All Inflation articles – Page 28
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News
Sainsbury’s beats market expectations but pledges continued price investment
Sainsbury’s annual profits beat market expectations and its outlook was rosier than City watchers had feared. However, shares fell on Thursday as the supermarket warned it would continue to invest in price to maintain market share.
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Comment & Opinion
There’s a worrying new trend for brands: deinfluencers
As many as 79% of shoppers believe brands are involved in ‘greedflation’
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News
Media Bites 28 April: Unilever, Sainsbury’s, Amazon
Sainsbury’s and Unilever have both insisted they are protecting shoppers from inflation, amid accusations that some companies are profiteering from the cost of living crisis.
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News
Tesco boss calls for co-operation through cost of living crisis
Tesco CEO UK & ROI Jason Tarry was speaking at the IGD conference yesterday
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News
Anchor and Lurpak reduce block butter pack size
The dairy co-op has started phasing out 250g blocks of its two flagship brands, citing the cost-of-living crisis.
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News
Agricultural inflation easing but farms remain under pressure
The latest research by farm supplies co-op AF showed a fall in average agricultural input costs of 2.6% in the six months to the end of March
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News
Coke bottler CCEP to continue raising prices despite easing inflation
Coca-Cola Europacific Partners has said it will continue to take action on pricing in 2023 despite double-digit price increases in the first quarter
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KVI Tracker
Onion prices soar as bad weather hits harvests
European onion prices have risen by 483% year on year according to Mintec
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Comment & Opinion
Less-than-shocking Which? research into c-stores is a sign of the times
Which? and the Food Foundation’s pricing calls may resonate with the public, even if their findings are based on less-than-robust calculations
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News
Planet Organic founder saves 10 stores with pre-pack deal
Sale follows weeks of intense talks with potential investors after Waitrose ended negotiations to take over the business
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News
Morrisons brings back More card with investment in loyalty-only prices
The card had been dropped in 2021 for the cardless My Morrisons: Make Good Things Happen app
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News
Waas Bakery calls in administrators following cost pressures
Interpath Advisory were appointed as administrator of Walls Bakery Ltd and Saltness Ltd, which traded as Waas Bakery, on 19 April
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Comment & Opinion
Plight of British apples shows ‘rampant profiteering’ is only half the story
The clamour to denounce supermarkets and suppliers for their “rampant profiteering” and “global greedflation” keeps growing
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News
Sainsbury’s drops Arla as own-label milk supplier
Supplier switch comes amid a raft of milk price cuts across the supermarkets
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Analysis & Features
Why retail prices keep rising despite falling commodity costs
The cost of some commodities has fallen by up to 50% in the past year
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News
Media Bites 20 April: Food price inflation, Tesco/Lidl, Nestlé
Food inflation accelerated to a 45-year high last month but the pace of price rises should ease as the year progresses
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News
Canned brands suffer 18% volume sales slump
The squeeze on household budgets had ‘forced consumers to monitor their spending and opt for cheaper options’, said Kantar
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News
Apple growers forced into the red despite supermarket price hikes
Apples are on average 5.8% pricier year-on-year, a figure over seven times higher than the 0.8% increase in returns seen by growers
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Comment & Opinion
The food industry can’t sit back and be villainised for rising food prices
Commentators sympathetic to the government are surmising someone must be taking advantage of our national economic difficulties to make an unrequited profit, says Ian Wright, co-chair of the Food & Drink Export Council
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News
Food and drink insolvencies soar as inflation takes toll
Insolvencies in food and drink manufacturing have soared in the past year as surging cost inflation and falling consumer spending squeezed firms