Morrisons has revealed a rise in sales and profits for the first half of this year in its interim results, released yesterday (September 14), as it sees results from its ‘Fix, rebuild and grow’ strategy.
Groceries Code Adjudicator Christine Tacon has urged food and drink suppliers to familiarise themselves with the Groceries Supply Code of Practice (GSCOP), in order to strengthen their hand in negotiations with retailers.
UK grocery sales have grown 2.9% year-on-year, according to a new report from information specialist Nielsen, as the European grocery market grew at the fastest rate in three years.
Sainsbury has “worked with suppliers” to cut its prices lower than the other big four supermarkets, claimed the retailer in its first-quarter trading report.
Far fewer food and drink suppliers are complaining of abuses from their big retailer customers, according to the results of the annual online survey published by the Groceries Code Adjudicator (GCA) today (June 26).
Country of origin information for food and drink should be displayed by online retailers, just as it is on supermarket shelves, to help shoppers choose British produce, the National Farmers Union (NFU) claims.
The UK food and grocery market is to grow 15% by 2022 to £213bn, according to new research from grocery think-tank IGD, with online being the fastest growing channel.
Chilled foods continue to find favour with UK consumers, it has emerged, following news from temperature-controlled food specialist Rick Bestwick that it is handling more chilled products than ever before.
Morrisons reported a 3.4% rise in group like-for-like sales, excluding fuel, in its first-quarter trading update, as chief executive David Potts again thanked the supermarket’s team of food makers and retailers.
Marks & Spencer (M&S) has set out plans to trial its own online food shopping service, as it prepares to compete with the industry’s leading online food retailers.
The Groceries Code Adjudicator (GCA) Christine Tacon has insisted there is “no evidence” of late payments by supermarkets to their suppliers, despite the Food and Drink Federation (FDF) arguing the complete opposite.
The future of the Groceries Code Adjudicator (GCA) Christine Tacon and the Groceries Supply Code of Practice (GSCOP) has been put in doubt because so few investigations had been undertaken since they were both set up, a food and drink sector insolvency...
Supermarkets charging for forecasting errors, consumer complaints, margin maintenance, payments to remain listed – or being delisted without sufficient notice – or for better positioning instore and delayed payments, are some of the top problems raised...
Amazon could target the UK next for its drive-thru grocery stores, following reports that the online retail giant planned to open its first drive-thru in Seattle in the US, it has emerged.
Morrisons is seeking at least 200 new British food and drink suppliers, it revealed today (February 17), after a report claimed only 52% of food eaten in the UK came from British farmers.
Tesco says its £3.7bn merger with food wholesaler Booker will give suppliers “a broader market opportunity and strong growth prospects”, claiming the deal will create the “UK’s leading food business”.
The 12-week notice period commonly used for terminating retail supply agreements looks set to be challenged more in the courts, according to a legal expert.
The Icelandic government has taken legal action against Iceland Foods over the use of its name, claiming Icelandic businesses were “caused harm” as they couldn’t promote themselves with their place of origin.
Food and drink manufacturers will absorb extra costs as far as they can, but most will reach a point where something has to give, warns Food and Drink Federation (FDF) boss Ian Wright.
Supermarket grocery prices are set to rise by at least 5% in the next six months, driven by a fall in the value of sterling, predicts former Sainsbury boss Justin King.
The new one-hour grocery delivery service launched by Morrisons and Amazon will build the supermarket’s business as “a food maker and shopkeeper”, says its boss David Potts.
The government’s review of the Groceries Code Adjudicator’s (GCA’s) role and remit, announced last month, has been welcomed by a coalition of non-governmental organisations, unions and food groups, which has called for the GCA’s powers to be strengthened.
Morrisons has raised the price of 92 Unilever products, including Marmite, just days after Tesco’s highly public row over Unilever’s price increase demands.
Marmite sales were boosted by £335,000 this month, thanks to publicity created during a high profile dispute between UK retailer Tesco and manufacturer Unilever over pricing.
Increased competition, disloyal consumers, growing internet sales – and now Brexit. Grocery supply chains are set for a revolution, reports Rick Pendrous
Sainsbury may be lagging behind in the supermarket price war, according to one analyst, after the retailer posted its second consecutive quarter of falling sales, which the retailer blamed on a dip in food prices.
Morrisons’ chief executive David Potts has thanked the retailer’s “food makers”, after the business reported rising like-for-like sales and profits in first-half results posted on September 15.
Food and drink manufacturers are being urged to participate in a consultation that aims to find out whether retailers are asking their suppliers to pay for better positioning of goods or expanded shelf-space.
The woman in charge of regulating the relationship between retailers and suppliers says she is “totally dependent” on food and drink firms telling her about unfair practices.
Food and drink manufacturing giants – including Nestlé, Unilever and Coca-Cola – have joined forces with high-street retailers to tackle supply chain efficiencies and waste reduction, as part of the new Retail Grocery Advisory Board.
Morrisons’ bid to open up a new front in the supermarket price war – by cutting the price of more than 1,000 every-day products – will leave its suppliers unaffected, the supermarket has confirmed.
The UK grocery market is forecast to grow by 10% between now and 2021, giving it a value of £197bn, according to the latest estimates from think-tank IGD.
The growth of online grocery shopping through the likes of Amazon Fresh and Ocado will significantly boost branded products at the detriment of own-label, the founder of the Black Farmer brand has claimed.
