Helen Dickinson news, features and comment – Page 22
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Comment & OpinionA 12 December general election comes too late to boost consumer confidence
As one source put it: “The election creates uncertainty about whether there could be even more uncertainty.”
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NewsCity snapshot: Retailers turn hopes to ‘golden quarter’ as prices drop
UK shop prices continued to slide in October, marking the fifth consecutive month of decline as retailers hoped to reverse weak sales with greater discounts. Plus non-execs step down at Sainsbury’s, Mondelez raises guidance on emerging markets growth and all the rest of the latest news from the City.
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Analysis & FeaturesBrexit extension granted: food and drink industry players react
Food and drink industry leaders have been given their reaction to another Brexit delay
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Analysis & FeaturesBoris Johnson’s Brexit deal: food and drink industry leaders react
MPs are set to vote on the deal in parliament tomorrow
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NewsCity snapshot: UK retail footfall continues to plunge
Retail footfall has dropped once more in September as consumer caution ahead of Brexit increased.
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NewsUK sales hit record low as Brexit woes continue
Like-for-like retail sales shrunk by 1.7% in September from a fall of 0.2% in 2018
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NewsBrexit uncertainty pushes retail sales to ‘new record low’ in September
UK retail sales slumped 1.3% in September, crumbling to a “new record low” for the month
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NewsCity snapshot: Tesco CEO Dave Lewis to step down
“I believe that the tenure of the CEO should be a finite one and that now is the right time to pass the baton,” he said.
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NewsFood and drink leaders meet Michael Gove to urge Brexit chaos prevention
Gove met with industry bosses and business secretary Andrea Leadsom on Wednesday
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NewsFood and drink reacts to Operation Yellowhammer ‘worst-case scenario’ report
Yesterday ministers published the findings of Operation Yellowhammer, having been being forced to make the document public
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NewsRetail footfall drops amid continued Brexit uncertainty
Retail footfall continued its downward trend in August amid weakening consumer confidence and Brexit uncertainty
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NewsUK shop prices fall in August amid high levels of promotions
UK shop prices have continued to slump in August as weak consumer spending and mounting competition led to higher discounting within the retail sector
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NewsRetail CEOs call for reform of ‘broken’ business rates system
Signatories to the letter include Asda, Sainsbury’s and the Co-op
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NewsCity snapshot: Retailers demand ‘fixing’ of ‘outdated’ business rates
Representatives of more than 50 high street retailers have urged Chancellor Sajid Javid to take action. Plus, meal kit provider HelloFresh sees 37% quarterly sales jump and first group-wide profit, organic sales slip at Henkel and all the rest of the latest news from the City.
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NewsJuly retail footfall worst in seven years
Retail footfall continued to decline in July, marking the worst performance for the month since 2012. Plus, New Zealand dairy giant Fonterra takes £300-plus writedowns on global businesses and all the rest of the latest news from the City.
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NewsUK retail woes continue with ‘worst July on record’
Retail sales in the UK continued to disappoint with the latest performance marking the ‘worst July on record’
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Analysis & FeaturesFood price inflation easing but petrol prices on the rise
July marked a second consecutive month of deflation for UK shop prices
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NewsUK shop prices continue falling in July dragged by non-food deflation
UK shop prices fell 0.1% in July, marking the second consecutive month of deflation since October 2018
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NewsRetail employment keeps slides amid changing consumer behaviours
Retail workforce numbers fell 2.3% in the second quarter with 72k jobs lost in the three months to June
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NewsNew prime minister Boris Johnson urged to abandon no-deal threat
Johnson was elected to lead the Conservative Party today by 92,153 votes to 46,656 over his rival Jeremy Hunt