Economy – Page 3
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News
City snapshot: Grocery sales growth rises as inflation edges back up
Grocery sales growth rose by 3.8% in the four weeks to 4 August as food inflation edged back upwards for the first time in more than a year
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Comment & Opinion
We need more meaningful interactions between buyers and challengers
Finding and contacting the right buyer turns the entrepreneur into a LinkedIn stalker, says Jason Gibb, co-founder of Bread & Jam
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News
City snapshot: summer boosts food and clothing sales
UK retail sales were back in growth in July after a poor June as the advent of summer and warmer weather boosted food and clothing sales
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Analysis & Features
Where is Morrisons going right, as Asda is going wrong?
Morrisons’ CEO Rami Baitiéh has staged improvements on price and availability, while Asda is facing falling sales and staff walkouts
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Comment & Opinion
We need to scrutinise the ‘cost of business’ for challengers
Startups are spending tens, if not hundreds, of thousands of pounds just to elicit a response from buyers, says Thea Alexander, CEO at YF
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Analysis & Features
As inflation recedes, has the tide turned on discounter growth?
New figures show Aldi is now in negative growth, and variety discounters that once were riding high are also going backwards
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News
City snapshot: Retail sales slide in June amid poor weather
UK retail sales volumes fell back in June, according to official figures, to take industry sales into decline for the second quarter
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News
City snapshot: Poor weather hits June retail sales
UK retail sales fell backwards year on year in June as damp weather hit consumer spending during the month, according to the latest BRC-KPMG Retail Sales Monitor
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News
VBites founder Heather Mills acquires vegan online retailer Alternative Stores
Mills’ acquisition of the plant-based store is to support her mission to create a ‘one-stop shop for convenience’
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News
City snapshot: Wet weather dampens grocery sales growth
Poor weather and a significant drop in inflation has dampened grocery sales growth, according to the latest grocery market share figures from NIQ
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Analysis & Features
Election: what do the parties promise when it comes to business and workers' rights?
With less than two weeks to go, here’s what the big hitters have to say on business rates, wages, worker rights, apprenticeships, taxes and more
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News
City snapshot: UK inflation back at 2% as food prices fall
UK CPI inflation was back to the Bank of England target of 2% in May, as food prices fell back during the month compared to a rapid price rise a year ago
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Category Report
Cheese trends 2024: Battle of the heavyweights
The big cheese brands are back in growth and fighting for consumer attention. Who will win, and where does this leave smaller producers?
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News
City snapshot: Grocery growth slumps amid wet weather and falling inflation
Take-home grocery sales rose by just 1% over the four weeks to 9 June 2024, marking the slowest increase since June 2022, as poor weather and falling inflation hit supermarket sales
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News
ShareAction calls on Tesco to justify Ken Murphy’s £10m pay package
Murphy’s pay more than doubled last year, despite his fixed pay falling from £1.7m to £1.6m, with a bonus of £3.38m and shares worth £9.91m
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Comment & Opinion
From inflation to innovation: the tide is turning for fmcg
The fmcg industry can finally get back to what it does best: differentiated innovation that excites consumers, says Warren Ackerman, head of European consumer staples research at Barclays
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News
Food manufacturers see revenues drop 9% in the first three months of 2024
British food manufacturers are still under immense economic pressure
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Analysis & Features
How much are the top supermarket bosses paid?
From the lowest to the highest, here are the salaries of the UK’s leading supermarket bosses
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News
City snapshot: mild recovery for retail sales in May as election looms
UK retail sales gained 0.7% in May as rising food sales continue to mitigate weakness in the non-food sector
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News
City snapshot: Improved weather drives uptick in UK grocery sales
UK supermarket sales remained strong in May, rising 3.3% as shoppers responded to the warmer weather to drive value sales growth to a two-month high