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...Austrian supermarket chain Spar has accused Hungary of breaking EU law in an effort to bring down rising food prices and called on Brussels to intervene to ease the “devastating” effect on its operations...
...A spokesperson for Nestlé said it disagreed with ShareAction’s decision and that the shareholders were “targeting the wrong company”, arguing that the food giant was one of the first to reveal the nutritional...
...McKim levelled accusations at Weckert that customers were skipping meals, eating less healthy food and “dumpster diving” for wasted food because they could not afford to pay the steep prices being charged...
...The shift marks a sign of a possible recovery in branded and higher-priced goods, after customers turned to supermarkets’ own-label ranges to keep food bills down during the cost of living squeeze....
...The FT’s Wall Street editor Sujeet Indap explains how the deal went off the rails, and how the supermarket’s owners might end up paying millions of dollars to sell their company....
...However, the brewer said it had noted a shift in some markets, with customers buying more beer in supermarkets instead of in bars and restaurants....
...The tight supply has led some supermarkets to make up the shortfall with potatoes from the EU, Egypt and Israel....
...Alejandro Alegre, marketing director at STC, a security company that carried out a survey of supermarkets, said it was unusual to see an essential food item so high up the theft list....
...demand is being driven by Japan, California and, in particular, Europe, which has imposed stringent requirements for renewables but is reluctant to trade farmland for ethanol production — the so-called food...
...Earlier on Tuesday, the British Retail Consortium reported a sharp slowdown in food inflation driving an overall decline in the pace of price growth across all shops....
...Wholesale energy and food prices soared last summer following Russia’s full-scale invasion of Ukraine in 2022....
...Since then, the ecommerce giant has acquired supermarket chain Whole Foods, created Amazon Go and Amazon Fresh grocery stores and added a handful of other shops selling gadgets and clothes....
...Sales of food were strong during the period although overall growth was damped by weak performance in general merchandise, clothing and fuel....
...Andrea Martinez-Inchausti, the assistant director of food at the British Retail Consortium, said the vast majority of food sold in supermarkets was sourced from the UK, while retailers ensured most own-brand...
...Consumers can also expect to see more white and aerated chocolate on supermarket shelves this year....
...Dino Polska: Shares in the supermarket group fell more than 7 per cent after 2023 earnings came in about 10 per cent below expectations....
...The discount supermarket Aldi, for example, is selling “Gianni’s Milk Chocolate Ice Creams” in remarkably similar packaging to Magnum for a third of the price by volume....
...the UK, the chewy, oat-y, sticky blocks have featured prominently in two recent tax Tribunal decisions: — DuelFuel Nutrition Limited vs HM Revenue & Customs (Judgment date: February 2nd)— WM Morrison Supermarkets...
...Given that the same is needed to maintain core food businesses, Sainsbury’s and Tesco banks never broke through, says Clive Black of Shore Capital....
...Save Mart separately held a majority stake in Superstore Industries (SSI), a successful food wholesaler/distributor that had two other owners....
...The trend was confirmed by separate data from research company Kantar, also published on Tuesday, showing that the annual rate of supermarket price growth slowed sharply to 5.3 per cent in February, from...
...Advent and CVC were the two remaining investors competing in the process to acquire Partner in Pet Food, a Hungary-based maker of animal food....
...Food giant Nestlé has reported slower than expected growth, taking a hit from falling frozen pizza sales in North America in particular, and supply problems in its vitamins business....
...The cost of food and drink has increased sharply in general but the disruption to cocoa, coffee and tea is especially instructive....
...The French retail giant has signs in stores accusing Pepsi of “unacceptable price increases”....
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