Kellogg is bracing for at least another six to nine months of volatility as it continues to grapple with supply chain constraints, inflation and labor shortages, but it also is optimistic about upcoming innovations and opportunities embedded in new consumer...
Facing higher than previously expected inflation, flavor and spice giant McCormick & Company anticipates raising prices in late 2021 even as it pursues other cost savings and revenue management – a refrain that has been on repeat this year by most...
Despite strong organic sales growth and market share gains in the first quarter, Nestlé’s CEO warned market analysts yesterday against “excessive margin growth expectations,” and cautioned the company could raise prices later this year or early next to...
Greencore’s food-to-go strategy is working well, both at home and in the US, claims ceo Patrick Coveney, as the manufacturer posted half-year group revenue up by 7.5% to £691.6M.
Qatar will see food price inflation of 0.2% for the rest of this year, driven by falling global food prices, with prices rising again in the next two years, according to a new report.
Premier Foods saw branded value sales fall in its third financial quarter (Q3) as the maker of Mr Kipling cakes and Ambrosia desserts was stung by supermarkets losing share to discounters.
Dairy cooperative OMSCo has stepped in to market the organic supply of national rival Dairy Farmers of Britain (DFB) earlier then planned after the group went into receivership last week.
Food inflation in the UK is falling for the first time this year, say the British Retail Consortium and Nielsen, as the grocery market is spurred by greater competition.
The UK is badly positioned to cope with rising food prices because
of its trade deficit causing concerns of a recession, according to
a report by Ernst & Young.
A combination of factors are conspiring to drive up food prices,
particularly in the UK, as harvests have been impacted by severe
weather over the summer and interest rates have been subject to
quick-fire increase.
Retail sales in the UK during July increased by 1.8 per cent on a
like-for-like basis, and showed growth of 4.3 per cent on a total
basis, compared with a year earlier according to a new report from
analyst KPMG and the British Retail...
