World Food Prices At Highest Since 2022 As Supply Risks Mount, FAO Says
World food prices hit their highest since late 2022 in August as adverse weather and Black Sea war disruptions raised supply concerns - FAO.
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Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
IKEA: price pressure is changing what consumers expect from their homes
Affordability is playing an increasingly important role in how consumers furnish their homes. Still, many people continue to invest in smaller improvements, especially when it…
“Risk premium” building in food as prices highest since 2022 – FAO
The FAO has warned the "risk premium" is building in food as its index tracking five commodities reached an almost four-year high in August. The post “Risk premium” building in…
Auction of Very Group halted as bidders fail to hit £2bn asking price
The sale of multi-brand online retailer Very Group is close to being scrapped, according to reports. Sky News has learnt that a sale process is unlikely to proceed after potential…
Pardon the Disruption: Is grocery’s loyalty boom swaying price-sensitive shoppers?
Retailers across the industry have made significant changes to their loyalty programs. But there’s more work to be done to connect with value-seeking consumers.
Vietnam Coffee Prices Tepid Post-Holiday, Higher Premiums In Indonesia
Robusta coffee prices in Vietnam fell further this week on tepid trade and soft demand after the country's long national holiday.
Major US retailers face beef prices probe
The US Department of Justice has expanded its anti-trust investigation into beef prices to include eight large retailers, among them Walmart and Costco. The post Major US…
N Brown Group appoints Richard Price as independent non-exec director
Price brings more than three decades of experience across the UK retail sector, spanning fashion, clothing and home
Ollie’s Bargain Outlets will plow $15M into lower prices
The retailer aims to protect its low-price leadership, as Q2 comps fell in a highly competitive environment and tough consumer backdrop.
Jumbo’s flyer promotion highlights price differences: lasagna is 30% cheaper in Belgium
In the Netherlands and Belgium, Jumbo is launching a very similar promotion this week: 1,000 products with a "buy one, get one free" offer. Part of the product lineup in both…
Transport firms put brakes on September price rises, warns ONS
Just 9.7 per cent of UK transport and storage businesses expect to raise prices in September, down sharply from 15.8 per cent in August and the lowest level of any major sector…
Ikea UK invests £54m to cut prices on 435 products
Retailer introduces lower prices on household 'favourites' alongside more than 1,000 in-store offers through the end of 2026