The war in Ukraine has created chaos as the supply chain which is crippling farmers across the UK as “ridiculous fertiliser prices” has soared from £300 per tonne to £1,000.… The post UK is in crisis as we are ‘sleepwalking into food shortages and that’s a fact’ as farmers ‘turn down production’ appeared first on…
Supermarkets across the UK are no rationing cooking oils as the Russia-Ukraine war has caused supply chain issues which has seen “sunflower oil” going “up by 1,000%.” The BBC has… The post ‘Sunflower oil has gone up 1,000%’ amid Russia-Ukraine war forcing supermarkets to ration cooking oil across the UK appeared first on London Business…
Today’s Office for National Statistics (ONS) retail sales figures for March make grim reading, says the home delivery expert ParcelHero. Retail sales tumbled -1.4% in volume against February’s figures, with… The post Shoppers spent more to buy less in March, as inflation and fuel costs soared appeared first on London Business News | Londonlovesbusiness.com.
Supermarkets have been accused of suffocating “businesses” and putting “cheap food marketing tactics” above the needs of farmers. Egg farmers have now threatened to stop all production if supermarkets do… The post Farmers threaten to stop egg production over prices as supermarkets are ‘suffocating businesses’ appeared first on London Business News | Londonlovesbusiness.com.
Amazon’s most recent quarter profit announcement smashed expectations leading to its stock soaring by 15%. It is a trend showing no sign of slowing. Amazon is predicting a strong start… The post Amazon’s rocketing growth is burning all of us, it’s time to fight back appeared first on London Business News | Londonlovesbusiness.com.
Embedded finance is picking up steam across Europe’s retail and eCommerce sector, with over half (56%) of retailers surveyed intending to either increase their offering (34%) or to start offering… The post Embedded finance takes off across Europe, with 74% of retailers jumping on board appeared first on London Business News | Londonlovesbusiness.com.
Retail sales fell 0.3% in Feb 2022, the Office for National Statistics show. Over three months prices have risen 7.2% while 51% of adults say they’re spending less on non-essentials… The post Price rises start to take toll on retailers appeared first on London Business News | Londonlovesbusiness.com.
For a company that has a habit of under-promising and over-delivering, the market has shown disappointment at Next’s downgraded sales guidance for its current financial year. It’s not to say… The post Next downgrades guidance appeared first on London Business News | Londonlovesbusiness.com.
Supermarket shelves across the UK are no longer selling free range eggs amid the “largest ever outbreak” of bird flu due to wide measures introduced to tackle the avian flu.… The post Free range eggs no longer sold in UK supermarkets due to the ‘largest ever outbreak’ of bird flu appeared first on London Business…
Aldi has been named as the UK’s lowest-priced supermarket by trade magazine The Grocer, in its independent price comparison survey. Aldi retains its unbeaten record as it returns as the… The post Aldi retains its unbeaten record as it returns as the ‘guest retailer’ appeared first on London Business News | Londonlovesbusiness.com.
