Tesco’s sales fall 1.5% as inflation impacts consumer behaviour
Spending might be rising in Tesco’s smaller stores, but it is down slightly in supermarkets and more significantly online in signs that inflation is taking its toll on weary UK consumers. Overall, Tesco reported that sales overall fell by 1.5% in the first quarter of 2022 with the consumer pinch growing as they seek out […]
U.S. research: Ultra avocado shoppers make significant impact on the category
By Alejandro Gavito, Senior Business Insights and Data Services Manager, Hass Avocado Board Marketers and retailers who understand fresh avocado shoppers and their purchase behaviors can create strategies that drive traffic, build loyalty and grow sales of fresh Hass avocados. In the rapidly evolving retail landscape, market dynamics are heavily influenced by shopper characteristics and […]
California Walnut Board and Commission install new chief executive
The California Walnut Board (CWB) and the California Walnut Commission (CWC) have named Robert Verloop as new Executive Director and Chief Executive Officer, effective July 11, 2022. In a statement, CWB’s Executive Committee Chairperson Bill Tos described the board’s excitement about “bring[ing] onboard an experienced strategic leader such as Robert”, stating that “his background will […]
Aldi ranks No. 1 again in the UK in compliance with suppliers
Discount supermarket chain Aldi, a growing favourite among consumers, is also a recurring hit with suppliers despite challenges from inflation and the COVID-19 pandemic. According to a new poll conducted by the Groceries Code Adjudicator (GCA), the retailer is the leader in compliance with the Groceries Supply Code of Practice. It registered a score of […]
Rabobank: Inflation in Europe leading consumers to choose private label
With food prices soaring across the globe, in Europe consumers and food retailers are opting for private label products. According to an article by Rabobank, in Europe, supermarket prices have risen by 7 to 9 percent so far in May and the end is not yet in sight. Given the impact of the current inflation on […]
Return on hustle? Why wholesalers need to invest in both infrastructure and relationships
One of the distinctive characteristics of produce wholesalers that I have seen since joining Top Banana after leaving a Big Four accounting firm in 2020 is the different, yet collaborative, roles we play for shippers, retailers and customers alike. We act as agents to our shippers, partners to our retailers, and suppliers to all of […]
UK Grower of the Year? FPC Fresh Awards will honour one in July
Perhaps at no point in recent memory has there been a more challenging time to be a grower in the UK – with the COVID-19 pandemic, rising costs, labour shortage and weather that has been especially fickle wreaking havoc on farmers and their crops. But the best of the best have shined through, and the […]
Tesco urges start-ups with innovative solutions to enter Agri T-Jam
Agriculture technology start-ups are once again being asked to gather their creative ideas and solutions and enter them into one of the industry’s most unique competitions: the 2022 Tesco Agri T-Jam. The event features seed and early agri-tech inventors pitching their most thoughtful innovations to a panel judge, including a select audience of investors and […]
