As inflation wanes, what factors can drive consumers to purchase more fresh produce?
Inflation made another surprising but welcoming dip last month to 7.9% in the UK and was an additional point lower across the food sector at 6.9%. Though still not a reason to jump for joy, as summer carries on, at least one retailer says it is seeing very positive signs from its Family Matters Index. […]
Led by M&S Food and a lean to value, Marks and Spencer shows signs of a comeback
Despite falling profits in 2022/23, stock outlook has soared in the past week for Marks and Spencer, which notably has been bolstered by the rejuvenation of M&S Food. Sales from its Food division jumped 8.7%, including a 5% rise in its “core categories” that eclipsed pre-pandemic levels. Its market share, in fact, increased by 3.6% […]
Food industry offers condolences, fondly honours HRM Queen Elizabeth II
This past week, condolences and tributes have poured in across the UK and the world after the passing of Her Royal Majesty Queen Elizabeth II at age 96 at Balmoral Castle. That includes scores of retail, hospitality and other food industry entities who got to know her during her reign. Here are some of the […]
G’s Growers and Plumford Farm will test pollination, yield efforts through M&S collaboration with AgriSound
Retailer M&S has entered into a three-year partnership with York-based start-up AgriSound to assist some of its select farmers in improving their management of pollinators while boosting yield. G’s Growers in Cambridgeshire and Plumford Farm in Kent will participate in the programme by installing listening sensors that will be able to track bumblebees, honeybees and […]
M&S survey shows Brits’ top priority this summer is to live, eat healthy
How are families planning to spend their summer in the UK? More than half of those who were surveyed as part of the M&S Family Matters Index said they are prioritizing eating more healthy foods and looking to exercise more. Many are looking to take trips to the country to improve their mental health or […]
M&S hires former Tesco, Coles executive to lead its Food business
Marks & Spencer, which is outpacing its supermarket rivals on growth in the UK, has tapped a new leader to run its Food business: former Tesco executive Alex Freudmann. Freudmann, who has been managing director of Australian wine and spirits firm Dan Murphy’s for the past two-plus years and has built a career in both […]
M&S, Lidl and Aldi were biggest winners during festive period
After a challenging 2020, the supermarket making the most headway during the festive period in 2021 and making a stunning comeback was M&S. According to data from NielsenIQ, it saw sales grow 9.4% in the final quarter of the year. Only two other UK retailers saw positive gains across the same 12-week period compared with […]
Big Five supermarket CEOs commit to sweeping climate change efforts at COP26 Summit
The five big supermarket chains promised to cut carbon emissions in their operations by 2030 during the United Nations Climate Change Conference (COP26) taking place in Glasgow. Leaders from Co-Op, Marks & Spencer, Sainsbury’s, Tesco and Waitrose all said they would do their part in helping to save the environment by trimming food waste, reducing […]
