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Biotech Attraction to explore new horizons in plant innovation
Fruit Attraction will once again become a meeting point for agri-food innovation with the hosting of a new edition of Biotech Attraction, the conference organised by BIOVEGEN and Fruit Attraction under the...
From FOMO to frustration: Viral stockouts boost immediate demand but scarcity risks long-term loyalty, invent.ai study shows.
London, UK — While scarcity created by viral stockouts can create FOMO (Fear Of Missing Out) among shoppers and make products more desirable, repeated availability failures can quickly turn into frustration and put brand...
Udaan to Acquire Swiggy’s B2B Grocery Distribution Business Lynk
India’s business-to-business retail sector is seeing further consolidation after eB2B platform Udaan agreed to acquire Lynk Logistics, the technology-driven retail distribution business owned by food delivery and grocery company Swiggy, in a transaction valued...
Aldi Remains Britain’s Cheapest Supermarket as Sainsbury’s Nectar Closes Gap on Asda
Aldi has retained its position as Britain’s cheapest supermarket in the latest Which? monthly comparison, while Sainsbury’s has significantly narrowed the price gap with Asda through its Nectar loyalty pricing. Which? compared the cost...
M&S Invests £4 Million to Cut Prices Across Organic Food Range
Marks & Spencer is investing more than £4 million to reduce prices across its organic food range, as the retailer seeks to make organic products more accessible to a wider group of shoppers. The...
Waitrose and John Lewis Prepare for Christmas With 10,000 Seasonal Jobs
Waitrose and John Lewis are preparing for the Christmas trading period with plans to create around 10,000 seasonal jobs, highlighting the scale of staffing required as retailers approach the busiest period of the year....
Australia Faces New Supermarket Food Price Threat as El Niño Strengthens
Australian supermarket shoppers could face further food price pressure as an exceptionally strong El Niño weather event threatens agricultural production across the country. The Bureau of Meteorology is forecasting an El Niño event expected...
Private Label Takes 54% of Spanish FMCG Spending
Private-label products now account for 54% of consumer goods spending in Spain, underlining the strength of supermarket-owned brands and the changing relationship between shoppers and traditional manufacturers’ brands. The latest figure, reported by the...
Aldi Opens New UK Stores at Rapid Pace as Expansion Continues
Aldi is accelerating its expansion across the UK, with the discount supermarket opening a new store each week during September as it continues its wider programme of investment and growth. The retailer opened a...
Sainsbury’s Recalls Pitted Black Olives Over Listeria Risk
Sainsbury’s has recalled a popular own-brand olive product after Listeria monocytogenes was detected, prompting the supermarket to advise customers not to eat the affected packs. The recall involves Inspired to Cook by Sainsbury’s Pitted...