Helen Dickinson news, features and comment – Page 15
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NewsMorrisons’ largest investor Silchester publicly rebukes £6.3bn Fortress offer
Silchester International Investors, which holds a 15.1% holding in Morrisons, said in a statement that it was “not inclined” to support the existing offer from Fortress.
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NewsPingdemic: Richard Walker and Steve Rowe accused of risking ‘spooking’ public
Iceland MD Richard Walker has made a series of TV appearances in recent days saying absence rates have forced him to close stores
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NewsPingdemic: up to 10,000 food supply chain workers to be exempt from self-isolation rules
However the government has stopped short of including shopworkers
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News‘Pingdemic’ leaves some stores 30% down on staff as supermarket absence crisis looms
Some stores have begun moving staff between locations to tackle particular hotspots
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NewsNI supermarkets call for action to avoid further Brexit disruption
Retailers have written to Brexit minister David Frost and European Commission VP Maroš Šefčovič
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NewsCity snapshot: Retail sales surge in June to create fastest quarterly growth on record
Retail sales strongly rebounded in June as shoppers returned to stores and grocery sales remained robust despite the reopening of pubs and restaurants
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NewsBRC demands easing of isolation as Iceland boss slams ‘s*** show’ for businesses
The date is currently set as 16 August, nearly a month after social distancing rules are set to ease
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NewsBusiness rates revaluations to take place every three years instead of five
The move will make the tax better reflect changing economic conditions, according to a government consultation
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NewsCity Snapshot: Supermarket price war keeps lid on inflation fears
Food prices have fallen for a third month in a row as the supermarkets continue to fight it out to attract shoppers from rivals, according to new data. Plus, record full-year results for Cake Box; and Treatt CFO Richard Hope to retire after 20 years with the ingredients company.
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NewsCity snapshot: May retail sales boosted by hospitality reopening
UK retails sales jumped 10% in May on a two-year basis, driven by buoyant consumer spending as the UK reopens from the coronavirus lockdown
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NewsCity Snapshot: Supermarket sales drop as Brits return to the pub
Grocery sales at UK supermarkets have tumbled as locked-down consumers returned to pubs, cafes and restaurants following easing of coronavirus restrictions, the latest data from NielsenIQ showed. Plus, food prices fall for second month in a row as supermarkets battle it out to win shoppers, according to latest BRC-NielsenIQ Shop Price Index.
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NewsAbuse and violence against shopworkers up 7%, BRC’s latest annual crime survey finds
Shopworkers faced 455 incidents of violence and abuse each day in the year to April 2020, BRC research showed
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NewsSupermarkets in talks over dropping social distancing measures
The Grocer has learnt retail operations executives will meet with government officials in the coming days in an effort to set a timeframe for many of the measures to disappear
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NewsCovid screens to stay in Morrisons despite pandemic retreat, says Potts
More than 400 Morrisons cafés that will open on Monday fitted with new screens for the long term
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NewsCity Snapshot: “Encouraging” start for Morrisons but sales growth slows in Q1
Growth has slowed at Morrisons in its first quarter as society began to reopen and the supermarket started to lap its own figures from last year when panic-buying was in full force during the first national lockdown. Plus, Q1 figures from Coca-Cola Europacific Partners, THG acquire US beauty product manufacturer, the latest retail sales data from BRC-KPMG and the latest spending report from Barclaycard.
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NewsBRC calls for end to social distancing as retail footfall struggles
BRC CEO Helen Dickinson said businesses were hoping for social distancing to come to an end
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NewsCity Snapshot: Kitwave unveils £105m IPO on London’s junior market
Wholesaler Kitwave has announced it will join the London Stock Exchange in a move valuing the company at £105m. Plus, shoppers return to the high street as Covid restrictions eased and non-essential stores reopened, according to latest footfall data.
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NewsCity snapshot: Nestlé agrees $5.75bn Bountiful Company supplements deal
Nestlé has boosted its presence in the global nutrition and supplement market with the US$5.75bn acquisition of The Bountiful Company
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NewsSupermarket price war drives down food prices for first time since 2017
Food prices have fallen for the first time in more than four years as supermarkets continued to slug it out in a bid to win shoppers, according to the latest figure from the British Retail Consortium and NielsenIQ.
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NewsCity snapshot: Sainsbury’s slumps to a loss despite surging revenues
Sainsbury’s has plunged into the red after £485m of Covid-related costs and £600m-plus of restructuring charges for its Argos transformation programme more than offset a surge in revenues over the past year. Plus, on a busy morning, trading updates from Reckitt Benckiser, Carlsberg and Nichols; Deliveroo appoints two non-execs; and the latest shop prices index from the BRC and Nielsen.