Mars to acquire Kellanova for $35bn
Mars Incorporated will acquire Kellanova for $35.9 billion to expand its snacking offering and reach more consumers across the world.
ONS finds food inflation “continues to stabilise”
The latest ONS figures have found that food inflation rose 1.5% in the year to July – the same rate as that recorded in the year to June.
NFU urges Government to increase self-sufficiency in UK food production
NFU has highlighted the importance of increasing the UK’s self-sufficiency levels to help bolster food security.
British beef to receive £3bn Aldi investment
UK discounter Aldi has announced that it will invest £3 billion with British beef suppliers over the next five years as part of its commitment to UK producers.
Kantar finds supermarket pricing a “mixed picture”
Market research firm Kantar has revealed that supermarket prices rose across 182 product categories, while costs fell in another 89.
Asda reports ‘strong’ online performance as total revenues decline
UK retailer Asda has reported a “robust” online performance “despite a challenging retail environment”.