Grocer 200: Prices are delayed by at least 15 mins
Charlie Bigham’s sales jump but profits slip into the red
Upmarket ready meals supplier Charlie Bigham’s has posted a £9.3m jump in annual sales in its most recent financial year, but investment in growing capacity sent the company into the red.
City uncertain over Tesco’s ‘strong’ start to 2019
Tesco CEO Dave Lewis declared the retailer had a “strong” start to the year, but weakening sales growth left some in the City wondering if its resurgence was beginning to slow.
Post-Brexit export plan targets growth in the US and China
The Department for International Trade has also identified India and the UAE as key territories to ramp up exports
City snapshot: UK readies US and China food export push
The US and China are being targeted in a major new government strategy to boost food and drink exports post-Brexit. Morrisons gains closer customer relationships through Amazon deal expansion, Charlie Bigham’s sees 19% growth but falls to a loss and all the rest of the latest news from the City.
Media Bites 14 June: Tesco, Morrisons/Amazon, Majestic Wine
Tesco CEO Dave Lewis says the supermarket group faces challenges with soggy weather and consumer sentiment.
Iceland reports 4.5% rise in sales as EBITDA falls back
Sales were boosted by a net increase of 43 stores
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Food prices back in inflation as UN warns over global prices
The Grocer Price Index edged up 0.1% in May, following a 0.3% decline the previous month
The Grocer Price Index - Categories
The Grocer Price Index - Retailers
The GPI tracks pricing of more than 70,000 grocery products using a 12-month chained index. The index was set at 100 in September 2008. The average does not include Waitrose. The GPI is compiled by Brand View.
Sainsbury's/Asda merger blocked: analyst reactions
What does Dairy Crest's sale mean for the future of UK dairy?
Sainsbury's-Asda CMA findings: analysts react
Bombshell mergers, sensational shortages and environmental triumphs: 2018 in review
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