Helen Dickinson news, features and comment – Page 13
-
NewsCity snapshot: Huel sales pass £100m on surging global growth
Plant-based meals brand Huel saw revenues top £100m last year amid strong growth in the UK and its international business
-
Comment & OpinionRishi Sunak’s tax tweaks cannot stem the inevitable rise in food poverty
While the Chancellor will hope his tax-cutting pledges dominate the headlines, the reality is rocketing inflation will cause the biggest drop in UK living standards since records began
-
NewsCity Snapshot: Cost of living hits new 30-year high as energy, petrol and food prices climb
The squeeze on living costs continued to ramp up last month, with food prices up sharply, according to the latest official figures released this morning ahead of the Chancellor’s spring statement.
-
NewsCity snapshot: Greggs bounces back to profit but warns over soaring costs
A busy warning sees return to strong growth, but warn over costs, retail data from , - and Barclaycard, and annual results from and Domino’s Pizza Group.
-
NewsCity Snapshot: February storms fail to dampen footfall
Total UK footfall increased by 2.2 percentage points in February compared to the previous month as the return to the office and normal life boosted shopper numbers despite stormy weather.
-
NewsShop prices hit highest level for more than a decade - BRC
Shop price annual inflation hit 1.8% in February, up from 1.5% in the previous month, which marks the highest rate since November 2011, the British Retail Consortium reported.
-
NewsCity Snapshot: Nichols slides to a loss as out-of-home channel struggles to recover from Covid
Vimto maker Nichols has fallen to a loss as the damage caused to its out-of-home business by the pandemic continued to weigh heavily on the group. Plus, the latest shop price index from BRC, full-year losses balloon at Just Eat Takeaway, a bumper first-half for Hotel Chocolat and full-year results from sausage casings maker Devro.
-
NewsBRC warns inflation will force consumers to cut back on spending
The comments came after NielsenIQ data showed total supermarkets fell 2.9% in the four weeks to 29 January
-
NewsCity snapshot: Ocado’s annual loss grows by £125m as investment hits bottom line
Ocado’s annual losses ballooned to £176.9m last year despite continued top-line growth as investment in technology hit earnings
-
NewsCity snapshot: SSP Group sales recovery hit by Omicron
Travel food retail specialist SSP Group has reported a “good” start to its financial year, though its recovery in revenues was hit in December and January by the spread of the Omicron variant. Plus, Carlsberg 2021 revenues top pre-Covid sales, UK footfall remains supressed and all the rest of the latest news from the City.
-
NewsCity Snapshot: Food price inflation continues to surge in January
Surging food prices have contributed to annual inflation in the retail sector almost doubling in January, according to the latest industry data.
-
NewsFalling vacancy rates offer ‘glimmer of hope’ for retail says BRC
Overall retail vacancy rate across Britain fell 0.1 percentage points to 14.4% in the fourth quarter of 2021, suggesting the structural impact of the pandemic had in some regions ‘peaked’
-
NewsCity snapshot: Lidl claims crown as the UK’s fastest growing bricks and mortar retailer over Christmas
Lidl GB posted annual sales growth of 2.6% over the Christmas period, claiming its festive performance places it as the country’s fastest growing bricks and mortar retailer for the second year running
-
NewsFood inflation hits home as 10,000 grocery prices soar
Six per cent of all supermarket products became more expensive between 27 December and 5 January, according to exclusive Assosia data for the Grocer
-
NewsCity Snapshot: C&C Group Christmas trading hit by Omicron
Magners producer and beer and wine distributor C&C Group has warned that its profits could be impacted by a significant downturn in trading in December amid the spread of the Omicron Covid variant
-
NewsFood inflation spikes in December with price rises set to pick up speed in 2022
Food inflation hit its highest level since March 2019 in December, with fresh food seeing the largest rate of inflation in almost a decade.
-
NewsCity snapshot: Grocery sales fall back despite mounting price inflation
Grocery sales fell by 3.8% in the last 12 week period, according to Kantar, despite inflation rising to its highest level since June 2020.
-
NewsCity snapshot: Black Friday fails to boost retail footfall
Total UK footfall fell by double-digits in November compared to pre-Covid levels, as the Black Friday event failed to boost in-store shopper numbers.
-
NewsCity Snapshot: Food prices soar in November and set to get worse over Christmas - BRC
Shoppers are likely to pay more for their Christmas dinner this year as food prices rocketed to their highest levels in more than a year.
-
Comment & OpinionFace mask flip-flopping is a fiasco and fraught with danger for staff
The return of masks in England could make staff even more vulnerable to incidences of abuse