Author: Scott Dylan

Asda has implemented a significant price reduction initiative amounting to £23 million, impacting over 425 products.This move follows a previous £13 million investment, targeting budget relief for families amid rising living costs.The price cuts include essentials such as nappies, milk, bread, and chicken, averaging an 11% reduction.Asda’s income tracker reveals a drop in disposable income exceeding £100 monthly for average households since July 2021.Kris Comerford emphasizes Asda’s commitment to easing financial pressures faced by customers with targeted price reductions.Asda has embarked on a noteworthy initiative, investing £23 million to reduce prices on 425 products, both branded and own-label, effective from…

In response to slowing inflation, Sainsbury’s strengthens its Aldi Price Match campaign.The campaign now includes over 400 items, expanding with 40 new additions.Products such as soups, burger buns, and bread are among the fresh additions.Sainsbury’s British Butter’s price has been reduced by 10% since May.Nectar Prices are now available on frozen foods, expanding savings options.Sainsbury’s has strategically enhanced its Aldi Price Match campaign amidst a period of easing inflation, offering customers greater value on their purchases. With the inclusion of more than 40 new items, the initiative now covers upwards of 400 products, demonstrating a significant commitment to competitive pricing.The…

Amazon Fresh has launched a new store in Moorgate, London, as part of its strategic expansion.The store offers a range of products, including the retailer’s private food brand and premium grocery range.Customers can experience seamless shopping with Just Walk Out technology at the new location.Payment options include scanning via the Amazon app or using a credit or debit card.This addition increases the total number of Amazon Fresh locations in London to eighteen.Amazon Fresh has strategically expanded its footprint in London with the opening of a new store located in Moorgate. This development adds to the existing portfolio of Amazon Fresh…

Amidst rising concerns, Iceland calls for regulatory changes on infant formula pricing and promotions.Current legislation restricts the promotion of price reductions on infant formula and forbids purchases with various vouchers.Iceland aims to support parents during the cost-of-living crisis by advocating for these legislative changes.Healthy Start vouchers are also under scrutiny as their current value does not align with recent price rises.Research shows a significant portion of parents are anxious about affording baby food, prompting this campaign.Iceland is advocating for urgent modifications to existing regulations that limit price promotions on infant formula. The current restrictions prohibit retailers from offering discounts or…

Ocado has announced a price reduction on 200 additional branded and own-label items as part of its Big Price Drop initiative, aiming to assist parents with back-to-school shopping.The average price reduction across these items is 8%, reflecting Ocado’s commitment to offering value to its customers.Examples of reduced items include Heinz Beans, now £3.75 after a 25p decrease, and Copella Apple Juice, reduced by 29% to £2.This move follows Ocado’s previous price cuts in June, which included over 100 branded and everyday essential items.Ocado Retail CEO, Hannah Gibson, emphasises their dedication to providing great value along with unbeatable choice and service.Ocado,…

Tesco has launched its 500th electric home delivery van, achieving a key milestone towards its net-zero objective by 2035.The van will serve Sheffield Extra store, marking it as the first in Yorkshire to have a fully electric fleet.Tesco’s electric vehicles have replaced 15 million diesel delivery miles, significantly reducing carbon emissions.The move aligns with Tesco’s plan for a fully electric delivery fleet in the UK by 2030, equivalent to removing 22,000 cars off the road annually.Government incentives such as the Plug-in Van Grant have supported Tesco’s transition to electric vehicles.Tesco has launched the 500th electric home delivery van, strengthening its…

Tesco is switching to clear caps for its own-brand milk to boost at-home recycling.The change impacts 425 million bottles annually, improving the recyclability of milk containers.Clear caps eliminate the need for separate processing, enhancing material recovery from waste.An additional 3,900 tonnes of recycled plastic can be used annually in new bottles.Tesco encourages crushing bottles and replacing caps before recycling to prevent loss.Tesco has announced a significant change in its packaging strategy by transitioning from coloured to clear caps on 425 million of its own-brand milk bottles annually. This initiative is aimed at simplifying the recycling process for customers at home.…

Investors are pressuring food companies to cut down antibiotic usage in supply chains due to rising antimicrobial resistance (AMR) concerns.Approximately 70% of antibiotics globally are used in animals, sparking health concerns akin to the climate crisis.AMR is linked to nearly 5 million annual deaths worldwide, costing $100 trillion in economic losses.The Fairr initiative, backed by 370 global investors, is targeting 12 major North American food chains over antibiotic use.Leading companies are starting to address these concerns, with McDonald’s and Restaurant Brands International taking significant steps.Investors have taken a decisive stance, pressing food companies to diminish their antibiotic consumption amid increasing…

Getir is implementing significant workforce reductions as part of strategic operational changes.The company plans to lay off 2,500 employees, exceeding 10% of its global workforce.These measures align with a shift in demand in the post-pandemic grocery delivery market.Getir intends to refocus its resources by exiting certain European markets.Fundraising efforts are being launched to strengthen operations in key regions.In response to shifting market dynamics and decreased demand in the grocery delivery sector post-pandemic, Getir has announced a reduction of its workforce by 2,500 employees globally, which represents more than 10% of its current team of 23,000 individuals. This move affects a…

A concerted effort is underway to bolster support for UK farmers through dedicated ‘Buy British’ sections in supermarkets.Over 110 MPs have issued an open letter encouraging retailers to promote UK-grown food online.This initiative aims to boost the economy and decrease the UK’s carbon footprint.Sainsbury’s and Waitrose already feature dedicated sections for British produce.The open letter emphasises the critical role of British farmers in ensuring food security and local economies.The British farming sector is receiving backing from over 110 Members of Parliament who are advocating for dedicated ‘Buy British’ sections in supermarkets. According to The Telegraph, this initiative involves an open…