All Cost of living crisis articles – Page 42
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NewsCity snapshot: Retail sales return to pre-Covid levels as consumer confidence edges up
Retail sales have jumped by more than expected in February despite the inflationary challenges facing consumers, according to new data published this morning. Plus, consumer confidence also rises in March
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NewsSainsbury’s enters talks with suppliers over future of Lloyds Pharmacy space
The Grocer understands suppliers have been contacted by Sainsbury’s as part of a move to use the space and attract investment
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NewsMeat-free growth tailing off as retailers shrink ranges
The number of meat alternative lines in the traditional big four and Waitrose fell 10.9% during the six months to 20 March
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NewsPilgrim’s Food Masters threatening workers with ‘savage’ fire and rehire policy, says GMB
The union has over 1,000 members at Pilgrim’s, all of whom have been hit with the fire and rehire threat
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NewsSalad shortages fuels surprise jump in inflation as food prices soar 18%
Food price inflation has hit a 45-year high of 18% amid shortages of fruit and vegetables, according to the latest data out this morning
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Comment & OpinionWhy suppliers must support convenience through tough times
The convenience channel is a valuable one and supporting it now can only bear fruit for the future, says Steph Cullen, head of UK CPG at Circana
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NewsFood too cheap to sustain UK production, AHDB chair warns
Nicholas Saphir has said the food sector needs to ‘recognise the elephant in the room’ and reform pricing stategies to increase farmer returns
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NewsMorrisons cuts prices on 500 products in latest move to take fight to discounters
Morrisons said the investments had taken its spending on prices to almost £150m in the space of a few months
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NewsNestlé to pull ‘not viable’ plant-based brands Wunda and Garden Gourmet
The two brands, plus Nestlé’s Middle East-inspired Mezeast range, will disappear from supermarket shelves in Q2
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Promotional FeaturesHow businesses can help consumers cut food waste
With inflation continuing to boom across the market, stretching shoppers’ spending limits, how can retailers inspire shoppers to reduce their household food waste and save money with simple and easy recipes?
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Comment & OpinionBudget fails to alleviate pressure on companies caught in cost of living crossfire
After the chaos unleashed by the mini-budget last November, Jeremy Hunt’s ‘steady as she goes’ budget was not exactly unwelcome – though it left grocery industry participants frustrated that more help isn’t being offered
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Category ReportHow high-end coffees are defying cost of living fears: dairy drinks category report 2023
The likes of Starbucks, Costa and Jimmy’s are so far holding up against cheaper rivals. How is that shifting as finances tighten?
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NewsTesco promises no delists if suppliers refuse fulfilment fee request
The Groceries Code Adjudicator Mark White called for suppliers to come forward if they had evidence that Tesco may have been in breach of GSCOP
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NewsAsda moves to make £1 kids’ meals healthier following criticism
Asda also said it would now offer a free piece of fruit with every kids’ meal in the deal
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NewsQuorn launches first meat free pie to feed the whole family
The pie (rsp: £4/ 680g) will be available from 26 March in Sainsbury’s
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Comment & OpinionJamie Oliver keeps it simple – and cheap – in Jamie’s £1 Wonders
He helped us through lockdown, he helped us celebrate afterwards… and he helped Penguin crank out yet another cookbook. Now Jamie Oliver has another cause
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NewsCity News: Greggs shares under pressure as stubborn inflation eats into profits
It was mixed picture for Greggs this week as the high street bakery chain revealed a 23% jump in 2022 revenues to £1.5bn but a mere 1.9% increase in pre-tax profits to £148.3m as soaring inflation ate into the bottom line.
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Comment & OpinionWhy supermarket bosses are fuming at latest price accusations
Parents are claiming their food is too expensive in latest research commissioned by the Food Foundation
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NewsRapid grocer Getir slashes price on quarter of products
Getir will slash the price of 500 products throughout March
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NewsSoaring production costs to force chicken shortages
Rising production costs in excess of 18% are outstripping retail price inflation