All Retailing articles – Page 3
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NewsGovernment "must reduce regulatory burdens" as inflation falls - FDF
The Food and Drink Federation (FDF) has responded to the latest Office for National Statistics (ONS) figures on food price inflation in January 2024.ONS reported that food inflation had fallen for 10 consecutive months.The latest ONS figures show that the consumer prices index (CPI) remained unchanged at 4% in January, ...
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NewsAldi offers the most Scottish meat products - Shelfwatch
The Scotland supermarket Shelfwatch survey carried out by independent researchers on behalf of National Farmers' Union (NFU) Scotland has concluded, finding that discounter Aldi offered the largest proportion of Scottish produce overall.The survey found that Aldi had the largest percentage of Scottish produce overall.A total of 71 stores across Scotland ...
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NewsMorrisons reports "steady progress" as trading results show sales increase
UK supermarket Morrisons has released its trading update for Q4 and the full year 2022/23, reporting total revenue of £14.9 billion.Morrisons reported "strong progress" throughout the year on price competitiveness.The retailer said that the full year total revenue excluding fuel was up 2.7%, with like-for-like (LFL) sales up 1.8%. Its ...
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NewsGrocery inflation continues to fall as plant-based sales drop
Kantar has released the latest data regarding the grocery market and consumer spending habits, revealing that grocery price inflation fell in January while own-brand plant-based sales dropped.The overall trend in offers was up on the year, as McKevitt said retailers "pulled the price lever especially hard in December" to attract ...
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NewsSainsbury's boss takes over as IGD president
Jason Tarry, CEO of UK & ROI Tesco Plc, will step down from his role as president of the Institute of Grocery Distribution (IGD) to make way for Sainsbury's CEO Simon Roberts, reported IGD.Simon Roberts, Sainsbury's CEO and incoming IGD president.Roberts will assume presidency of IGD on 1st March 2024 ...
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NewsMorrisons to improve chicken welfare standards by November 2024
UK supermarket Morrisons has announced that by November 2024 all of its own-brand fresh chicken will be grown with over 20% more space than the industry standard of 38kg/m2 as part of its "journey to improve and enhance animal welfare standards".Morrisons is aiming to grow all of its own-brand chicken ...
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NewsM&S and Tesco report "strong" performance over festive period
UK retailers M&S and Tesco have released their 2023/24 trading statements, with both reporting "strong" growth.Both retailers reported strong sales over the Christmas period.M&S and Tesco both reported strong volume growth, with M&S reporting a 7% increase in Q3. Tesco said it showed particular strength in its fresh food category, ...
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NewsOghma food outlook highlights cost pressures for 2024
London-based finance advisor Oghma Partners has unveiled its 2024 outlook with a list of considerations for the food and beverage sector from partner Mark Lynch.Oghma cautioned that consumers may switch to purchasing more own-label products in 2024.In the outlook, a range of predictions for 2024 were covered, with Oghma reporting ...
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NewsFarmison & Co reopens Ripon store
Online butcher Farmison & Co has confirmed that it will relaunch its 'Cut by Farmison' butchers counter in Ripon in December 2023.L-R: Paul Minett and Andy Adcock at the Farmison Ripon 'Cut' store.The full reopening of its Ripon butchers counter and click and collect point comes as Farmison completed the ...
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NewsWaitrose reports increased sausage sales in new report
UK retailer Waitrose has published its 2023/24 Food and Drink Report, observing a 34% increase in its own-label sausage sales.Sales of the Waitrose Essential Pork Sausages were up by 34% compared to the previous year.Waitrose surveyed 2000 UK adults, finding that 32% of shoppers were turning to more classic dishes ...
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NewsMore consumers to pick alternative roasts this Christmas
According to the Agriculture and Horticulture Development Board (AHDB), shoppers may be more likely to purchase "cheaper meats" like gammon and chicken over the traditional turkey this Christmas.AHDB predicts a rise in consumers opting for gammon and chicken instead of turkey this year.The AHDB has predicted that due to cost-of-living ...
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NewsSustainability update shows Dawn Meats saved 885 tonnes of plastic
Dawn Meats has announced that it has saved 885 tonnes of plastic in the last two years as part of a 15% reduction in plastic use across its rigid trays, films and flexibles used for retail packaging.Niall Browne, CEO of Dawn Meats with Gill Higgins, sustainability director at Dawn Meats.A ...
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NewsAsda reports £5.4bn revenue after lowering the price of 600 products
UK retailer Asda has reported its Q3 trading performance for the last three months to September 2023. The supermarket reported revenues of £5.4 billion.Asda reported Q3 revenue of £5.4 billion.Within the report, Asda said that like-for-like food sales increased by 3.2% during Q3 compared to 2022, with the retailer attributing ...
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NewsVegan products to be sold at same price as meat counterparts in Lidl Germany stores
Lidl Germany is adjusting the pricing of products in its vegan own brand Vemondo range to align the prices with that of its comparable meat products.Prices of the Lidl vegan brand Vemondo will be changed to reflect the pricing of meat products.The Vemondo range was introduced by Lidl in 2020, ...
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NewsSainsbury's launches lower carbon beef range
UK retailer Sainsbury’s has launched a new Aberdeen Angus range which offers a 25% lower carbon footprint compared to industry standard, making it "the largest low carbon beef range ever produced in the UK."Sainsbury's has worked closely with ABP to increase efficiency in its cattle management and breeding.Sainsbury’s developed the ...
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NewsSupermarkets are not passing rising costs onto consumers, says CMA
The latest report from the Competition and Markets Authority (CMA) has found that supermarket competition issues have not been driving food price inflation up.Rising supermarket costs have not been fully passed on to customers.The CMA has assessed how retail competition is working in the UK grocery sector, focusing on the ...
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NewsSupermarkets ramp up discount deals as inflation falls
Spending on promotions has gone up for the first time in two years, now accounting for just over a quarter of the total market at 25.2%, according to Kantar's latest research. Grocery price inflation has fallen to 14.9% in the four weeks to 9th July 2023.Grocery price inflation has seen ...
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