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Tesco shopper checkout

Supermarket price inflation drops to lowest level for 18 months Subscription

10 Aug 2018 | By Alec Mattinson

Supermarket price inflation has hit its lowest level for 18 months as the post-Brexit jump in grocery prices continues to stabilise.

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Beer and barbecue

Leaps in sales across retail linked to World Cup and heatwave

20 Jul 2018 | By Rachel Graham

Matches and lighters saw the biggest leap in sales, up 39.2% on the same period last year as shoppers sparked up BBQs

trump one use

Dealing with the Donald: how trade war will hit food & drink Subscription

01 Jul 2018 | By Megan Tatum

Europe and the US have imposed tit-for-tat tariffs on each other - so what effect would a full-blown trade war have?

sainsbury's christmas

Warm weather and World Cup help grow supermarket sales by 2.1% Subscription

26 Jun 2018 | By Henry Saker-Clark

 Warm weather and the start of the World Cup have helped overall supermarket sales rise  2.1% in the 12 weeks to 17 June, marking 25 consecutive periods of industry growth, according to Kantar Worldpanel.

Morrisons shopper in free from aisle

Warm weather boosts UK retail spending in May Subscription

14 Jun 2018 | By Henry Saker-Clark

UK retail sales defied expectations to jump up for the second month in a row in May, buoyed by the warm weather, according to the monthly retail statistics from the ONS.

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City snapshot: Retail footfall returns to modest growth in May Subscription

11 Jun 2018 | By Alec Mattinson

Retail footfall continued to fall in May despite the hot weather, but showed a marked improvement from the footfall collapse of March and April. Plus, dairy exec joins the board of Produce Investments, a look ahead to events this week and all the rest of the latest news from the City.

receipt Inflation money economy web

City snapshot: Supermarket inflation eases to 1.1% in May Subscription

08 Jun 2018 | By Alec Mattinson

The Grocer Price Index measure of supermarket inflation fell from 1.2% to 1.1% as Tesco recorded its lowest level of inflation for almost a year. Plus Distil shares rise after year of double-digit growth and all the rest of the latest news from the City.

Tesco Aisle

Tesco inflation falls but it's still running ahead of rivals Subscription

08 Jun 2018 | By Alec Mattinson

Tesco has recorded its lowest level of inflation for almost a year as the UK’s biggest supermarket looks to step back into line with the other major players.

Shops high street

High street 'facing annihilation', Labour warns Subscription

07 Jun 2018 | By Ian Quinn

Shadow business secretary Rebecca Long-Bailey accused the government of dragging its feet over a review of business rates

andy burnham and dave lewis

Tesco contributes £37bn to wider UK economy, finds report Subscription

05 Jun 2018 | By Ian Quinn

KPMG estimated that Tesco indirectly supported the equivalent of nearly 450,000 jobs in the UK

Tesco shopper checkout

Warmer weather boosts retail spending in May Subscription

05 Jun 2018 | By Henry Saker-Clark

UK retail sales recovered in May as better weather brought consumers back onto British high streets, with sales growth at its fastest for more than four years.

summer bbq

City snapshot: Warm weather drives grocery sales up 2.7% Subscription

30 May 2018 | By Henry Saker-Clark

Grocery sales jumped up 2.7% over the most recent 12 week period as the early summer weather boosted food and drinks sales, according to the latest grocery market share figures from Kantar Worldpanel. Plus, annual profits jump 25.4% at B&M European Value Retail, retail prices fall 1.1% and all the rest of the news from the City.

cereal bowl

Food & drink exports boosted by EU sales growth Subscription

25 May 2018 | By Henry Saker-Clark

UK Food and drink exports jumped up 5.5% in the first quarter of 2018, driven by strong growth in EU markets 

Marks & Spencer

M&S store closures could rise from 60 to 100, reports suggest Subscription

21 May 2018 | By Marianne Calnan

Like-for-like food sales are set to be down 0.2%, with clothing and home like-for-likes down 1.1%

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Damp weather slashes retail footfall in April Subscription

14 May 2018 | By Alec Mattinson

Retail footfall in April plunged by 3.3% year-on-year as the wet start to the month hit shopper numbers across the country, leading to the worst two-month figures since the depth of the recession in 2009.

coop soft drinks aisle

City snapshot: Grocery inflation rises as soft drinks prices spike Subscription

04 May 2018 | By Alec Mattinson, Andrew Don

 Supermarket price inflation rose again last month as the advent of the ‘sugar tax’ caused a spike in the price of soft drinks. Plus, packaging group Smurfit Kappa Group posts underlying first quarter growth of 7%, Kellogg’s organic net sales rise 0.6% in Q1 and all the rest of the latest news from the City.

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