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News
1991 grocery receipt reveals NZ wage-cost pressure
12+ hour, 43+ min ago (508+ words) The result was $93.17, nearly $20 above the inflation-adjusted figure. For employers, that gap is not a household curiosity. It is a preview of the wage demands landing on their desks. The divergence is sharpest exactly where New Zealand is a big…...
Kroger cuts forecast as inflation and grocery price war squeeze sales
2+ day, 6+ hour ago (464+ words) Kroger Co. trimmed its annual sales guidance, signaling that heightened inflationary concerns and fierce competition for grocery spending are weighing on the retailer. The company expects comparable sales excluding fuel, which measure stores open at least 15 months, to gain as…...
‘It’s too early’: Grocer Empire refusing supplier requests for tariff price hikes
2+ day, 17+ hour ago (454+ words) Fewer food items are seeing price increases related to tariffs despite the escalating trade dispute between Canada and the United States, executives from grocery chain Empire Co. Ltd. say. “It is minimal impact on our business this time around,” chief…...
Embarrassment as Scottish government receives ‘zero support’ for price cap plan
3+ day, 3+ hour ago (428+ words) The food and drink industry and food poverty campaigners have delivered an emphatic message to the Scottish government: plans to cap the price of essential supermarket items simply won’t work. According to one source, the government achieved an unintended first…...
Scrap food price cap and focus instead on reducing costs in supply chain??? CBI
3+ day, 15+ hour ago (341+ words) The Scottish Government launched a consultation on its plan to cap the price of some household staples during the summer recess. The Scottish Government’s planned food price cap “won’t work”, the head of a leading business body has said. John…...
Aussies to cop supermarket shock over the next six months
3+ day, 6+ hour ago (750+ words) Aussies may soon be paying more for groceries, electricity and insurance as weather patterns like El Niño and rising temperatures threaten to drive up costs. The Bureau of Meteorology officially declared an El Niño event in June, and it has…...
Your £100 food shop could soon cost nearly £150 – here’s what’s getting pricier
3+ day, 5+ hour ago (15+ words) The Independent...
Scrap food price cap and focus instead on reducing costs in supply chain – CBI
3+ day, 15+ hour ago (320+ words) The Scottish Government’s planned food price cap “won’t work”, the head of a leading business body has said. John Swinney announced the move during the campaign for May’s election, with a consultation having been launched on capping the cost of…...
Scrap food price cap and focus instead on reducing costs in supply chain???? CBI
3+ day, 15+ hour ago (320+ words) The Scottish Government’s planned food price cap “won’t work”, the head of a leading business body has said. John Swinney announced the move during the campaign for May’s election, with a consultation having been launched on capping the cost of…...
Food prices warning as cost of £100 shop forecast to hit £147.50
4+ day, 7+ hour ago (553+ words) Food inflation is expected to climb to almost 4% by Christmas before reaching 6.4% next July, with conflict, extreme weather and rising production costs piling pressure on supermarket prices. The warning comes from the Food and Drink Federation (FDF), which represents around…...