All Inflation articles – Page 32
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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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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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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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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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Comment & 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
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 & 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
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Comment & Opinion
Has food price inflation peaked? It’s the wrong question to ask
It seems the concerted efforts of supermarkets and suppliers to keep prices down is having an impact
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Analysis & Features
How is Valeo Foods performing for Bain after £1.5bn buyout?
Acquisitions are now more complex and the debt mountain is €1.6bn
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News
Four pints of milk reaches all time high price point
A fresh wave of milk price increases has been implemented in the mults, with some products now more than 70% pricier than a year ago
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News
Tesco launches Spotify-style Unpacked tool for Clubcard holders
Clubcard Unpacked 2022 comes with Tesco recording a massive 20% increase in loyalty members in the past year
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News
Not enough fruit and veg in UK to meet 5 a day target, says new research
The research from the group found the total UK supply of fruit and vegetables before food waste amounted to 367g per day compared to the 400g intake recommendation
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News
Aldi raising minimum pay for warehouse workers again from next month
It follows two raises for Aldi warehouse workers in 2022 and means they will earn 20% more than in January last year