
Supermarkets warn prices may rise following Red Sea strikes
UK supermarkets have issued statements warning of potential price hikes as a direct result of the Red Sea air strikes.
UK supermarkets have issued statements warning of potential price hikes as a direct result of the Red Sea air strikes.
Hilton Food Group Plc has reported a “strong” Christmas trading performance and said it is “confident” in the outlook for 2024.
M&S announced its Christmas 2023/24 Trading Statement, revealing that it was the “top performing grocer in volume growth”.
UK retailer Tesco has released its Q3 and Christmas Trading Statement 2023/24, in which it reported “stronger than expected” volume growth.
UK finance advisor Oghma Partners has released its 2024 outlook and considerations for the food and beverage sector.
Asda has reported its Q3 performance over the three months to the end of September 2023, reporting revenues of £5.4 billion.