Prices & promotions news and analysis
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NewsFood & drink manufacturing costs starting to ease
Production costs fell for the first time since April 2016, according to the Lloyds Bank UK Sector Tracker
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News
Sainsbury’s Nectar Prices now available on fresh fruit and vegetables
The Nectar Prices scheme has been rolled out to cover six fresh fruit and vegetable lines
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M&S cuts the price of over 70 family staples
Products dropped in price include M&S Select Farms DNA traceable beef mince, avocados, Greek-style yoghurt and ciabatta rolls
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Morrisons launches sixth round of price cuts this year
The investment is worth £26m and the prices will be locked for at least eight weeks
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Biscuits getting costlier as prices come close to doubling
The cost of a simple biccy break has rocketed as biscuit SKU prices soar in the supermarkets and discounters, The Grocer’s Key Value Item tracker revealed this week
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Ban on bogofs in doubt as Sunak says no final decision yet for ‘bonkers’ policy
Having already delayed the introduction of the proposals until October, Sunak told the House of Commons yesterday that “no final decision” had been taken
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News
Central Co-op saves shoppers £2.6m through exclusive member pricing
Central said the savings would stay put as the nation headed into the summer as a way of helping shoppers navigate the cost of living crisis
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Asda freezes prices of 500 food essentials
It comes with the latest figures from Asda’s Income Tracker showing household disposable incomes continue to fall on a month-by-month basis
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Waitrose continues investment in price with second round of cuts
The cuts form the second round of what executive director James Bailey promised in February would be two to three price events expected this year
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Sainsbury’s more than doubles Nectar Price promotion lineup
Sainsbury’s has extended the membership scheme to cover products in two new categories
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Deliveroo invests £20m in summer savings campaign
The courier app has also partnered with Morrisons, Co-op and Asda to price match 550 grocery items against the retailers’ in-store prices
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Getir rapped by ASA for promotion it couldn’t deliver on
The rapid grocer emailed all customers a £20 off promotion, even though only users in limited locations at certain times could redeem it
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Potato, carrot and onion prices at highest levels in 40 years
Wholesale spot prices for three major volume vegetable lines were at ’the highest level I’ve ever known’, said one supplier
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Fertiliser prices start to ease but full recovery still distant
The cost of fertiliser remains 50% higher than 2019 says NFU
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Pasta, sugar and oil prices tumbling, KVI shows
The price of pasta, sugar, and vegetable oils all fell this week at several supermarkets in the latest sign of easing food inflation
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Analysis & Features
Food price inflation: why is it falling slower than other nations?
Brexit, currency and government policy are all having an additional inflationary effect but what could be done to drive prices down faster?
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News
Richmond meat-free lineup hit by shrinkflation
The prices of sausage and bacon alternatives have increased by up to 25% per gram after the brand reduced pack sizes
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Government declared ‘not fit for purpose’ over price cap plan
Supermarket and supplier bosses are understood to be fuming over the plans, which were leaked to the Daily Telegraph at the weekend
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Sainsbury’s cuts prices of core own-label dairy lines
The retailer has said it will be cutting prices by up to 60% on more than 40 own-label products including hard and soft cheeses, yoghurts and cream
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Sainsbury’s relaunches value own-label range as Stamford Street
The supermarket’s existing value ranges will be converted under the new range.
