All Grocery articles – Page 72
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Opinion‘2023 profit fight will be won by operating model resilience and agility’
Retailers that put all their eggs in the basket of defying the gravity of industry volume decline will find the going tough and likely put their balance sheets under significant pressure, maintains OC&C’s Matt Coode
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NewsDecember sales rise as Christmas brings some cheer for retailers
UK retail sales rose in December 2022 but the uptick masked a drop in volumes due to inflation running at historically high levels, the latest BRC-KPMG Retail Sales Monitor has found.
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NewsLidl Christmas sales soar as shoppers tighten belts
Lidl attracted more than 1.3 million customers and grew sales by almost 25% in the run-up to Christmas.
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NewsWaitrose launches month-long offers to help customers with cost of living
Waitrose is offering customers price reductions across thousands of products during January to help ease the ongoing cost-of-living crisis.
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NewsB&M profits to come in ahead of expectations after Christmas sales advance
Value powerhouse B&M reported a “very good” seasonal performance at its core UK business and full-year earnings are now expected to beat City expectations.
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NewsGreggs beats strikes and bad weather to post strong seasonal sales
Food-on-the-go specialist Greggs generated a big Christmas sales rise to end the year strongly.
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NewsSainsbury’s unveils ‘biggest ever’ investment in higher staff pay
Sainsbury’s is making its “biggest ever” investment in higher wages for staff, bringing its hourly pay rate up to at least £11 per hour.
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NewsGrocery sales hit record £12.8bn over Christmas as inflation drives up prices
Take-home grocery sales passed the £12bn mark for the first time in December, with inflation the key driving factor as volumes decreased.
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NewsMorrisons slashes prices on 130 items as cost of living bites
Supermarket giant Morrisons has reduced the prices on 130 items at the start of the year including bread, meat and cheese to help shoppers struggling with ongoing inflation.
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NewsFood inflation leaps to highest rate on record
Food inflation has risen to its highest rate on record, accelerating to 13.3% last month, the latest figures from the BRC-Nielsen Shop Price Index have shown.
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NewsGymshark and Boden founders recognised in new year honours
Gymshark founder and chief executive Ben Francis has been awarded an MBE for services to business in the 2023 new year honours list.
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NewsAldi hails record Christmas as World Cup and festive trading boost sales
Aldi has reported surging sales as the World Cup and the festive period, combined with a flight to value driven by the cost-of-living crisis, helped deliver its “best Christmas ever”.
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NewsHotel Chocolat teams with new partner for Japan expansion
Hotel Chocolat has entered a strategic partnership with Eat Creator Corporation to optimise the brand for the Japanese market.
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NewsFree-range egg rules could be relaxed to help UK farmers compete with Europe
The government is considering relaxing the rules around what qualifies as a free-range egg to help farmers battling a record avian flu outbreak compete with the European Union.
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AnalysisBuys, boardroom exits and botched IPOs: retail’s biggest stories of 2022
From accounting scandals to crushing collapses, the thrills and spills of retail have provided plenty to talk about this year. As 2023 dawns, here’s our pick of the biggest eyebrow-raising stories from the industry in 2022
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NewsFormer chancellor criticises government delays on HFSS marketing ban
Former chancellor George Osborne has said he is “disappointed” the government has delayed implementing its proposed marketing ban on foods high in fat, sugar and salt.
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AnalysisDomino’s digital director lays out vision to become ‘Netflix of food’
Think Domino’s is just pizza? Think again. Nick Bamber, the digital marketing expert whose career spans roles at Asda and Missguided, is evolving the brand to become an ecommerce power player. Having already made inroads, Bamber gives a sneak peek into what’s working ahead of his special guest appearance at Retail Week’s breakfast briefing on January 24
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NewsTesco facing UK lawsuit over F&F working conditions in Thailand
Supermarket giant Tesco is facing a lawsuit in the UK from Burmese migrant workers who claim they were used by F&F suppliers as slave labour in Thailand.
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Opinion'Retail’s 12 gifts of Christmas to customers and the country'
Retailers have once again pulled out all the stops to look after consumers during 2022 – a year when customers and companies alike have laboured under burdens such as soaring inflation and the disruption following Russia’s invasion of Ukraine. George MacDonald celebrates the retail industry’s fantastic contribution
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NewsNovember retail sales rise by value but volumes fall, official data shows
Retail sales increased by value last month but volumes declined, the latest ONS data revealed.