All Inflation articles – Page 90
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NewsTesco profits soar but supermarket warns over battle to keep prices low as inflation rages
Profits at Tesco have soared £1.4bn higher as sales increased over the past year, but it warned the bottom line would come under pressure in 2022
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Comment & OpinionSainsbury’s wage increase is welcome, but supermarket profit-hoarding is rife
Sainsbury’s wage structure isn’t an isolated example in the wider industry, says Eamon O’Hearn, GMB national officer
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NewsMedia Bites 13 April: Imperial Brands, Deliveroo, National Lottery
US regulators have banned Imperial Brands’ myblu vaping device after a review found there was a lack of evidence they would protect public health
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NewsCity Snapshot: Tesco profits soar as boss Ken Murphy vows to keep cost of weekly shop in check
Tesco profits soared £1.4bn higher as sales increased, but the supermarket giant warned its bottom line would come under pressure in 2022 as it battled to keep prices low.
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Comment & OpinionWar in Ukraine requires us to think differently to safeguard agriculture
Farmers and growers must have confidence their outlays will be repaid, says Terry Jones, NFU director general
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NewsMorrisons hit with credit downgrade over debt concerns following CD&R takeover
Plans to refinance Morrisons multibillion-pound debt pile have been dealt a blow as Moody’s downgraded the supermarket’s credit rating
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Comment & OpinionM&S’s ‘everyday essentials’ price cuts could go a long way to boost its competitiveness
The price cuts mean an M&S loaf of bread now costs the same as its equivalent in Sainsbury’s and Tesco, and is only 1p more expensive than Morrisons and Asda.
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NewsCity snapshot: Deliveroo posts double-digit first quarter growth against 2021 lockdowns
Deliveroo posted double-digit growth in its first quarter despite benefitting from Covid lockdowns last year, although spend per order fell. Plus retail growth slows in March, Parsley Box targets recovery from “tough” year and all the rest of the latest news from the City.
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NewsMedia Bites 12 April: Waitrose, Morrisons, Pret a Manger, M&S
Waitrose has been left £4m out of pocket through its brief tie-up with an insolvent venture set up by one of Ocado’s founders.
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NewsM&S Food invests in Remarksable value range amid soaring living costs
The retailer first launched Remarksable 2019, and ‘now is the right time to go further’, says COO and Food MD Stuart Machin
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NewsLidl trademark points to plans for discounter’s own shipping line
Lidl has filed a trademak application for ‘Tailwind Shipping Lines’ with the EU Intellectual Property Office
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NewsCod and salmon prices leap in first quarter as doubts about Russian exports grow
Mintec data show rises are due to ‘inflationary environment’ and impact of sanctions on Russia
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NewsMedia Bites 11 April: Boots, inflation, Pret a Manger, Asda
The American owner of Boots risks losing billions after the one-time favourite to buy the chemist chain valued the retailer at a steep discount.
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NewsReport defends reformulation programme amid calls for mandatory HFSS targets
An FDF report includes fresh data from Kantar Worldpanel showing FDF members’ products contribute 10% fewer calories to the average shopping basket than in 2017
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NewsJoanna Goff takes over as Morrisons CFO at pivotal time for supermarket’s new owners
Goff has been at the retailer for more than 10 years and replaces Michael Gleeson, who announced his departure last month
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NewsHeating costs add further threat to UK produce sector
Inflationary pressures are driving growers to plant fewer crops
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Category ReportThe craft beer crush: beer & cider category report 2022
High-profile exits from craft beer have raised questions over the future of the movement. Is now the time for consolidation?
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Analysis & FeaturesWhy Oxfam is going beyond the supermarket human rights scorecard
Oxfam’s final human rights table shows the discounters now ahead of all rivals except Tesco
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Grocer 33Asda is cheapest again but rivals are drawing closer
Asda had the highest year-on-year inflation of any of its rivals at 8.3%
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NewsSainsbury’s announces pay rise for outer London staff
The supermarket today said it would pay the real living wage and London living wage to all Sainsbury’s and Argos store workers