Helen Dickinson news, features and comment – Page 28
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NewsCity snapshot: 'Strong' travel performance keeps WH Smith on track
WH Smith has said this morning that its annual results will be in line with expectations, with the travel division of branches in airports and train stations continuing to put in a “strong performance”. Plus, food price inflation accelerates in August as ambient prices rise at fastest price for almost four years; and M&S opens talks with franchise partner Al-Futtaim for potential purchase and franchising of the owned retail business in Hong Kong and Macau.
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NewsBRC warns of major post-Brexit fresh produce shortages
Bare shelves and soaring prices witnessed during the lettuce and courgette shortages ‘could be repeated on a grand scale’
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Comment & OpinionFive big questions for food & drink from today’s post-Brexit customs plan
From food safety to the Irish border, we take a look at the key issues raised by today’s customs proposals
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NewsFood and drink industry leaders welcome interim EU trade plan
But trade bodies warn there remain huge obstacles to the “freest and most frictionless possible” deal envisaged
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NewsCity snapshot: High street footfall slumps in July
High street footfall dropped a further 2.1% in July, according to the lateste figures from BRC/Springboard, leading to an overall 1.1% in retail footfall in the period. Plus, Tata Global Beverages disposes of China and Russia operations, a look forward to what’s happening in the City this week and all the latest news from the markets
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NewsCity Snapshot: Food growth boosts slowing July retail sales
UK retail sales rose by 0.9% year-on-year in July as strong food sales supported weakening overall sales growth, according to the latest BRC-KPMG Retail Sales Monitor. Plus, Pets at Home sees quarter sales rise, Worldpay wants more time to tie-up merger and all the rest of the latest news from the City.
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NewsCity snapshot: Irn-Bru revamp boosts AG Barr sales but margins squeezed
A revamp of Irn-Bru helped push sales at AG Barr up 8% to £136m in the first half
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NewsThe number of jobs in the industry falls 3.3% on a year ago
The latest BRC Retail Employment Monitor showed reductions in hours worked on both full-time and part-time contracts
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NewsUK shoppers brought on to high street by warmer weather
Overall footfall in June was 0.8% up on a year ago
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NewsCity snapshot: Marks & Spencer’s first quarter like-for-like sales drop 0.5%
Marks & Spencer has reported a 0.5% fall in first quarter like-for-like sales, as the timing of Easter and improved performance in general merchandise led to an improved overall sales performance. Plus, retail sales rise 1.2% last month amid best food sales since 2012, McBride’s annual sales drop 5.9% and all the rest of the latest news from the City
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NewsCity snapshot: Ocado profits tumble as it continues to invest in growth
First-half sales at Ocado rose 12.5% to £713.8m but profits at the online grocer fell almost 20%, basket sizes continued to decline and the debt pile ballooned. Plus, Booker updates on its first quarter ahead of AGM, and grocery inflation continues to rise, according to the BRC-Nielsen shop prices index.
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NewsWilliam Bain appointed to lead the BRC's Brexit strategy
Former Labour MP will assume the role of policy advisor and report into director of food policy Andrew Opie
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NewsConsumer spending falls in May as shoppers display caution
High street footfall also declined in May with a fall of 2%
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NewsGeneral Election 2017: what the analysts say
As the shock of this morning’s General Election result began to sink in, organisations from the food and drink industry have been giving their reaction
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NewsFood and drink industry urges government to act swiftly
FDF and BRC call for clarity and firm leadership in the wake of shock election result
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NewsFood sales rise against backdrop of declining retail trend
This is the strongest three-month average for food since February 2012
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NewsCity snapshot: UK retail like-for-like sales drop on non-food sales fall
UK retail sales fell by 0.4% on a like-for-like basis in May as weak non-food sales dragged down strong food sales growth, according to the BRC KPMG Retail Sales Monitor.
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NewsCity snapshot: Late Easter fuels fastest quarter of footfall growth for five years
A late Easter and the weakened pound help boost footfall growth at the fastest pace for five years. Plus, a short trading update from Fever-Tree
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NewsStrong Easter drives like-for-like retail sales up 5.6% in April
UK retail sales grow 5.6% in April boosted by Easter, but BRC warns over longer-term prospects for the sector
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NewsCity snapshot: UK retail boosted by Easter sales growth
Food sales increased 2.4% on a like-for-like basis and 3.6% on a total basis in the past 12 weeks boosted by the Easter break, the BRC – KPMG Retail Sales Monitor April 2017 has revealed