Author: Scott Dylan

Amidst growing concerns, Iceland is calling for legislative changes to permit price promotions on infant formula.The retailer seeks the reversal of regulations that limit purchasing formula with loyalty points or vouchers.There is a significant price reduction by Iceland on baby formula, exceeding 20%, to aid consumers.Iceland proposes an increase in the value of Healthy Start vouchers to address price hikes effectively.Research reveals 86% of parents face challenges in affording baby nutrition amidst economic pressures.The frozen food retailer, Iceland, is advocating for urgent reforms in legislation that currently hinders retailers from offering price promotions on infant formula. These regulations also restrict…

Ocado is introducing price cuts on an additional 200 products, enhancing savings for consumers.The reduction initiative targets both branded and own-label items, continuing their ‘Big Price Drop’.Recent adjustments come as part of a ‘back to school’ drive, intending to ease consumer expenses.Price reductions average 8%, with significant cuts on items like Copella Apple Juice and Heinz Beans.Ocado Retail underscores its commitment to value alongside quality and choice, aiming to expand these benefits.Ocado has implemented price reductions on a further 200 branded and own-label products, continuing its ‘Big Price Drop’ initiative. The online grocery retailer aims to alleviate financial strain on…

Tesco advances its sustainability efforts with the addition of its 500th electric home delivery van, targeting net-zero emissions by 2035.The Sheffield Extra store becomes the first in Yorkshire to operate a fully electric delivery fleet, enhancing air quality and reducing emissions.Tesco’s electric fleet has replaced 15 million diesel delivery miles since 2020, equivalent to cutting 7,500 tonnes of carbon emissions.Over 30 stores in the UK are now using electric delivery vans, delivering to 150,000 customers daily.Tesco aims to achieve a completely electric home delivery fleet by 2030, removing 22,000 cars’ worth of emissions annually.Tesco has taken a significant step in…

Tesco adopts clear milk bottle caps to improve recyclability and sustainability.Coloured caps currently hinder the recycling process of milk bottles.The switch anticipates adding 3,900 extra tonnes of recycled plastic annually.Retailers like Asda, Aldi, and Lidl have made similar changes to reduce plastic waste.Consumers are advised to squash bottles and replace caps before recycling.Tesco’s decision to transition from coloured to clear milk bottle caps marks a significant step towards enhancing the recyclability of milk packaging. This change affects 425 million bottles of own-brand milk produced annually, making it easier for consumers to recycle at home. The blue, red, and green caps…

Investors are calling on food companies to cut antibiotic use in their supply chains due to rising concerns about antimicrobial resistance (AMR).Approximately 70% of antibiotics are used by animals, highlighting a significant issue in meat production industries.AMR is linked to nearly 5 million deaths annually and $100 trillion in economic losses worldwide.The Fairr initiative, backed by investors with $71 trillion in assets, targets major US fast-food chains to reduce antibiotic usage.Industry leaders like McDonald’s and Restaurant Brands International are taking steps to responsibly manage antibiotic use.Investors are increasingly urging food companies to implement measures to reduce antibiotic use within their…

Getir is set to reduce its global workforce by over 10%, impacting 2,500 employees.The decision comes in response to decreased demand following the pandemic-induced grocery delivery boom.Getir aims to refocus its efforts on markets with stronger growth prospects by exiting Spain, Italy, and Portugal.A recent fundraising effort is underway, with Getir aiming to secure $500 million led by Mubadala.The company remains committed to pioneering the quick delivery sector despite recent setbacks.In a strategic move amidst declining market demand post-pandemic, Getir, the grocery delivery service, plans to lay off approximately 2,500 employees, translating to more than 10% of its global personnel.…

Efforts are underway to support UK farmers through enhanced supermarket initiatives.A proposal suggests supermarkets add ‘Buy British’ sections online to boost local produce visibility.More than 110 MPs back the initiative, aiming to strengthen the UK economy and reduce carbon emissions.Notably, some supermarkets like Sainsbury’s and Waitrose have already begun highlighting British produce.The initiative emphasises UK farmers’ role in food security and environmental preservation.An initiative has been proposed to bolster the visibility of British produce within supermarkets’ online platforms, encouraging consumers to opt for locally sourced food. Over 110 Members of Parliament have aligned themselves with this effort, advocating for the…

Waitrose is launching its inaugural £5 lunchtime meal deal at stores commencing 30 August.The meal deal encompasses a main, side, and drink from a diverse selection including sandwiches and salads.Waitrose aims to provide a convenient, high-quality, and value-for-money option to its customers.The introduction follows similar initiatives by other UK supermarkets such as Asda and Sainsbury’s.Waitrose also announces a new range of frozen Zizzi products available from mid-September.Waitrose, for the first time, is offering a £5 lunchtime meal deal across its stores. The initiative, launching on 30 August, includes a choice of a main item, a side, and a drink. The…

In July, UK households experienced a relief in financial pressure due to increased disposable income.Asda’s Income Tracker highlighted a 4.5% year-on-year rise in disposable incomes, marking significant growth.Average weekly disposable income increased by £9.48, reaching the highest level since March 2022.Inflation eased to 6.8% in July, largely due to lower energy and food costs.Despite improvements, disposable incomes are still below pre-crisis levels, with some age groups more impacted.In July, financial relief was observed among UK households as disposable incomes grew by 4.5% year-on-year, according to Asda’s latest Income Tracker. This rise signifies the strongest annual growth rate since September 2021,…

The latest data reveals a notable slowdown in UK supermarket sales, marked by a rate of 7.2% for the four weeks to 12 August, the lowest since the start of the year.Contributing to this slowdown are lower inflation rates and unpredictable summer weather, which have led to less frequent shopping trips by consumers.In response, retailers have intensified promotional efforts, increasing spending by 23% on all fast-moving consumer goods to buoy consumer engagement.Amidst this, Tesco and other discount retailers like M&S, Aldi, and Lidl saw market share gains, contrasting with weaker growth figures from Morrisons and Co-op.Key challenges persist for the…