Food Drives Shop Price Inflation To 18-Month High
A “significant” jump in the cost of grocery staples has contributed to shop price inflation hitting its highest rate since March last year.
The data...
Growing Sales Opportunity For Retailers From Impulse Buys
Recent studies have shown UK shoppers are shopping more frequently but buying fewer items per trip, suggesting consumers are likely increasing the frequency of...
Supermarket Chiefs Warn Chancellor Of Consequences If More Costs Are Imposed...
The heads of all the major supermarket chains in the UK are among a group of 60 Chief Executives from leading retailers that have...
Interest Rate Cut Boosts Consumer Confidence, But Still Many Clouds On...
Despite the continued weak economic conditions in the UK, GfK’s Consumer Confidence Index increased by two points to -17 in August, with four of...
Poundland Starting To See Positive Results From Back-To-Basics Approach To Restoring...
Poundland has revealed some of the steps it hopes will restore its value credentials and win back shoppers.
Speaking to trade magazine The Grocer, the...
WH Smith Reduces Profit Forecast After Discovering Significant Accounting Error
Shares in WH Smith plummeted over 40% this morning after the company announced it was revising its financial forecasts and commencing an independent review...
Consumer Confidence Edges Up But Remains In The ‘Doldrums’
Consumer confidence in the UK edged up in August, yet households remain wary due to ongoing inflation and economic uncertainty.
According to the latest BRC-Opinium...
Food Prices And Air Fares Drive Unexpected Rise In Inflation
Official figures released today show that prices in the UK rose even faster than expected last month, reaching the highest level in 18 months.
Inflation...
Justin King Stepping Down From M&S Board
Justin King, the renowned former CEO of Sainsbury’s, will step down from his role as Non-Executive Director on the Board of Marks & Spencer...
John Lewis Appoints New Chief Digital & Omnichannel Officer
John Lewis has hired Dom McBrien as its Chief Digital & Omnichannel Officer, a role that will sit on the department store retailer’s Management...