(WJET/WFXP) — Olive Garden has announced that it will continue to raise prices, following a drop in sales last quarter. The CEO stated that the company is still avoiding offering discounts to attract customers, despite a decrease in sales and loss of customers. During the company’s earnings call held on Thursday, Darden executives attributed the … Read more
Industry Minister François-Philippe Champagne says he is working hard to try to rein in high grocery prices, despite there being no windfall tax for grocers in the 2024 budget after prior threats to impose tax measures if prices weren’t brought under control. In an interview on The West Block, Champagne told host Mercedes Stephenson that … Read more
Grocery price inflation may finally be slowing across Canada, but as some food costs remain high, a new report has found many are open to consuming “risky foods” despite the potential health risks. The report, set to be released Thursday by Dalhousie University’s Agri-Food Analytics Lab but provided to Global News in advance, found 58 per … Read more
World food prices rebounded in March from a three-year low, boosted by increases in vegetable oils, meat and dairy products, according to the United Nations food agency’s latest price index. The Food and Agriculture Organization’s (FAO) index, which tracks the most globally traded food commodities, averaged 118.3 points in March, up from a revised 117.0 points … Read more
Please indulge me in some taxi-driver reporting (or, in this case, ride-share driver reporting): A few months ago, travelling in a city cheaper than New York, my driver told me that he and his wife had a weekly date night. It was nothing fancy – a sit-down restaurant for a burger and a beer – … Read more
Descrease article font size Increase article font size The United Nations food agency’s world price index fell in February for a seventh consecutive month as lower prices for all major cereals more than offset the rising price of sugar and meat. The Food and Agriculture Organization’s price index, which tracks the most globally traded food … Read more
Plant-based meat could soon contain animal fat — but not the kind you’re probably thinking about. In recent years, meat alternative companies have debuted their products to acclaim and interest. And while the plant-based food market is growing, not all products are seeing the same kind of uptake with some companies’ stocks now trading at … Read more
Canada’s long-planned grocery code of conduct “will not work” without the cooperation of big grocery chains, like Loblaw and Walmart, MPs were told by an industry expert at a parliamentary committee meeting. In its current state, both Loblaw and Walmart Canada have so far refused to sign on to the code that has been in … Read more
