Nestlé sales increase as prices rise
Global food manufacturer Nestlé has increased the pricing of its products by 6.5% as its sales increase year-on-year, according to the company’s latest trading figures.
Sainsbury’s announces £5 million investment in supply chain to increase sustainability
Sainsbury’s has pledged to support start-up companies with ‘proof of concept’ technologies that reduces carbon emissions and water usage across the retailer’s operations, as well as the wider sector.
Kraft Heinz raises prices to combat rising costs
Reporting its second quarter results, Kraft Heinz said that it is “anticipating and adapting to changing market conditions” and would manage inflation through “pricing realisation and gross efficiencies.”
Food-to-go market to expect faster than anticipated growth, says IGD
According to the latest figures from the Institute of Grocery Distribution (IGD), this year the UK food-to-go market will be worth £18.9 billion, 3% more than its pre-Covid value in 2019.
Premier Foods acquires meal kit company for £43.8m
Premier Foods, one of the UK’s largest food manufacturers, has agreed to acquire The Spice Tailor, an Indian and South East Asian meal kits and accompaniments brand.
Government launches review of Grocery Code Adjudicator
A review into the effectiveness of the Grocery Code Adjudicator (GCA), which monitors fair practice in the food supply chain between retailers and suppliers, has been launched by the UK government.