BRC warns food price rises on the way
A report by the British Retail Consortium (BRC) suggested that consumers were likely to see food prices increase later this year as cost pressures and Brexit red tape hit suppliers.
A report by the British Retail Consortium (BRC) suggested that consumers were likely to see food prices increase later this year as cost pressures and Brexit red tape hit suppliers.
Customers are heading back to high street shops and driving a growing demand for on-the-go food, according to a member survey by Scottish Bakers.
According to the latest Shopper Confidence Index from IGD, shopper confidence has risen to its highest level in the last five years, driven by the further easing of lockdown restrictions, a sharp decline in Covid-19 cases and the rapid rollout of the vaccination programme.
Tesco has called on the food industry to take “collective action to achieve transformative change” as part of its climate manifesto ahead of this year’s COP26 Climate Change Summit in Glasgow.
The rapid adoption of technology will allow supermarkets to reduce food waste and drive ever greater customer loyalty, according to Mel Smith CBE, Ocado CEO and speaker at the 2021 City Food Lecture.