All Inflation articles – Page 52
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NewsKraft Heinz pushes through price increases to manage inflation
The US group pushed up prices more than 12 percentage points in its second quarter, which helped sales beat Wall Street expectations.
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NewsVimto maker Nichols with ‘encouraging’ growth despite inflationary pressures
The boss of Nichols has hailed the drinks group’s first-half performance in the face of challenging inflationary headwinds, with Vimto making further market share gains and the out-of-home channel moving back above pre-Covid levels for the first time.
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NewsCooling costs for cereals growers on rise after heatwave makes grain too hot to store
The NFU has warned that cereal growers are having to spend more on cooling costs as temperatures rise adding to soaring input costs
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NewsFood price inflation accelerates to 13-year high
Food prices have hit a 13-year high as spiralling production costs piled more pressure on the grocery sector, according to the latest industry data.
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NewsCity Snapshot: Danone and Reckitt Benckiser beat expectations thanks to price rises
Reckitt Benckiser and Danone have continued the trend of stronger-than-expected sales growth from big consumer groups fuelled by hefty price rises. Plus, trading updates from Haleon and Parsely Box, Q2 numbers from Mondelez, first-half results from British American Tobacco and Nichols, Q1 figures from Rémy Cointreau, and the latest shop price index from BRC and Nielsen.
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NewsNisa CEO promises overhaul of cost structure in bid to boost retailer appeal
Michael Fletcher committed to reviewing the key distribution contact with DHL, Nisa’s office function, retailer rebates and the price of Co-op own brand
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NewsCoca-Cola sales fizz higher as prices rise
Coca-Cola has outperformed expectations and raised its full-year forecast as demand for its portfolio of drinks held up in the face of rising prices.
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Comment & OpinionScrapping the Groceries Code Adjudicator? A terrible idea
A transfer of responsibilities to the CMA won’t save costs, won’t be more efficient, and will be less effective, says Ged Futter, director of The Retail Mind
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NewsAmazon hikes Prime membership fee to £8.99 per month
The monthly fee for Prime has increased by nearly 12% and the annual fee by 18%. The subscription had cost £7.99 monthly and £79 a year
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NewsMorrisons donates £100,000 of food to holiday clubs
Morrisons said its community champions would work with local holiday clubs to identify the foods they needed the most
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Comment & OpinionIs it realistic for food brands to slash marketing in the cost of living crisis?
It’s clear businesses have a role to play in cutting costs, but some ideas present potential long-term concerns, says Les Brookes, CEO at Oliver Wight EAME
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NewsM&S brings back free meal for kids offer as living costs mount
M&S has also rolled out a new hot breakfast menu for children, alongside its hot and cold lunch menus
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NewsAsda reveals record fall in disposable income
Some 20% of UK households now had ‘negative disposable income’
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NewsTesco offers free kids meals in holidays in cost of living move
The scheme will run in all 311 of its cafés from 25 July – 26 August and is available for parents who spent a minimum of 60p on a purchase
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NewsMPs launch probe into food price crisis
The Environment, Food and Rural Affairs (Efra) committee will also assess the government’s National Food Strategy
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NewsOlive oil prices continue to increase in supermarkets
The rises come as the Italian drought causes concerns about upcoming harvests
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NewsCanned soup, beans, pasta and oils key foods behind rocketing levels of inflation in June
IRI data for the four weeks to 2 July 2022 shows the highest leap in prices across UK retailers (not including the discounters) since the start of this year
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NewsDefra kicks off pig supply chain review
The consultation follows a challenging 18 months for the sector, which has faced oversupply, a shortage of butchers and soaring feed costs
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Grocer 33Sainsbury’s keeps a lid on inflation to emerge cheapest in latest mystery shop
It’s the second week running Sainsbury’s had the lowest inflation – helping it to record its first cheapest basket since early May
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NewsMajor supermarkets back UK government’s cost of living campaign
Some deals are a continuation of existing campaigns by retailers, which the government wants to promote under the Help for Households campaign