Fraser McKevitt news, comment and analysis – Page 3
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NewsGrocery inflation hits new 17.1% high as discounter growth soars
Grocery price inflation has soared to a new high of 17.1% as the discounters continue to rapidly take share from the major supermarkets
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NewsCity snapshot: Ocado shares slump as annual loss hits £500m
Ocado has posted a statutory loss of over £500m after a slowdown in its retail operations, sharply rising costs and one-off charges hit its bottom line. Plus, Kantar finds grocery inflation hits new high, profits and sales up and Kitwave and McBride posts first half recovery
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NewsCity snapshot: Grocery price inflation soars to new record high
UK supermarket sales rose by 5.7% in January, according to the latest market share figures from Kantar, though this was significantly lower than the record 16.7% price inflation recorded in the month
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NewsBumper Christmas sees mults win back market share from discounters
Soaring food price inflation drove a bumper increase in Christmas sales for supermarkets as they won back share from the discounters, Kantar has revealed
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NewsCity snapshot: Soaring prices deliver record Christmas supermarket sales
Spending in supermarkets has breached the £12bn barrier for the first time this Christmas thanks to soaring inflation, new Kantar figures have revealed. Plus, the BRC-NielsenIQ shop price index shows a new record for food inflation.
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NewsCity snapshot: Grocery price inflation dips for the first time in 21 months
Grocery price inflation saw its first small monthly dip for almost two years over the past month as higher prices continue to drive sales value growth across the sector. Plus, SSP revenues and profits bounce back, consumer spending data from BRC-KPMG and Barclaycard and all the rest of the latest news from the City
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NewsCity snapshot: Record high grocery inflation sends shoppers flocking to Aldi and Lidl
Grocery price inflation has hit a new record high resulting in cash-strapped households turning to the discounters and own-label ranges to manage stretched budgets, according to the latest Kantar figures. Plus, annual results from Associated British Foods, a trading update from Hilton Food Group, a Q3 update at Coca-Cola HBC, the latest monthly data on retail sales from BRC-KPMG and consumer spending from Barclaycard, and Britvic is searching for a new CFO.
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Events & AwardsWatch: The Grocer Own Label Awards 2022
Hosted by The Grocer’s editor-in-chief Adam Leyland, with an exclusive talk from Kantar’s head of retail & consumer insight, Fraser McKevitt
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NewsAsda is back in the game and its Just Essentials range is playing a big part in that
Source: Our Creative Asda is leading the charge on value among traditional supermarkets. And it’s working. Total grocery sales have grown 4.5% in the latest 12-week period, attracting an additional 417,000 customers compared to last year [Kantar, 12 w/e 2 October]. This is significant growth, given sales ...
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NewsWonky veg buyers number 4.8 million as cost of living crisis changes shopping habits
In October 2021, 14% of shoppers bought imperfect produce. One year later that number has now increased to 16.7%, according to Kantar
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NewsAldi widens gap on Morrisons as more shoppers flock to discounters
Lidl and Aldi both grew sales by more than 20% in the 12 weeks to 2 October, according to Kantar
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NewsThe Grocer New Own-Label Awards Virtual Event to take place on 14 October
From 11am, we’ll live-stream our New Own-Label Awards Virtual Event, recognising the most outstanding products from the UK’s leading grocers
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NewsCity snapshot: Aldi overtakes Morrisons as grocery inflation soars to 12.4%
The UK’s big four grocers are no more as Aldi has overtaken Morrisons’ market share as private label sales continue to grow amid soaring inflation. Plus, Ocado returns to growth in Q3, FeverTree first half sales rise but shipping costs hit profits and all the rest of the latest news from the City.
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Analysis & FeaturesSupermarket promotions on food and drink are disappearing - this is why
Faced with increased threat from discounters, the major mults are turning to everyday low price (EDLP) offerings and targeted promos informed by loyalty data
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NewsAmazon halts rollout of Fresh stores across the UK
Amazon opened its first checkout-free convenience store in Ealing in March last year, its first physical retail site outside North America
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NewsCity snapshot: Grocery inflation hits new high of 11.6% to lift supermarket sales
Supermarket sales rose by their highest level for over a year in the most recent 12-week period as a new inflationary high boosted sector revenues
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NewsCity snapshot: Supermarket sales return to growth amid soaring inflation
Grocery sales returned to modest growth over the past 12 weeks for the first time in more than a year as inflation soared to almost 10%
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Category ReportIs organic’s luck about to run out? Organic category report 2022
Organic sales have shrunk slower in grocery than standard food. But can the category’s fortunes endure the cost of living crisis?
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NewsCity snapshot: Supermarket sales show recovery amid soaring inflation
Supermarket sales fell by 1.9% over the past 12 weeks, despite inflation soaring to its highest level since 2009. Plus Ocado raises £578m from new share placing.
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Comment & OpinionHygiene poverty is fast becoming a hidden crisis, but retailer initiatives can help
As prices rise, some shoppers may have no choice but to remove items from trolleys – and they’ll likely start with toiletries