Limiting food waste still a work in progress for consumers, retailers in the UK
Self-reported food waste in the UK fell by a more than a percentage point in the six months ending June 2023, but was still high compared to periods during the COVID-19 pandemic. The bi-annual WRAP Food Trends and KPI survey done by the Waste and Resources Action Programme shows that a little more than 20% […]
Waitrose commits to ‘Good Health’ by slashing prices again on fresh vegetables, meats
Britain supermarket price wars are continuing into spring of 2024, with Sainsbury’s cutting prices on 1,000 items and Waitrose reducing the cost of 200 items including fresh vegetables. The major announcement by Sainsbury’s, however, only hinted that it would include “favourite branded products.” The chain didn’t not reveal much more than that and whether those […]
Why the value of ERP software solutions for the fresh produce industry cannot be understated
The fresh produce industry has long been a gut-driven business. This is especially true in multigenerational companies where senior staff’s years of experience and sixth sense often correctly predict a money-making (or losing) market. But times are changing, in the U.S., the UK, Europe and across the globe. “A lot of us in the industry, […]
Good news for retailers: Lower-income families saw significant rise in income in February
The lowest-earning British families saw a growth in disposable income in February for the first time in two and a half years. However, that positive development, revealed in Asda’s monthly Income Tracker, was tempered by this news: Those families still don’t have enough cash to make ends meet. They are still short £68 every month […]
IGD report highlights 10 of the biggest challenges facing the UK food system
Over the next decade, the UK food industry and supply chain will continue to face many of the same disruptions they have in recent years, requiring leaders to be both bold and nimble in their strategies and decision-making. In its latest report “A System Under Pressure: An Overview of Long-Term Risks to the UK Food […]
Chile to host Global Avocado Summit in November, with a sustainability as a major theme
The avocado industry has changed dramatically in the world and, particularly, in Chile. Today there are new supplier countries, growing markets, an increase in local consumption and great challenges such as enhancing the competitiveness of the avocado and promoting progress in sustainability. With that intersecting and current view, the day of the avocado returns: the […]
Race for Resilience: Unlocking growth in a post-pandemic FMCG landscape
Even two years after the pandemic, the Fast-Moving Consumer Goods (FMCG) sector is struggling to return to normalcy, with demand yet to fully rebound. Ordinary categories are increasingly transforming into discretionary ones, and private label persists in grabbing market share from established brands. Consumers, grappling with the impact of inflation, are adopting deal-seeking behavior and […]
Aldi and Lidl putting massive investments behind British vegetable suppliers
Discount retail chains Lidl and Aldi have each bolstered contracts aimed at helping struggling British fresh food suppliers and consumers. Lidl said it is pouring more than £70 million into a three-year deal with suppliers that handle root vegetables, including carrots, parsnips, and swedes. Meanwhile, Aldi said it will be sinking more than £1.4 billion […]