All Retailing articles – Page 4
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QMS provides butchery apprentices with value-added events
Quality Meat Scotland (QMS) has reported that it has provided learning and development opportunities for 24 apprentice butchers across Scotland. Scottish butcher apprentices took part in the event to learn more about value-added products and to share ideas. QMS partnered with butchery businesses to hold educational events ...
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Tesco reports 2023/24 profit of £2.3bn
UK retailer Tesco has announced its preliminary results for 2023/24, reporting a profit of nearly £2.3 billion before tax.Tesco reported "strong sales" as inflation fell throughout the year.The supermarket said it had "strong sales performance across the Group", with retail like-for-like (LFL) sales up 6.8%. Its statutory revenue for the ...
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Britain's Best Butcher's Shop: who will win the title in 2024?
With the Meat Management Industry Awards nomination and voting process well underway, we take a look at one of the programme’s most prestigious awards - Britain’s Best Butcher’s Shop. Last year’s winners Gigli’s Butchers explain what winning the award meant to them. Gigli’s Butchers won the title in ...
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Morrisons unveils new £1.4m innovation centre to improve meat products
UK retailer Morrisons has unveiled a new innovation centre, which it says will improve production of bacon, sausages and cooked meats as part of an investment programme.The Greenside Innovation Centre in Bradford.The new Greenside Innovation Centre, costing £1.4 million, was officially opened by the leader of Bradford Council, councillor Susan ...
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Interest in meat-free products "waning", says AHDB
The Agriculture and Horticulture Development Board (AHDB) has revealed that in January 2024, meat-free products experienced less demand compared to last year.AHDB said that the interest in meat-free products was "waning".The trade body said that in January 2023, it saw "poor performance" for both meat-free and dairy-free products compared to ...
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AHDB designs "optimum" red meat packaging using data from research
The Agriculture and Horticulture Development Board (AHDB) has looked at how producers and retailers can optimise packaging and labelling to "improve shopper purchase intent" for red meat.AHDB produced examples of optimised red meat packaging using the findings from its research.The research, which was undertaken by AHDB in collaboration with consumer ...
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Valentine's Day steak sales up 12% on the year, says Kantar
According to the latest supermarket share update from Kantar, Valentine's Day sales of steak "shot up" by 12% compared to the previous year.The latest Kantar data showed that sales of steak were up by 12% on the year in the seven days before Valentine's Day.The data showed that grocery price ...
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Government "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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Aldi 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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Morrisons 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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Grocery 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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Sainsbury'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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Morrisons 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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M&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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Oghma 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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Farmison & 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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Waitrose 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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More 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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Sustainability 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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Asda 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 ...