Helen Dickinson news, features and comment – Page 9
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NewsFood inflation slows for second month in a row
Food inflation has slowed for the second consecutive month but the UK’s headline rate remained unchanged, according to new figures this morning. Plus, a trading update and exec appointment from THG ahead of its AGM, and Vimto owner Nichols appoints an interim CFO.
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NewsDiversity & inclusion in retail improving but parity ‘a long way off’, BRC report shows
D&I progress in retail has slowed down in 2023 compared to previous years
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Comment & OpinionD&I in retail is improving, but we must shift gear to drive meaningful change
Having a diverse and inclusive workplace isn’t just good ethics, it’s good business, says Helen Dickinson, CEO of the British Retail Consortium
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NewsEx-Tesco and Morrisons boss Andy Higginson to take reins as BRC chairman
Higginson will succeed Tony De Nunzio, deputy chairman of Dixons Carphone, whose tenure comes to an end in September
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NewsABF buys UK milk records firm for £48m
Associated British Foods has announced it will bolt on National Milk Records to its AB Agri arm after agreeing a £48m deal to acquire the UK company. Plus, monthly retail updates from BRC-KPMG and Barclays, and trading updates from Poundland owner PepCo and BAT
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NewsCity snapshot: Asda confirms £2.27bn acquisition of EG Group UK and Ireland
Asda has announced it has agreed to buy EG Group’s UK and Ireland operations for an enterprise value of £2.27bn
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NewsCity snapshot: UK retail sales growth stagnates amid weak clothing performance
UK retail sales growth remained flat in April as sales volumes stayed well below inflation and consumer demand showed signs of weakening
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NewsCMA could investigate supermarkets for alleged cost of living profiteering
Liberal Democrat leader Ed Davey called for the CMA to launch probe, claiming supermarkets had a case to answer
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NewsCity snapshot: Food inflation hits new high but pricing predicted to ease
Food inflation reached another record high in April but the rate of price inflation may have peaked
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Analysis & FeaturesHow the Apprenticeship Levy became a £3bn swindle
David Cameron’s pet project was meant to boost opportunities for apprentices, but companies say most of the money is disappearing into the Treasury’s pockets. What’s going on?
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NewsCity snapshot: UK vacancy rate stabilises amid retailer caution
The UK retail vacancy rate ended five quarters of post-Covid improvement in the first three months of 2023, remaining at 13.8% amid widespread caution in the retail sector.
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NewsRecycling reforms: supermarkets tell Thérèse Coffey to go back to drawing board
Retailers have set out six key areas they say need to be changed to prevent EPR being a failure
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NewsCity snapshot: Food prices race to 45-year high to keep UK inflation higher than hoped
Soaring food prices have contributed to a higher-than-expected inflation rate in March, according to the latest government figures. Plus, Heineken and Just Eat Takeaway report first quarter results, while Cake Box issues a full-year trading update.
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NewsCity snapshot: Mother’s Day boosts retail sales, but growth lags inflation
Mother’s Day boosted UK retail sales growth in March, but wet weather and consumers cutting back meant overall growth lagged well behind inflation
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NewsEPR: Thérèse Coffey urged to delay ‘blank cheque’ recycling plans
This week the leaders of the BRC, FDF and packaging umbrella body Incpen wrote a stinging 1,500-word letter to Coffey calling for ministers to “take the time needed”
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NewsCity snapshot: Grocery price inflation hits new high of 17.5%
Grocery price inflation reached a new high of 17.5% over the four weeks to 19 March, costing households an additional £837 on their annual supermarket bills. Plus, Diageo names new CEO, Ocado Retail sales edge up in first quarter, AG Barr posts strong annual growth amid margin compression and all the rest of the latest news from the City
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NewsCity snapshot: Retail sales return to pre-Covid levels as consumer confidence edges up
Retail sales have jumped by more than expected in February despite the inflationary challenges facing consumers, according to new data published this morning. Plus, consumer confidence also rises in March
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NewsSalad shortages fuels surprise jump in inflation as food prices soar 18%
Food price inflation has hit a 45-year high of 18% amid shortages of fruit and vegetables, according to the latest data out this morning
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NewsCity snapshot: Fever-Tree profits hit by soaring inflation as UK sales fall
Profits have declined at Fever-Tree as inflationary pressures squeezed margins and sales in the UK market shrank as consumers cut back spending to cope with the cost-of-living crisis. Plus, surprise jump in UK inflation as veg shortages push food prices 18% higher.
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Comment & OpinionBudget fails to alleviate pressure on companies caught in cost of living crossfire
After the chaos unleashed by the mini-budget last November, Jeremy Hunt’s ‘steady as she goes’ budget was not exactly unwelcome – though it left grocery industry participants frustrated that more help isn’t being offered