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 […]
Leaning on ‘quality’ and Food, M&S is big winner during the Christmas period
Despite the admitted challenges and competition facing big retailers in the UK, especially the rise of deep discounters, some are doing quite well. Marks and Spencer, which had its share of struggles before and during the COVID-19 pandemic, has shown particular resilience with a stunning 7% boost from its M&S Food Division during the Christmas […]
Global Trade Symposium: Building an efficient, affordable future in produce
The New York Produce Show and Conference kicked off with the annual pre-show Global Trade Conference, Dec. 5. In his opening remarks, moderator Gustavo Yentzen, chief executive, The Yentzen Group, laid the day’s foundation. “We have come to learn, share, increase our understanding, provide information, address mutual challenges and opportunities, and hopefully leave in a much […]
Chile teams with Peru to tackle industry issues at Global Grape Convention 2024
For the first time, organizations from Chile and Peru will meet at the Global Grape Convention 2024, to seek solutions to the problems facing the grape sector, as well as provide market information. Grape producers and expoters worldwide have experiencedchange and stress: marked by “climatic factors, the COVID-19 pandemic, logistical issues in origin and destination, […]
