Articles

  • 1 week ago | thegrocer.co.uk | Harry Holmes

    B Lab’s update to standards outlines seven key areas for companies to address. Has it done enough to ward off ‘greenwashing’ accusations? When you buy a Nespresso coffee, an Evian water or a Vivera plant-based burger, you should feel confident in supporting a business that’s a force for good. These brands all carry B Corp certification – a symbol of “high standards of social and environmental performance, transparency, and accountability”.

  • 1 week ago | thegrocer.co.uk | Harry Holmes

    Food exporters are battling “uncertainty, confusion, and disappointment” as they look to devise a strategy to deal with Donald Trump’s increasingly erratic tariff policy. The White House has said it now seeking 90 trade deals in 90 days after Trump placed blanket tariffs of at least 10% on nearly every country, before issuing a 90-day pause on most of them last week.

  • 1 week ago | thegrocer.co.uk | Harry Holmes

    Sainsbury’s share price is up around 4% this morning after the supermarket posted a ‘record year in grocery’. Its sales excluding fuel grew 4.2% to £26.7 bn in the year to 1 March, while profits were up 7.2% to £1bn. The supermarket warned, however, that profits would fall this year as it spent to “maintain its competitive position”. Full story here  Pernod Ricard has reported a larger than expected decline in sales for its fiscal third quarter.

  • 1 week ago | thegrocer.co.uk | Harry Holmes

    WH Smith saw profits in its travel arm rise 12% in the first half of the year as it prepares for life as a “pure play travel retailer” later in the year. The retailer is keen to reassure investors of its growth plans after jitters over its exposure to the US sent its share price down 27% since the end of January.

  • 1 week ago | thegrocer.co.uk | Harry Holmes

    Food inflation dropped to 3% in March, helping to bring down the headline rate by more than expected. The overall UK inflation rate fell to 2.6%, according to the Office for National Statistics, below analysts’ forecasts of 2.7% and down from 2.8% in February. It was led by the price of fuel falling 5.3%, including a drop between February and March of 1.6p a litre for both petrol and diesel.

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Harry Holmes
Harry Holmes @HNHolmes
21 Jan 23

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Harry Holmes
Harry Holmes @HNHolmes
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Harry Holmes
Harry Holmes @HNHolmes
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