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Latest Industry News from Food Management Today
Asda warns that “high inflation will put pressure on purchasing power”
According to Asda’s latest income tracker, middle-income families have experienced the first decline in disposable income since September 2023.
Brakes announces support programme for small businesses
Foodservice supplier Brakes has launched an initiative to support small businesses that want to start supplying wholesale.
BRC attributes increased food prices to labour costs and high demand
The British Retail Consortium has highlighted that during the 1st-7th August period, shop price inflation increased to 0.9% on the year.
Waitrose MD to step down in September
James Bailey, managing director at Waitrose, will step down from his position in September, the John Lewis Partnership has announced.
Retailer invests £340m in M&S Food distribution centre
Marks & Spencer has unveiled a £340 million investment in an automated National Distribution Centre, with the aim of doubling the size of the M&S Food business.
Olive oil and butter prices have doubled since 2020, says FDF
The Food and Drink Federation has responded to the latest figures from the Office for National Statistics, finding that ingredient costs have “surged”.
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McDonald’s becomes latest restaurant hit by supply chain issues
The fast-food restaurant chain has experienced difficulties in stocking a number of their branches due to a lack of HGV drivers amid a national shortage.
Supply chain calls for reform on HGV legislation
The British Retail Consortium (BRC) and Logistics UK have written to Business Secretary Kwasi Kwarteng to inform the government of the worsening impact of driver shortages across the food supply industry.
Hauliers ‘avoiding’ food industry due to Brexit-related admin
Almost a third (31%) of haulage companies said they were having to avoid working with the food and drinks industry, due to increased checks and admin.
Welsh Affairs Committee’s report on Australia FTA welcomed by CIEH
“We share many of the concerns raised”, the CIEH has stated in response to a new report from the House of Commons’ Welsh Affairs Committee on the UK’s Free Trade Agreement with Australia.
Arla experiencing “driver shortage crisis”
Major dairy supplier to supermarkets Arla has been hit by the national HGV driver shortage, resulting in some delivery shortfalls.
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