All Cost of living crisis articles – Page 36
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Comment and Opinion
Is greedflation really happening in food and drink?
Hundreds of food and drink suppliers are pushing through price hikes, and inevitably, somewhere along the line, some will take advantage
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News
Demand for food from social supermarket doubles amid cost of living crisis
Community Shop works with the fmcg industry to redistribute surplus stock that might have otherwise gone to waste
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News
Potts says vertical model made it harder for Morrisons to keep prices down
A lack of competitiveness on price was a key reason for a 4.2% fall in like-for-like sales in the 52 weeks ending 30 October 2022
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Comment and Opinion
Don’t misunderstand John Allan’s supplier comments: he was bang on script
Allan’s comments about suppliers would seem to reflect the corporate view, says Ian Wright, outgoing co-chair of the Food & Drink Sector Council
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News
Shrinkflation hits Warburtons Soft Pittas
Consumer testing found people favoured paying the same for fewer pittas, rather being charged extra for the original five-pack
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Comment and Opinion
Why 2023 is the year of ‘back to basics’ and collaboration
Our industry will weather 2023 better if we look at what our shoppers tell us through their spending and response to change, says Steph Cullen, head of manufacturing at IRI
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News
Morrisons sales fall 4.2% but CEO Potts claims fightback is working
Group revenue for the year was up 2.2% from £18bn last year to £18.4bn, and Potts said sales had been on a “steadily improving trend”
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News
Asda slashes night shifts in cost-cutting move affecting thousands
A consultation with staff began this week and Asda stressed the overall level of store hours would be unaffected, though it could not rule out redundancies
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Reports
Cut-price roasts loom for this year’s Easter
Easter isn’t only for gorging on chocolate eggs, hot cross buns and the like
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News
2 Sisters set to close Llangefni factory with more than 700 jobs at risk
The poultry giant said the decision to shutter the plant was a response to the ‘continuing’ cost challenges facing the sector
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News
FareShare breaks food surplus record but still can’t meet demand
FareShare told The Grocer it had received almost 3,300 tonnes of surplus food during the month from retailers and suppliers
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News
City snapshot: UK retail footfall steadily improves in 2022 but remains below pre-Covid levels
Footfall across UK retail destinations remains significantly lower than before the pandemic but improved steadily throughout 2022, a new report has revealed.
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Comment and Opinion
Fruit & veg shortfall is the product of a vicious cycle
Depleted supply leads to more expensive produce, resulting in reduced purchases from the consumer, and so on
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News
Sysco extends partnership with food charity City Harvest
City Harvest will collect surplus food from Fresh Direct, Wild Harvest, and Brakes’ London depots several times a week
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News
Deal values plunge as inflation and lack of debt hit M&A
Deal values in the food and drink industry slumped in 2022 as suppliers battled spiralling costs, consumers cut back on spending and private equity firms had a harder time securing debt for M&A, according to a new report.
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Comment and Opinion
Is there any truth to Tesco chairman John Allan’s inflammatory inflation claims?
Are suppliers really profiteering from inflation?
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News
Apple growers stop planting as cost of production soars
The growers group carried out a survey of its members and found that 150,000 new apple and pear trees have been cancelled this season
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News
Tesco chairman faces backlash after accusing suppliers of cost of living ‘profiteering’
NFU president Minette Batters led the backlash against Allan’s remarks, saying she was “baffled”
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News
Thousands of firms to go bust without energy bailout rethink
Earlier this month the government announced a £5.5bn package of support, due to come in from April, as part of a drastic scaling back of help for companies
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News
Morrisons launches second wave of January price cuts
The supermarket has already cut the price of 130 of its Savers products this year