Beyond Meat is facing financial challenges as demand for plant-based products declines.The company’s revenue forecast for 2023 has been reduced to $360m-$380m.Inflation is causing consumers to…
Browsing: Retail
One Stop partners with Veolia in a significant step towards closed-loop recycling for its own-label milk bottles. This collaboration aims to recycle over 380,000 milk bottles…
Luke Jensen, former Ocado Solutions CEO, has taken on a new role as executive chairman at Hana Group, a leading provider of sushi and pan-Asian cuisine.Jensen…
In July, the retail sector experienced a shift as food and drink, alongside home items, emerged as top sellers, amidst a backdrop of slowing general sales.…
Huw Pill, Chief Economist at the Bank of England, warns that food prices may not decrease due to the Ukraine conflict’s impact on supply chains.Russia’s invasion…
Tesco is expanding its ‘reduced in price, just as nice’ signage to 300 additional supermarkets, aiming to reduce food waste and offer value to customers.The initiative…
Following corporate restructuring, Meatless Farm has reintroduced its plant-based products to Asda supermarkets, highlighting its commitment to the plant-based food sector.The return includes meat alternatives such…
In a significant move towards sustainability, Lidl has announced its own-brand tea bags will soon be fully compostable, assisting eco-conscious consumers.Customers can dispose of these tea…
The pandemic significantly boosted the speedy grocery delivery sector, but as times changed, so did the market dynamics.During the pandemic, rapid grocery delivery services saw immense…
Consumers face growing shrinkflation as prices increase and package sizes shrink.An investigation reveals a significant rise in unit prices at major supermarkets.Products like McVitie’s Digestives and…