Jooste: Pressure is on, and savvy supermarkets are pivoting to meet economic challenges
Since the fall of 2021, the food chain has seen rising costs due to several factors, starting with logistical disruptions and speculation caused by the ongoing coronavirus pandemic, followed by a post-COVID scarcity of human resources, and recently the outbreak of war in Ukraine. Subsequent sanctions against Russia drove up energy prices and heavily affected […]
Report: UK facing salad crisis because of rising costs, vegetable shortages
An untimely combination of adverse weather and price surges is leading to a shortage of fresh produce and a “salad crisis” in the UK, The Guardian reports. The publication states that February’s consumer prices index (CPI) rose to 10.4%, driven by rising costs in items such as drinks, eating out and fresh food. Poor weather conditions have […]
Morrisons building partnerships with independents who have ties to local produce
Supermarket chain Morrisons announced it will be opening six new stores in a partnership with independent retailer Jempson’s that specialize in “championing local produce.” Under the “Together with Morrisons” brand, the first of the bunch will be located in Peasmarsh, East Sussex, where the supermarket is promising far more direct sourcing of fresh fruits and […]
Global Cherry Summit, the sector’s premier event, will bring together leaders in April in Chile
The Fourth Global Cherry Summit is set to take place on April 20, 2023, at the Monticello Conference Center in San Francisco de Mostazal, Chile. The summit will bring together more than 900 leaders and international business people from at least a dozen countries, including key cherry producing regions, along with more than 70 businesses sponsoring and exhibiting. The diverse […]
Jim Prevor: Captain of conscience
Jim Prevor was my friend. He is not a mere casual acquaintance, industry colleague, business associate, media contact, or fellow board member, but a true friend. One who is honest, straightforward and direct in all his support. Above all, he always told you the truth, no matter how brutal or discouraging it might be. Upper […]
Aldi’s sales, market share rise again and it is looking for more
Most of the British supermarket chains saw increased sales during the 12-week period to 19 February, but one of them continues to make more of a splash than the rest. Aldi eclipsed its previous benchmark for market share against competitors and now stands at 9.4%, firmly in fourth place behind juggernaut Tesco, Sainsbury’s and Asda. […]
Borough Market celebrating International Women’s Day with free virtual masterclasses
Across its 1,000 years, there has been a noticeable changing of the guard, if you will, at Borough Market. Its iconic and teeming stalls and businesses have seen more women running them. In fact, the number is now at 30%, a testament to the movements made by the market and to those who are leading […]
Grocery price inflation in UK tops 17%, stunning even Kantar analysts
Just when it seemed British supermarket consumers were making slight gains against inflation, new data released by Kantar Worldpanel shows they are not. In fact, their positions are worse than ever. Kantar revealed that in the month leading up to 19th February, grocery price inflation soared to a staggering 17.1%, the largest its analysts say […]
