All Inflation articles – Page 82
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Comment & OpinionInflation and supply chain shortages threaten global food security
Government shows little sign of appreciating the strategic importance of food security for the world as a whole, says Andrew Kuyk, director general at Provision Trade Federation
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NewsWing Yip profits soar by 75% to reach £11m in 2021
The company, which specialises in supplying Chinese and oriental groceries, recorded a pre-tax profit of £11m, up from £6.3m in 2020
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NewsAsda DC workers vote on support for industrial action amid sick pay row
In February an overwhelming majority voted to reject base rate increases to warehouse and clerical staff
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NewsCity snapshot: Revenues soar as Hilton Food Group diversifies further
Meat and fish supplier Hilton Food Group has reported a surge in revenues and profits as it extended its reach across protein categories around the world. Plus, trading updates for Imperial Brands and Distil.
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Comment & OpinionMorrisons’ results put CD&R under pressure with refinancing mission
Clayton Dubilier & Rice must show they can invest enough to stop the retailer being left behind by its rivals
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NewsBooker to freeze prices on 250 catering lines until the end of May
Booker is to freeze the prices on more than 250 of its popular catering lines until 31 May. Items subject to the price freeze include pork shoulder, beef joints, boneless turkey and premium chips. The retailer said it was keen to include roasting joints as part of ...
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NewsMorrisons new owners look to speed up refinancing despite profits warning
Sources said despite the gloomy predictions in the update given yesterday, it had “cleared the way” for CD&R to seek bank support to refinance more than £6bn of short-term borrowing
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NewsIceland trials lower free delivery threshold to combat cost of living crisis
The retailer is lowering the minimum order value for its free next-day delivery service
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NewsMorrisons warns on impact of inflation and ‘geopolitical environment’
Private equity owned Morrisons has warned its profits will come under pressure from mounting inflation and the situation in Ukraine.
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NewsMedia Bites 5 April: Morrisons, inflation, Ferrero, M&S
The new owners of Morrisons have given the green light to plans to sell a £500m property portfolio, while the supermarket warns its profits are likely to take a significant hit this year as the cost of living crisis and disruption due to the war in Ukraine weigh on the grocery market.
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NewsUpfield UK bounces back into profit but warns on plant oil prices
The UK arm of Flora owner Upfield bounced back into profit in its first year of separation from former owner Unilever, but warned over the impact of soaring plant oil prices
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NewsEnergy price spike and supply chain strain hits food harder than other industries
War in Ukraine had made a bad situation worse, according to an ONS survey
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Category ReportAre veggie BBQs being left on the shelf? Barbecue category report 2022
Plant-based is struggling to nail the barbecue occasion despite success in wider grocery. How are meat-free players responding?
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Category ReportThe rise of the restaurant-style BBQ: barbecue category report 2022
Forget dusty old grills. Brits are investing in premium barbecue equipment and getting ever more adventurous in their cooking
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Category ReportHow Boots bounced back from the pandemic: personal care category report 2022
As Covid restrictions ease, the high street pharmacy has regained personal care share. What can the supermarkets learn from it?
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NewsMedia Bites 4 April: Boots, Lottery, M&S/Ocado
The American owner of Boots has offered to retain a stake of up to 30% in the pharmacy chain to smooth the path towards a £7bn sale
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NewsCity Snapshot: Consumer confidence plunges rapidly in face of soaring prices
Rampant inflation has sparked a record decline in consumer confidence, with the pent-up demand in discretionary spending disappearing as the cost of living soars, according to a new survey.
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NewsIPN revenues hit £120m following CapVest deal
Inspired Pet Nutrition, the UK’s largest manufacturer of dry petfood, saw further double-digit growth last year as it was snapped up by the private equity player
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NewsCity News: AG Barr propelled above pre-Covid levels as hospitality reopened
The resurgence of the leisure sector and out-of-home consumption helped propel Irn-Bru maker AG Barr back above pre-Covid levels
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NewsDiscounters win share from big four as shoppers prioritise value
The discounters are once again rapidly taking market share from mainstream grocers as soaring food prices push consumers to prioritise value and own-label products