Three gifts: Remembering a master of the fresh produce industry
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It is with a profound sense of sadness that the news came that Jim Prevor, co-founder and editor in chief of Produce Business, joined his ancestors. He leaves a great legacy of service to his industry and to all of mankind. My relationship with Jim began with his dad, Mike Prevor, of blessed memory. Mike […]
Finland company launches online global fruit trade platform
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A new digital solution by Finnish company Claridock is looking to become an ally to the produce industry by connecting suppliers and buyers globally through an online platform. The Helsinki-based firm welcomed 2023 with the launch of its newly developed solution, which allows constant market monitoring for companies looking to expand their businesses. The tool went […]
Like other retailers, Sainsbury’s gives colleagues hourly pay boosts. Should UK government help, too?
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Joining fellow supermarket chains in a quest to help their colleagues cope with rising costs and inflation, Sainsbury’s announced it is raising pay by 10% for frontline, hourly paid workers. Sainsbury’s has increased pay by a total of 38% for those workers during the past six years, which includes the new infusion of £205 million […]
USDA forecasts decline of apples coming into UK from South Africa
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The UK’s reliance on apples from South Africa is likely to wane in the coming year because of inflation and other factors, according to a new world trade report on apples, pears and table grapes from the United States Department of Agriculture. The USDA says “shipping delays” combined with stagnation on investment because of increased […]
Tesco begins process to replace outgoing chairman John Allan
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British retailer Tesco recently shared that it is preparing to find a replacement for John Allan, who is set to step down as chairman in 2024, Sky News reports. The role is one of the FTSE-100’s most prestigious boardroom posts, according to the outlet. As per UK corporate governance rules, Allan will be ‘timed out’ in just […]
Aldi reveals Christmas Super Six deals for 19p, and they are all vegetables
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Aldi is at it again. Although the discount retail chain still trails the top three UK supermarkets in terms of market vue by a large margin, its continual low price points are drawing in new customers. As Kantar noted in its most recent release of grocery sales here, they have been outpacing their rivals by […]
Could slight ease of inflation mean brighter Christmas for supermarkets?
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Late last week, the UK supermarket sector received some positive news from Kantar’s Worldpanel division heading into the Christmas holiday: the slight decline in the rate of inflation led to a nearly 6% rise in grocery sales in the previous 12 weeks. That was its best performance since March 2021. With inflation still hovering at […]
European ports finally making a comeback after COVID declines
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After almost three years, freight levels at ports across the EU are slowly returning to their pre-pandemic state. Port Strategy reports that total weight of goods handled has recovered by 4% to 3.5 billion tonnes in 2021. During 2020, EU ports saw a decline of 7% in cargo compared to the previous year. While volumes still haven’t […]