Keyword » prices

Finsbury UK bakery sales down 1.4% in full-year figures

Declining prices have contributed to a 1.4% drop in UK bakery turnover at Finsbury Food Group.

Butter shortage looming, warns Arla boss

Bakers are set to face a butter shortage by the end of this year, according to comments by the boss of dairy giant Arla.

Finsbury Food Group to launch Mary Berry cakes

Finsbury Food Group has secured the licence to produce a range of Mary Berry cakes.

Real Good Food raises prices as cost increases hit margins

Renshaw and Haydens owner Real Good Food has raised prices as its margins come under pressure from commodity price hikes.

Brits spending more on free-from products than sparkling wine

Free-from food and drink has been one of the fastest-growing categories in UK supermarkets this year, according to research by analysts Nielsen.

British food firms cut back on promotional activity

UK food businesses have put the brakes on promotions – with activity declining more here than in other European markets.

Tesco to tackle discounters with price pledge

Tesco is set to compete head-on with discounters as it looks to cut the cost of its own-label products.

Lidl launches Christmas social media pricing campaign

Discounter Lidl has launched a social media campaign that it claims will put customers in control of product prices in the run-up to Christmas.

Walkers products set to rise by 5p following weakening of the pound

Britain's biggest crisp brand Walkers is set to increase prices of its products by 5p as a result of the pound weakening.

Crisp sandwich shop to cater for weddings

Keighley-based crisp sandwich business Mr Crisp has announced that it is going mobile by catering for weddings.

Brakes reveals new pricing strategy

Foodservice wholesaler Brakes has revealed a new and more transparent pricing strategy, which will go live in November following extensive pilots.

Slight grocery price drop in August

Research from comparison website MySupermarket shows that a basket of popular supermarket items dropped slightly in August, two months after prices rose in June and July.

Bakery items reduced by 18% in latest Morrisons move

Morrisons is slashing prices on its bakery, cakes and desserts by an average of 18% as part of the retailer’s biggest price crunches on 1,045 products.

Grocery trade escapes immediate Brexit fallout

Brexit has had little impact on grocery share figures, according to the latest data from research firm Kantar Worldpanel.

Grocery prices see largest drop in over a year

Food prices saw their biggest fall for over a year last month as prices continued to drop, according to market analyst British Retail Consortium-Nielsen (BRC).

Grocery in decline but discounters take record share

Discount retailers have hit record market share while consumers await the possible impact of Brexit on grocery prices, according to Kantar Worldpanel.

Costa considers Brexit impact as coffee prices rise

Costa Coffee owner Whitbread may rein back investment following the Leave win in last week’s referendum, while coffee prices could soon rocket due to severe droughts.

Sugar prices rocket

There has been a 37.9% increase in sugar prices year on year (yoy) due to concerns over dwindling supplies, according to the Food and Agriculture Organisation of the United Nations (FAO) price index.

Butter prices up 13%

Bakers face higher prices for butter after a surprise rally on global commodity markets.

Food to go boosts sales at Morrisons

Morrisons has reported a second quarter of rising like-for-like (LFL) sales, as it continues to cut costs and prices, although total sales fell due to store closures.

Bakers advised to secure dairy supplies

Bakers have been warned to lock in their dairy commodity prices, which are at a 10-year low.

Wheat prices expected to stay low

Wheat prices are expected to stay low, despite an estimated 1m-hectare reduction in global planting.

Price of gluten-free bread and croissants rises

Mysupermarket.com has analysed the prices of various baked goods over the last year, with many items found to be cheaper, but a few significantly more expensive.

Grocery prices continue to drop

mySupermarket.co.uk has said grocery prices have dropped to their lowest level in more than a year.

New equipment seller targets small bakeries

MyDelightful, a Cheshire-based online company, was launched on Friday, selling wholesale bakery supplies to small retail businesses.

Tesco’s festive LFL rise fails to reverse Q3 fall

Tesco has reported a 1.3% growth in UK like-for-like (LFL) sales for its Christmas trading period in the six weeks to 9 January.

Eggs
Egg price is increasing following US bird flu outbreak
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US bird flu increases pressure on egg prices

Fears are growing that egg prices could rise as European supplies are sent to the US after a massive bird flu outbreak. 

Olive oil
Olive oil prices are still rising
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Olive oil prices jump 10%

Extra virgin olive oil prices are up almost 10%, with little sign of the sourcing situation improving.

Olive oil shortage threat

Soaring olive oil prices and the looming threat of shortages caused by poor harvests in Italy and Spain could force speciality bread bakers to increase prices.

Ocado sees Christmas sales soar
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Successful Christmas for Ocado

Ocado has seen a bumper Christmas, processing nearly 40% more items for Ocado.com and Morrisons.com than over the same period last year.

Dalton Philips will continue in his role until the year-end results to ensure a smooth transition
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Morrisons boss to leave, following Christmas sales slump

Dalton Philips, the man at the helm of Morrisons, is to leave the company after the board announced that “it [was] time to start the search for a new chief executive”.

Discounting causes grocery deflation

Heavy discounting by supermarkets means the grocery market has been pushed into deflation, according to the latest figures.

Aldi profits boom

Aldi has announced a soar in profits after competitive prices attracted customers to the discounted supermarket.

Food inflation at record low

Inflation on food hit its lowest-ever recorded level in August, at 0.3%.

UK bread prices comparatively cheap

A Guardian survey reveals UK bread is the second-cheapest out of seven cities from around the world. 

Competition:
Supermarket war keeps prices consistantly low
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Supermarket price war keeps food prices low

Food prices rose by just 0.6% last month - the lowest rise ever according to figures from the British Retail Consortium (BRC).

Disease could force up wheat prices

Wheat costs could soar this season following outbreak of disease among crops.

ABF: sugar prices to hurt profits

Associated British Foods (ABF) – the company behind Kingsmill – has revealed that lowering sugar prices would impact its profits in the year ahead.

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