The growing cost of food Archives - Just Food
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

The growing cost of food

Consumers face rising food bills as costs mount

Food producers are facing rising raw material costs, particularly for dairy ingredients and wheat, making food price inflation almost inevitable. But, writes Dean Best, in the midst of a continuing price war, supermarket retailers will...

US: Wal-Mart issues stark profit warning

US: Wal-Mart issues stark profit warning

Wal-Mart warned today (14 August) that its full-year profits would not meet its initial targets thanks to consumers worldwide tightening their belts. Wal-Mart president and CEO Lee Scott said customers are feeling "economic pressure".