Helen Dickinson news, features and comment – Page 12
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NewsFood price inflation accelerates to 13-year high
Food prices have hit a 13-year high as spiralling production costs piled more pressure on the grocery sector, according to the latest industry data.
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NewsCity Snapshot: Danone and Reckitt Benckiser beat expectations thanks to price rises
Reckitt Benckiser and Danone have continued the trend of stronger-than-expected sales growth from big consumer groups fuelled by hefty price rises. Plus, trading updates from Haleon and Parsely Box, Q2 numbers from Mondelez, first-half results from British American Tobacco and Nichols, Q1 figures from Rémy Cointreau, and the latest shop price index from BRC and Nielsen.
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NewsRetail sector must ‘double down’ on diversity & inclusion, BRC says
The BRC’s latest ‘Tracking Progress on Diversity and Inclusion in UK Retail’ report showed that the sector “still has a long way to go”
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NewsCity Snapshot: Food prices rise faster than headline rate of inflation
Food and drink prices have soared higher than the headline rate of inflation in June as sharp rises in input costs fed through to supermarket shelves. Plus, Premier Foods reports a “strong start” to its financial year; and Finsbury Food Group issues a pre-close trading update.
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Analysis & FeaturesWhat the ‘zombie government’ means for flagship policies on food
With a leadership race so far focused on tax cuts, what does the ‘zombie government’ mean for flagship policies on food?
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NewsCity snapshot: Retail sales fall by levels ‘not seen since the pandemic’
UK retail sales volumes fell back in June at a rate not seen since the depths of the pandemic, as inflation continues to bite, and households cut back spending.
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NewsCity snapshot: Food inflation ramps up in June as fresh prices accelerate
Food prices have raced to a new 11-year high, according to the latest shop price index from the BRC and NielsenIQ. Plus, McBride secure banking covenant waiver as it continues to battle with soaring costs; B&M issues first-quarter update; and Moonpig reveals full-year results.
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NewsBritish food & drink gets major boost during Jubilee
According to British Berry Growers, UK consumers bought 4,900 tonnes of strawberries over the Jubilee week of 30 May to 5 June
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NewsCity snapshot: Retail sales slide amid soaring prices and drop in major purchases
UK retail sales fell back 1.1% in May as the cost-of-living crunch blunted consumer demand and consumers shunned higher value items
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Comment & OpinionJubilee weekend was a boost for high streets. But can it last as budgets are squeezed?
BRC data showed total UK footfall for the jubilee weekend rose by 6.9% compared to the average for May 2022
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NewsJubilee weekend brings boost to retail, with footfall up 6.9%
The biggest surge of the weekend came on Thursday, when footfall was up 45.6% on the average for May
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NewsIncidents of violence and abuse triple during pandemic, BRC crime survey finds
Just over 1,300 incidents occurred each day during the 12-month period, which was up from 455 a day the previous year.
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NewsCity Snapshot: Grocery price inflation accelerates at decade-high pace
Food prices accelerated at their fastest rate in more than decade as retail trade body the BRC warns inflation is set “to get worse before it gets better”.
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NewsFarming and food production costs rise by more than 30% in April
‘Agflation’ could also be exacerbated long-term by impact of environmental rules on dairy
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NewsCity snapshot: Rising cost of living puts brakes on retail spending
The rising cost of living has “crushed” consumer confidence and put the brakes on consumer spending, according to the latest figures from the BRC-KPMG Retail Sales Monitor
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NewsCity snapshot: April supermarket sales continue to slow as shoppers rebalance basket spend
UK supermarket sales fell 1.8% over the four weeks to 23 April, according to NielsenIQ, albeit spending during the Easter period helped lift sales from the 4.1% slump seen in March
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NewsShop vacancy rates are falling but more uncertainty looms, warns BRC
It is only the second quarter in which the vacancy rate has fallen during the last four years
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NewsCity snapshot: Deliveroo posts double-digit first quarter growth against 2021 lockdowns
Deliveroo posted double-digit growth in its first quarter despite benefitting from Covid lockdowns last year, although spend per order fell. Plus retail growth slows in March, Parsley Box targets recovery from “tough” year and all the rest of the latest news from the City.
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NewsCity snapshot: Retail footfall sees gradual improvement in March
UK footfall continued to rebound in March as consumer behaviour stabilises after Covid restrictions, but shopper numbers remain well down on pre-Covid levels
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NewsEnergy price spike and supply chain strain hits food harder than other industries
War in Ukraine had made a bad situation worse, according to an ONS survey