Economy – Page 34
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NewsFood retail distress levels rise in run up to Christmas
Food retailers are among those hit hardest, with an 11% increase in ‘significant’ financial distress
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NewsGrowth at grocers picks up in the run up to Christmas – CBI
Grocery retailers have recorded solid growth in the run-up to Christmas, according to the CBI’s latest monthly distributive trades survey.
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NewsNumber of food and drink makers operating in UK up 6%
The number of food and drink makers operating in the UK has grown 6% to a total of 8,225 businesses, making it one of the country’s most successful industries
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Analysis & FeaturesSainsbury's leads price cuts down as Christmas beckons
Sainsbury’s is leading the way among the supermarket price-cutters
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Analysis & FeaturesWhat’s in the Autumn Statement for the food and drink industry? Your quick guide
Tax credits climbdown aside, the statement was more upbeat than recent versions
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Analysis & FeaturesAutumn Statement 2015 – industry reactions
Here’s our round-up of how the grocery industry has reacted to today’s Autumn statement
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NewsBoost to consumer spending power as Osborne u-turns on tax credits
Osborne said the health of the UK’s public finances had improved so much the cuts were no longer necessary
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NewsUK only major European fmcg market in decline, reports Nielsen
Supermarket price war makes UK the ‘one big blip’ in growing European fmcg market
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NewsCity Snapshot: Supermarket deflation back towards record highs
The Grocer Price Index shows deflation is ractcheting upwards again to move back towards the record high recorded in March, meat producer Stoddarts bought by a group of investors and all the rest of today’s news from the City.
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Analysis & FeaturesDeflation hitting hard as the mults head into Christmas
Deflation is biting the supermarkets as hard as ever as they head into the vital Christmas trading period.
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NewsRetail sales slump in October
Shoppers are holding fire in anticipation of Black Friday, the latest intelligence from the British Retail Consortium for October suggests.
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NewsFood prices still falling, reveals Shop Price Index
Prices fell 0.4% compared with the same month last year
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NewsShopper confidence at its highest on record in Nielsen survey
Number of UK consumers positive about making purchases rose five points to 49%
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NewsCity Snapshot: UK discretionary incomes up 10.6%
Asda’s latest Income Tracker has revealed that average household disposable income is up 10.6% year-on-year, while Waitrose weekly sales rise 1.1% and Science in Sport raises £8.9m.
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NewsRugby World Cup promotions drive retail sales
Supermarket price wars and the Rugby World Cup have provided a shot in the arm for retail sales in food stores last month, according to the latest official figures.
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NewsConditions remain tough for big four as discounters speed up growth again
Trading conditions for the big four supermarkets are showing no signs of improving as Aldi and Lidl ramp up growth again, according to the latest market share data.
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News‘Green shoots’ appear for grocery sector – Begbies Traynor
The beleaguered UK grocery sector is showing the first “green shoots” of recovery as levels of failing businesses in the supply chain eased for the first time in more than two years.
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NewsFood sales drop 1.4%, according to BRC/KPMG Retail Sales Monitor
The late August Bank Holiday and strong sales of furniture and clothes boosted the retail sector in September - but food sales are falling significantly as price wars and deflation continue to bite.
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NewsConsumer spending bounces back from summer slump
The new numbers from Barclaycard showed that the spending growth of 3.7% last month is up on the 3% seen in August
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Analysis & FeaturesSupermarket price deflation at 2% with no sign of easing
The deflation gripping the UK grocery sector shows little sign of easing