on imports from EU
But opposition accuses government of chaotic decision-making as post-Brexit controls shelved again
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Comment & OpinionOnly a long-term food strategy for the UK can truly address the cost of living crisis
Sainsbury’s and Unilever this morning became the latest fmcg giants to warn margins will come under pressure from “unprecedented inflation”. And while Sainsbury’s CEO Simon Roberts vowed the retailer would do everything it could to “keep delivering the best value for customers”, Unilever warned further price hikes were on the ...
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NewsSainsbury’s focusing on value as customers ‘watch every penny’ amid rampant inflation
Sainsbury’s warned profitability would fall back this coming year amid rising food and fuel costs and growing inflation
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NewsCity snapshot: Sainsbury’s warns of inflation impact despite soaring profits
Sainsbury’s has posted a strong surge in annual profits, but warned that profitability will fall back this year amid soaring inflation. Plus, on a busy morning, updates from Unilever, DS Smith, Carlsberg and more.
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NewsMedia Bites 28 April: Boots, Import tariffs, Kellogg’s
India’s second-richest man Mukesh Ambani and US buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots
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NewsWyke Farms owner warns UK is ‘sleepwalking’ into grain shortage
The problem will be exacerbated by the lack of “intervention stores” in the UK and Europe designed to be used if food runs out
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NewsKellogg’s takes government to court over HFSS promotions ban
Kellogg’s claims the nutrient profiling model (NPM) used to calculate the nutritional value of cereals was not fit for purpose
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Promotional FeaturesHow can food brands design nature positive portfolios?
To successfully tackle the impact of inflation, supply chain issues and the climate crisis, food needs a fundamental redesign. Here’s why it’s more straightforward than you think.
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NewsCity snapshot: WH Smith sales soar on global travel recovery
WH Smith has seen a strong rebound and revenues and moved back into profit as travel retail sales rebounded amid the relaxation of Covid restrictions. Plus updates from Coca-Cola Europacific Partners, Gousto and Nichols.
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NewsMedia Bites 27 April: Reckitt Benckiser, Boots, Lidl
Reckitt Benckiser has begun a sale process for its baby formula business that could fetch $7bn to $10bn
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NewsFood poverty crisis warning as food banks face surge in demand
The Trussell Trust.provided more than 2.1 million parcels to people facing food poverty between 1 April 2021 and 31 March this year
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Comment & OpinionBird housing relaxations are welcome, but egg producers remain at breaking point
BFREPA has warned the tentative end to the disruption caused by latest bird flu outbreak pales in significance to the financial difficulties faced by producers
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NewsPoundstretcher responds to claims it raised prices before launching ‘50% off’ sales
More than 20 shoppers have taken to Trustpilot since 15 March complaining of price rises alongside the 50%-off promotion
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NewsIndonesia dials back ‘shock’ palm oil exports ban
Jakarta said the latest curbs, which kick in this week, would not include crude palm oil
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NewsRapid grocer Jiffy price-matching Tesco.com on 150 products
Price-matched items will be branded and sit across all categories. Matching will be done weekly
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NewsCity snapshot: Grocery sales plunge as inflation hits 11-year high
Supermarket sales plunged by 5.9% in the 12 weeks to 17 April, according to the latest market share data from Kantar, as consumers prioritised value amid soaring inflation
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NewsMedia Bites: M&S, Asda/Morrisons price cuts, Just Eat, Coca-Cola
Marks & Spencer was hit with a downgrade as Deutsche Bank analysts warned the retailer would suffer from the cost of living crisis.
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NewsCoca-Cola’s revenues surge amid Covid rebound and price rises
Coca-Cola has posted strong growth in its first quarter, as volume growth and rising prices more than compensation for mounting costs.
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NewsWaitrose pushes value Essential range with major Piccadilly Circus campaign
The campaign is running from 25 April to 1 May and is expected to reach an audience of over a million people over the course of the week
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Comment & OpinionThe price war is hotting up and Asda and Morrisons won’t be the only ones joining the fight
Both retailers have been struggling in the top four battle of late, and both have new owners trying to put their stamp on their businesses