All Inflation articles – Page 125
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NewsCity Snapshot: Unilever boosted by emerging markets reopenings
Unilever has started the year on the front foot, posting organic growth of 5.7% helped by the lapping strict lockdowns in key emerging markets
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NewsSupermarket price war drives down food prices for first time since 2017
Food prices have fallen for the first time in more than four years as supermarkets continued to slug it out in a bid to win shoppers, according to the latest figure from the British Retail Consortium and NielsenIQ.
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NewsCity snapshot: Sainsbury’s slumps to a loss despite surging revenues
Sainsbury’s has plunged into the red after £485m of Covid-related costs and £600m-plus of restructuring charges for its Argos transformation programme more than offset a surge in revenues over the past year. Plus, on a busy morning, trading updates from Reckitt Benckiser, Carlsberg and Nichols; Deliveroo appoints two non-execs; and the latest shop prices index from the BRC and Nielsen.
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NewsCity snapshot: Grocery growth stays strong as retail reopens and lockdowns lift
Grocery sales growth has remained in positive territory in recent weeks despite the reopening of wider retail, food service and the relaxation of social restrictions
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NewsMedia Bites 27 April: Pepco, inflation, Nestlé
Discount chain Pepco will float in Warsaw rather than London as it outlined plans to open thousands of new stores across Europe and appointed City grandee Richard Burrows as chair.
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NewsBread prices must increase to cover inflation, warns Irwin’s
Food prices were down in March, according to the ONS this week
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NewsCity snapshot: Retail sales rebound ahead of reopening
Retail sales volumes continued to recover in March ahead of the reopening of non-essential shops, according to date from the Office of National Statistics
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NewsCity snapshot: Booming coffee sales drives Nestlé first quarter sales outperformance
Nestlé has reported a 7.7% jump in first quarter organic growth, boosted by a surge in coffee sales and early signs of recovery in out-of-home channels
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NewsMedia Bites 22 April: Uber Eats, Heineken, Amazon
Uber Eats will launch in Germany for the first time over the next few weeks, starting in Berlin, in its biggest entry to a new country since 2018.
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NewsCity snapshot: ABF rebounds with ‘record’ Primark sales on reopening
Associated British Foods has seen ‘record’ sales on the reopening of its stores last week to bounce back from a first half of a double-digit revenue fall and shrinking profits
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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.