All Inflation articles – Page 7
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Data
Data: Consumer confidence plummets as cost-of-living crunch bites
Consumer confidence dropped further in March as concerns over the cost of living grew, with 30-year-high levels of inflation and soaring fuel and food prices.
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News
Asda launches new budget range and extends loyalty programme to more stores
Asda has launched a new Just Essentials budget range and extended its loyalty programme to more stores as it seeks to support customers through the cost of living crisis.
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Analysis
Analysis: Did Rishi Sunak’s statement put a spring in retail’s step?
On the day inflation hit a three-decade high, chancellor Rishi Sunak delivered a spring statement light on action but heavy on promises as the cost of living crisis continues to spiral.
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News
Inflation hits 30-year high ahead of Sunak’s spring statement
Inflation shot up again in February as fuel, energy and food costs all surged ahead of chancellor Rishi Sunak’s spring spending statement later today.
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Analysis
Analysis: Why Kingfisher’s success is built on more than just lockdown headwinds
With inflationary pressures front of mind for both retailers and customers, Retail Week explores why Kingfisher believes the business is prepared to sail through the storm
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Analysis
Analysis: As Ocado and Deliveroo warn of slowdown, where next for online food delivery?
Both Ocado and Deliveroo have warned of a potential slowdown in their businesses. Retail Week looks at how the two digital food retailers are looking to navigate the headwinds.
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News
Fashion giant Inditex warns of price rises as inflation hits
Zara owner Inditex has introduced price rises across its different brands in line with cost inflation.
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Opinion
'From the pandemic into war – long-term disruption looks like retail’s new normal'
The Keynote: From the pandemic into war – long-term disruption looks like retail’s new normal
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News
Greggs boss Whiteside refuses to rule out price rises as inflation deepens
Greggs boss Roger Whiteside has said it would be “irresponsible” to rule out further price rises on products and warned inflation could hit 6% or 7% this year as ingredients and energy prices skyrocket.
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News
Hotel Chocolat on a high as profits outstrip sales growth
Hotel Chocolat has hailed another strong trading period for the business despite wider inflationary pressures as profit grew faster than sales growth.
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Analysis
Analysis: How Ukraine crisis will impact food prices, petrol and confidence
As the world watches in horror at the unfolding Russian invasion of Ukraine over the last few days, the war will only increase pressure on UK retail in an already inflationary environment.
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Data
Data: Four out of five consumers mull switching to discounters as cost of living soars
A new survey has found that four out of five UK consumers are considering switching to value or discount retailers due to the growing cost-of-living crunch.
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Data
Data: Consumer confidence hits lowest point in a year as price rise fears grow
Consumer confidence has dropped to its lowest point since January 2021, one of the worst months of the pandemic.
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News
Asda strike looms as thousands reject pay deal
Asda faces the threat of industrial action as thousands of lorry drivers, warehouse staff and clerical workers voted against a revised pay offer from the grocer.
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Opinion
‘Asda’s reaction to Jack Monroe reveals rise of a new style of influencer’
As the spiralling cost of living unsettles consumers – inflation now stands at a 30-year high according to this week’s ONS data – retailers’ value propositions are coming under the spotlight in new ways, sometimes in an unflattering light, from a new type of influencer.
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Data
Data: Online retail grows at slowest rate on record in January
Ecommerce sales grew at the slowest rate on record in January as retailers battle the ongoing cost-of-living crisis and rising inflation.
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Gallery
Store gallery: Poundland launches new large-format store to focus on fresh food
Poundland has opened its first large-format store, offering more fresh food in a bid to attract cash-conscious customers to do their weekly shops with the discount chain.
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Analysis
Analysis: Aldi vs Lidl – which discounter will take the edge in grocery’s next price war?
In the wake of the 2008 global financial crisis, Aldi and Lidl’s sales soared as cash-strapped customers switched. With the UK now facing the worst cost-of-living crisis in 30 years, which of the discounters is best placed to benefit?
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News
Ocado boss downplays effects of food inflation on online grocery sales
Ocado boss Tim Steiner has said the pureplay grocer has been largely immune to the inflationary price rises gripping the industry and downplayed risks to sales.
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News
Asda makes budget ranges promise after anti-poverty campaigner complaints
Asda will ensure its budget Smart Price and Farm Stores ranges will be available at all of its 581 stores and online after complaints from anti-poverty campaigner Jack Monroe.