All Inflation articles – Page 123
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Analysis & FeaturesHow sports sponsorship is upping its game for a post-Covid world
The pandemic has kept sports fans away from stadia – but fresh marketing opportunities have emerged as more people watch from home and embrace innovative technology. So how is the world of sports sponsorship likely to change for fmcg brands?
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Comment & OpinionFmcg will need to fight to hold on to profits as inflation rises
There are a number of complex factors exacerbating the inflation situation, not least elevated Covid costs, says Warren Ackerman, head of European consumer staples research at Barclays
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NewsDeliveroo valued at £7.6bn but shares flop in London debut
Shares in Deliveroo crashed as much as 30% this morning as it made its long-awaited debut on the LSE
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NewsCity snapshot: Grocery sales fall in March as industry laps 2020 lockdown
Grocery sales growth fell back in March as the industry lapped last year’s record-breaking spending during the first coronavirus lockdown,
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NewsMedia Bites 25 March: John Lewis, Deliveroo, Brexit/meat exports
The papers turn the spotlight on John Lewis’ decision to close down another eight stores.
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NewsCity snapshot: Prices unexpectedly tumble in February as lockdown drags on
The rate of UK inflation has taken an unexpected fall in February as a result of continued discounting on clothes as retailers attempt to generate consumer interest as lockdown wears on. Food prices also fell again as the supermarkets battled it out over price.
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NewsSupermarket prices in deflation despite fall in imports from EU
The Grocer Price Index found that overall the big four’s prices fell back 0.2% year on year across February
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NewsCity snapshot: Greggs falls to first loss as store closures drive 36% sales drop
Bakery and food to go chain Greggs has reported its first loss since it floated in 1984 as the coronavirus and resultant store closures hammered sales. Plus, Bakkavor sales drop in UK convenience sector falls, C&C Group sells US cider brand and all the rest of the latest news from the City.
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NewsMedia Bites 16 March: Thorntons, Iceland, Danone, Deliveroo
The decision by Thorntons to close all 61 of its physical stores after suffering through the Covid pandemic is covered by the papers this morning.
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NewsMorrisons’ profits slump amid £290m of COVID costs
Morrisons has reported an 8.6% rise in annual sales and “strong momemtum” depsite a profits slump due to COVID costs, while John Lewis Partnership posts a £517m loss amid restructuring costs and writedowns.
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NewsCity snapshot: ‘Exceptional’ year for Just Eat as revenues soar during Covid pandemic
The world’s largest food delivery company saw orders accelerate for three quarters in a row in 2020, processing 588 million orders in the year, a 42% rise compared with 2019. Plus, Russian grocery retailer X5 Retail Group launches biometric tech to ’pay with a glance’ at its supermarkets in a move CEO Igor Shekhterman said would soon be universal.
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Comment & OpinionThe Budget is welcome for food and drink – but does it go far enough?
Sunak’s Budget contained few surprises but food and drink leaders have cautiously welcomed new measures of support
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Analysis & FeaturesBudget 2021: the industry reacts
As chancellor Rishi Sunak announces this year’s Budget, industry figures from retail, wholesale, hospitality and finance share their reactions
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News🔴 Budget 2021 Live: Chancellor outlines Covid recovery measures
The latest updates for the grocery industry on the B
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NewsCity snapshot: Profits evaporate at Vimto owner Nichols in face of Covid crisis
Vimto maker Nichols has experienced a dramatic slump in sales and profits as it faced the “unequalled challenges” presented by the Covid pandemic. Plus, fierce competition keeps food inflation in check, according to the latest BRC-Nielsen shop price index for February. There are also trading updates from DS Smith and Smiths News.
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NewsCity snapshot: Grocery sales growth hits eight month high in February
Grocery industry sales growth accelerated to its highest level since June 2020 during February as the latest national restrictions curtailed spending in cafés, restaurants and pubs. Plus trading updates from Hotel Chocolat, HelloFresh and Virgin Wines starts trading on the stock exchange.
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NewsCity snapshot: McColl’s to roll out hundreds of Morrisons Daily stores
McColl’s Retail Group has extended its wholesale supply agreement with Morrisons and is converting hundreds of stores to the supermarket’s convenience offering. Plus, Ocado has kick-started operations at its new mini customer fulfilment centre in Bristol.
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NewsCity snapshot: Record year for Reckitt Benckiser as Covid fuels demand for Dettol
A strong end to the year has helped Reckitt Benckiser register double-digit growth in 2020 as consumers turned to Dettol, Lysol and other hygiene brands to keep coronavirus at bay. Plus, EG Group strengthen board with new non-exec appointment, and Glanbia profits slump as Covid take toll on performance nutrition division.
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NewsMedia Bites 23 Feb: Coronavirus exit plan, online sales tax, Brexit
The main news story dominating the news this morning is the details of Prime Minister Boris Johnson’s coronavirus lockdown exit plan.
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Category ReportTobacco category report 2021: why are tobacco sales up in the middle of a global health pandemic?
The picture is hazy with record numbers quitting but sales still up. What’s going on?