Reuters — Canada’s competition watchdog said on Monday it would examine factors impacting soaring food prices and whether more competition in the grocery stores sector could help lower costs for Canadians. Price rises for store-bought food have been outpacing the broader annual inflation rate for 10 consecutive months, and grew 11.4 per cent in September, […] Read more
Tag Archives retailers
Competition Bureau to probe soaring food prices
Retail food prices seen outpacing inflation
Pot producer Canopy Growth to shed retail stores
Company working on 'path to profitability'
In full cost-cutting mode, Canadian cannabis producer Canopy Growth Corp. is set to shed a significant chunk of its vertical integration model by selling off the retail pot shops it owns across the country. Smiths Falls, Ont.-based Canopy announced Sept. 27 it has an agreement in place with OEG Retail Cannabis — already the owner/operators […] Read more
Canadian retailers impose limits on baby formula purchases
Canada not as hard hit by shortage as U.S.
Toronto | Reuters — Many Canadian retailers have imposed limits on the amount of baby formula customers can buy amid a shortage following Abbott Laboratories’ February production suspension in the United States, an industry spokesperson said on Wednesday. Canada has not been as hard hit by the shortage caused by the suspension at the Abbott […] Read more
Major U.S. retailers limit infant formula purchases on shortage
Reuters — U.S. retailers including Target, CVS and Walgreens Boots Alliance said on Tuesday they have limited purchases of infant formula due to a supply shortage. The limits come after top supplier Abbott Laboratories in February recalled some baby formula including Similac made at its plant in Michigan over complaints of bacterial infections in infants […] Read more
Industry-led Code of Conduct for retailers on horizon
Provincial agriculture ministers encourage industry collaboration to find solution
A report from the federal-provincial working group says the retail sector has levied an increasing number of fees on suppliers, and is proposing the formation of a code of conduct as a potential solution. Canada’s agriculture ministers are now calling on industry to lead the process. They formed the working group to study the issue […] Read more
Indian government, farmers fail to break deadlock on ag market laws
New Delhi | Reuters — The Indian government and representatives of protesting farmers failed to reach an agreement on contentious new agriculture laws on Friday and said they will meet again in a week’s time. Tens of thousands of farmers have been camped on the outskirts of the capital New Delhi for over a month, […] Read more
Food retail order boom may ease after big quarter, Conagra says
Reuters — Conagra Brands put better-than-expected first quarter sales on Thursday down to heavy ordering by retailers worried about the durability of supply chains in the months ahead as a second wave of coronavirus cases takes hold. Shares in the foodstuffs maker dipped as much as three per cent before recovering after chief financial officer […] Read more
India to let farmers sell produce directly to traders, retailers
Current system seen reducing farmer bargaining power
New Delhi | Reuters — India is to allow farmers to sell produce directly to bulk buyers such as trading companies, food processors and large retailers, the farm minister said on Wednesday. This would obviate the need for farmers to bring their produce to India’s more than 7,000 regulated wholesale markets and let buyers buy […] Read more
Opinion: Delivering on delivery
Consumers want the convenience of grocery delivery, but environmental considerations affect their decision as well
Walmart just announced it will now offer a one-day delivery service to its customers in the United States. It’s a move that will help them compete with Amazon, and Walmart will begin offering its service in Phoenix, Las Vegas, and southern California. Why it matters: Grocery home delivery service is a growing phenomenon but convenience […] Read more
France delays food price rise for farmers after protests
Paris | Reuters — France, reeling from violent protests over the cost of living, said Wednesday it will delay a planned rise in minimum food prices, incurring the wrath of the main farmers group which urged street action next week. A powerful constituency in French politics, farmers have long complained of being hit by a […] Read more
Cyber-Savvy Farmer
