Wake Up to Money Turning AI mode on
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Jul 29, 2025 John Walsh, Chief Executive and Founder of the gut health food brand Bio and Me, shares insights on navigating soaring food prices and the impact of tariffs on almond costs. He discusses how rising grocery prices are affecting consumer behavior and brand resilience. The conversation also touches on the exciting launch of Google's AI mode, which revolutionizes search by providing conversational answers, reshaping digital marketing dynamics alongside consumer concerns in the current economy.
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Generational Gap on Penalties
- John Walsh shared how his family and his mostly female team were emotionally engaged in the penalty shootout in the women's Euro final.
- The younger generation sees penalties as normal and consistently expects their team to win them.
Tariffs Impact on Ingredient Costs
- Tariffs and supply constraints have caused almond prices to spike 50% impacting food producers like Bio and Me.
- Lower shipping costs partly offset the rise, but supply chain disruptions have tangible effects on input costs.
Food Prices Outpace Inflation
- UK food prices rose 4% in early July, significantly outpacing the overall shopping inflation of 0.7%.
- Staples like meat and tea have seen the fastest price increases, putting pressure on household budgets.