All Inflation articles – Page 27
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News
Tesco buyers ‘backtracking’ on fulfilment fee request
The supermarket is holding face-to-face meetings with suppliers over its controversial plans for a new fulfilment fee
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City News: Shares recovery at Fever-Tree on investor optimism for 2023
Fever-Tree shares are 35% down year on year and more than 55% down since the start of 2022 Fever-Tree shares jumped this week, despite a heavy fall in annual profits. Investors breathed a collective sigh of relief on assurances its profits this year would be in line ...
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Media Bites 24 March: Inflation, Fortnum & Mason
It is a very quiet morning in the papers in terms of grocery news.
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City 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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Sainsbury’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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Meat-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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Pilgrim’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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Media Bites 23 March: John Lewis, Fever-Tree, inflation
John Lewis keeps making headlines amid reports of its plan to sell a minority stake.
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News
Salad 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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City snapshot: Fever-Tree profits hit by soaring inflation as UK sales fall
Profits have declined at Fever-Tree as inflationary pressures squeezed margins and sales in the UK market shrank as consumers cut back spending to cope with the cost-of-living crisis. Plus, surprise jump in UK inflation as veg shortages push food prices 18% higher.
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Space Raiders prices rocket as KP Snacks passes on cost increases
Retro snack brand owner says retail prices are set by retailers but it has to pass some increases on to stay competitive
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Food 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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Morrisons 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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Further dismay for growers as they continue to be omitted from energy support scheme
NFU president Minette Batters said she was at her ’wit’s end’ with the government following its budget announcement
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Aldi once again set to be highest-paying supermarket
The latest pay rise is the second for Aldi shopworkers so far in 2023
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Nestlé 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 Features
How 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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News
Russian white fish tariff ‘has not worked’ say chip shop owners
The 35% tariff on fish sourced from Russia and Belarus after the former’s invasion of Ukraine ‘had not worked’, said Andrew Crook, of the National Federation of Fish Friers
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News
Shortages of fruit & veg linger despite end to restrictions
The traditional big four has had lower than normal levels on core tomato, cucumber and pepper lines following significant shortages last month, analysis of Assosia data has revealed
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Cadbury Dairy Milk shrinks Giant Buttons packs by 23%
At the time of writing, Tesco and Asda were selling the new packs at £2 – the same shelf price as the previous size, according to Assosia data