Helen Dickinson news, features and comment – Page 23
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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NewsCity snapshot: Retailers demand ‘fixing’ of ‘outdated’ business rates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
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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