Tag: food pricing

Call for fresh debate on removing GST from food | Jersey Evening Post

Call for fresh debate on removing GST from food | Jersey Evening Post

Andrew Bagot, managing director of Alliance, has called on the States to debate the removal of the five per cent tax from food to help bring costs down so that they are comparable with the UK. And, in a move he hopes will start a wider debate about food pricing in the Channel Islands, Mr […]

May 29 – Grain Prices Fall After Trump Imposes Tariffs on China | Farm Lead

May 29 – Grain Prices Fall After Trump Imposes Tariffs on China | Farm Lead

A brutal day on Wall Street helped boost the U.S. dollar higher as political crises rattled both Italy and Spain. Meanwhile, grain prices reacted negatively to news that the Trump administration plans to proceed with tariffs on about $50 billion of Chinese imports. Grain prices slumped in response. Markets are also looking for cooler temperatures […]

U.S. Steel Prices on Knife’s Edge as Tariff Deadline Nears | WSJ

U.S. Steel Prices on Knife’s Edge as Tariff Deadline Nears | WSJ

U.S. steel prices won’t stop breaking away from those in Asia and Europe, in a rally driven by confusion about what Washington’s import tariffs will look like. The rise in U.S. prices has come ahead of the June 1 deadline for many major exporting countries to negotiate deals that would at least partially exempt them […]

Study Shows Customer Preference for Direct Delivery from Restaurants | Food On Demand

Study Shows Customer Preference for Direct Delivery from Restaurants | Food On Demand

Customers report they would order from their favorite restaurants one extra time per month if delivery was offered, and more than 70 percent of QSR and fast-casual customers said they would choose a restaurant more often if delivery were offered. The importance of delivery doesn’t apply only to millennials. Of customers 35-44, around 78 percent […]

Amazon launches discount program for Prime members at Whole Foods | 512tech

Amazon launches discount program for Prime members at Whole Foods | 512tech

“We’re thrilled for Whole Foods Market to be part of the Prime experience,” Whole Foods co-founder and CEO John Mackey said in a written statement. “Launching savings for Prime members is an amazing opportunity to bring our industry-leading quality standards and delicious food to more customers at a better price.” To use the program, customers […]

Truck driver shortage sends shipping costs sky-high | CNN Money

Truck driver shortage sends shipping costs sky-high | CNN Money

Companies paid about 6% more for trucking in April than a year ago, the fastest growth in almost seven years, according to the Labor Department. Thomas Bene, chief executive of the food services company Sysco (SYY), told analysts last week that freight costs are “somewhat challenging” and “everyone is seeing that.” Tyson Foods (TSN) CEO […]

Your McDonald’s Experience Is About to Change | The Motley Fool

Your McDonald’s Experience Is About to Change | The Motley Fool

What else is McDonald’s doing? The company has also made some changes to its menu. This includes cooked-to-order Quarter Pounder hamburgers made with fresh beef. It has also revamped its menu, which CFO Kevin Ozan credited for part of the chain’s 2.9% increase in U.S. comparable-store sales in the quarter. “Sales were fueled by higher […]

Could Whole Foods Become Cheaper Than Traditional Grocery Store Shopping? | Benzinga

Could Whole Foods Become Cheaper Than Traditional Grocery Store Shopping? | Benzinga

The Thesis The analysts estimate only 62 percent of Whole Foods shoppers are Prime members, and CNBC reported a 75-percent overlap. As Amazon’s subscription growth begins to slow, capturing the rest of the Whole Foods crowd could prove meaningful. Incremental price cuts may ultimately make Whole Foods cheaper than traditional grocers, and considering U.S. households […]

Ask the Trade: Has Brexit influenced where and how people are spending money? | Cycling Industry News

Ask the Trade: Has Brexit influenced where and how people are spending money? | Cycling Industry News

Paul Thrupp, Cycling 2000 Not at this stage, but long-term our pricing and trading agreements with suppliers, as well as availability, may change where we source product. Richard Sault, Salt Dog Cycling As more of a bike accessories shop, not really. Looking around the trade shows and talking within the industry I think, bike-wise at […]

Peanut Prices Surge Amid Concerns Over Supplies From Argentina | Spend Matters

Peanut Prices Surge Amid Concerns Over Supplies From Argentina | Spend Matters

The peanut market has seen an uptick in pricing lately, caused by the severe drought Argentina has been experiencing, which has also had an impact on other major crops, as reported in our previous post. Prices for Argentinian peanuts delivered to Rotterdam have increased from $1.26 per kg in February to $1.49 per kg in […]