Helen Dickinson news, features and comment – Page 29
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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
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NewsFood imports must be a Brexit negotiation priority, says BRC
BRC survey found retailers directly import £5bn of food products and £15bn indirectly through wholesalers and manufacturers
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NewsFood sales increase in March thanks to inflation but hopes rest on Easter
Food retailers managed to record growth in March but the rise was mainly driven by inflation as the sector pins its hopes on a bumper Easter.
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NewsCity snapshot: Majestic Wine retail MD John Colley steps down
Majestic Wine MD John Colley is leaving the wine retailer a little more than 18 months after joining to take a new role closer to his young children in the South of England
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NewsCity snapshot: Food prices soar at fastest rate for two years
Prices in supermarkets rose at the fastest pace for two years last month, with food inflation accelerating to 1% in March. Plus, wholesaler Palmer and Harvey signs lending deal with two tobacco giants
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Analysis & FeaturesArticle 50: the food & drink industry reacts
Here’s how the food & drink industry has reacted to the triggering of Article 50 today
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NewsCity snapshot: Five shops a day close in 2016 but trends improve post-Brexit
The equivalent of five shops a day closed on Britain’s high streets last year with a net loss of 1,650 shop during 2016, according to LDC
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NewsChancellor’s £435m business rates relief package just ‘a drop in the ocean’
Short-term relief measures are not enough and proper reform is needed, leading retail voices have said
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Analysis & FeaturesBudget 2017: the grocery industry reacts
The grocery industry reacts to Philip Hammond’s 2017 budget
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NewsCity snapshot: £1 in every £8 spent on groceries goes to Aldi and Lidl as inflation bites
Discounters Aldi and Lidl have grabbed a record share of the grocery market, accounting for more than 12% of supermarket sales in the UK for the first time, Nielsen revealed this morning