Helen Dickinson news, features and comment – Page 23
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NewsCity snapshot: Retail footfall slumps in June as high street woes continue
Retail footfall slumped in June as poor weather and Brexit uncertainty continued to bash the struggling UK high streets. Plus, new FD for Real Good Food, Sports Direct delays results and all the rest of the latest news from the City.
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NewsAAC’s post-Brexit Irish border plans slammed as ‘unworkable’
BRC and FTA warned ‘alternative arrangements’ would not guarantee frictionless trade on the island of Ireland after Brexit
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NewsCity snapshot: Ocado posts deep first half loss after £100m Andover fire hit
Ocado has posted a first half pre-tax loss of over £140m after the fire at its Andover warehouse cost the online supermarket almost £100m. Plus, PhD Nutrition acquisition drives first half sales surge at Science in Sport and all the rest of the latest news from the City.
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NewsUK retail sales suffer ‘worst June on record’ as summer fails to shine
UK retail sales fell 1.3% as bad weather and Brexit uncertainty halted consumer spending.
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NewsCity snapshot: Sainsbury’s first quarter sales slide amid non-food slump
Sainsbury’s like-for-like sales fell by a further 1.6% in the 16 weeks to 29 June to put further pressure on CEO Mike Coupe after its failed merger with Asda. Plus, PureCircle issues profits warning, shop prices drop but food inflation holds steady and all the rest of the latest news from the City.
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NewsCo-op Food CEO calls for tougher penalties over shop worker assaults
Quarterly figures from the Co-op show that 2,500 incidents of abuse were made against employees
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NewsCity snapshot: Ocado makes £17m bet on vertical farming
Ocado is committing £17m into two acquisitions to make it a global leader in the newly emerging vertical farming industry. Plus, retail footfall plummets in May to its worst month in six years, Distil posts double-digit annual growth and all the rest of the latest news from the City.
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NewsRetail suffers worst sales performance since 1995
Retail sales have suffered their worst month in nearly a quarter of a century, the latest data from the British Retail Consortium and KPMG has revealed.
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NewsCooler spring weather hampers grocery sales growth
The latest grocery market share figures show supermarket sales growth has slumped in recent weeks to due the cooler temperatures compared to last year’s sunny spring weather.
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NewsTown centre vacancy rates soar
Vacancy rates in town centres have risen to their highest in four years, according to the latest BRC-Springboard Footfall and Vacancies Monitor.
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NewsWarm weather boosts food sales over Easter
Food enjoyed an upbeat April because of the warm weather over the Easter weekend, the latest BRC-KPMG retail sales monitor shows.
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NewsMedia Bites 8 May: 2 Sisters, Retail sales, HelloFresh
2 Sisters Food Group is seeking a buyer for its Matthew Walker Christmas puddings maker
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NewsSainsbury’s shares sink on death of Asda merger
Sainsbury’s shares have hit a new year-long low on the news that the UK Competition & Markets Authority has blocked its mega-merger with big four contemporary Asda.
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NewsWarmer weather helps March retail footfall
Retail footfall increased 1.4% in March, according to the BRC-Springboard footfall and vacancies monitor, as warmer spring weather helped boost shopper numbers after a poor 2018.
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NewsRetail sales growth slows amid Brexit uncertainty
UK retail sales growth significantly slowed in the first three months of the year amid Brexit-related caution, specialist cake retailer Cake Box saw reported a slowdown in like-for-like sales and the rest of the City news
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NewsBad weather drives biggest food price rise in five years
Food prices have surged at the fastest rate in more than five years after poor weather hampered crop production.
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NewsBrexit vote failure: FDF calls for Article 50 extension
For a second time MPs were unable to find a majority for any alternative Brexit deal through a series of indicative votes
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NewsCity snapshot: Retail leaders call for business rates reform
Retail leaders have called on MPs to reform the business rates system which they say is “strangling the high street”, cafe bar group Loungers floats on the AIM and the rest of the news from the city
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NewsMedia Bites 1 April: Brexit, Amazon, Marks & Spencer
Business leaders have reacted with frustration and warned that Britain is increasingly succumbing to Brexit fatigue
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NewsFood companies warn of more disruption after Brexit vote
Industry bosses expressed exasperation at the continuing uncertainty