All Inflation articles – Page 8
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Comment & OpinionHow 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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NewsProducers 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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NewsLidl 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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NewsArla 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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NewsHeather 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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NewsWyke 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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NewsTurkey 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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NewsInnocent 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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NewsYeo 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 TrackerAptamil 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 & OpinionWe 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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NewsMajor 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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NewsCity 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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NewsAldi 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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NewsBernard 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’
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Grocer 33Asda price match move makes it cheapest as inflation falls to 2.9%
The Leeds-based supermarket last week became the first operator to price match both Aldi and Lidl
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NewsMüller UK&I sinks to £6m loss in 2022 as inflationary pressures bite
A £25.8m operating profit in 2021 swung to a £5.9m operating loss in the year to 31 December 2022, its latests accounts have shown
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NewsTesco launches new year price cuts across 150 food staples
The move comes following Tesco’s announcement yesterday that it is allowing customers to earn double Clubcard points when they shop for the next seven weeks
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NewsTesco launches biggest double Clubcard points promotion in a decade
The move will allow customers to double the value of rewards with more than 100 Clubcard partners