Mike Watkins news, comment and analysis – Page 3
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NewsCity snapshot: Grocery sales growth slows as food price inflation eases
Supermarket sales growth slowed to 5.3% during February as food price inflation continues to fall. Plus results from Greggs, Bakkavor and all the rest of this morning’s news from the City
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NewsCity snapshot: Grocery price inflation falls to two-year low
Grocery price inflation has fallen to its lowest level since March 2022, according to new data from Kantar, as promotions accelerated supermarkets continue to focus on price
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NewsEasing inflation helps supermarket volumes in January
Food sales at the supermarkets have grown faster than inflation in January as shopper behaviour normalises amid reducing cost pressures, according to new data published this morning
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NewsCity snapshot: Grocery spending hits record £4.8bn in Christmas week
Sales at the UK supermarkets reached a record high of £4.8bn during the week leading to Christmas
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NewsCity snapshot: Record-breaking Christmas for discounters Aldi and Lidl
Discounters Aldi and Lidl have both boasted of a record-breaking Christmas as hard-pressed shoppers looked to save money over the festive period. Plus, the BRC reports on retail inflation figures for December.
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RankingsFace off: Top Products Survey 2023 pits brands vs own-label
It’s no longer a battle of the brands. The bigger battle, after two years of inflation, is between brands and own label. Who’s winning?
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NewsCity snapshot: UK shoppers save now to spend £5bn on food during Christmas week
Grocery sales growth slowed in November as shoppers delayed spending on food and drink to take advantage of seasonal promotions during Christmas week. Plus, the CMA opens a probe into Unilever around claims of “greenwashing” and Pepco posts record sales but profits fall back
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Analysis & FeaturesMake shopping great again: how can supermarkets bring back the in-store magic?
As supermarkets have slashed costs, they’ve removed much of the in-store theatre. Can they bring the magic back?
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NewsCity snapshot: Supermarket volumes stabilise as inflation slows and promotions increase
UK supermarket sales grew by 8.7% last month, according to new data from NIQ, as sales volumes stabilised amid slowing inflation and increased promotions
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NewsCity Snapshot: Shop price inflation falls to 14 month low
Shop price annual inflation has eased to its lowest level since August 2022, falling to 5.2% in October from 6.2% in September. Plus trading updates from AB InBev, Carlsberg and Coca-Cola HBC.
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NewsAldi recruiting for 14 e-commerce team positions
The discounter wants to ‘keep giving our customers new and exciting ways to shop’ – despite beating a retreat from online this year
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NewsCity snapshot: Mults growth slows as price war ramps up
Supermarket growth has slowed and remained below inflation as shoppers take advantage of loyalty scheme discounts, according to the latest data. Plus, THG reports progress in Q3 and food producer prices fall for first time in three years.
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NewsCity snapshot: Greggs sales growth tops 20% as evening shoppers boost trading
Sales are continuing to boom at food-to-go stalwart Greggs as new openings and increased customer visits boosted third quarter revenues
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NewsCity snapshot: September heatwave help UK supermarket grocery sales bounce back
UK grocery growth rebounded last month as the early September heatwave helped lift grocery sales at UK supermarkets back into double-digit growth. Plus trading updates from Ocado, McBride, C&C Group and Eagle Eye
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NewsCity snapshot: UK food inflation continues to decelerate
Annual shop price inflation dropped to 6.9% in August as food inflation continues to decelerate, albeit food price growth remains in double digits
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NewsCity snapshot: Grocery sales growth slows to lowest level since January
Poor weather and persistent inflation hit volumes throughout July
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NewsCity snapshot: Diageo posts double-digit annual growth on strong pricing
Spirits giant Diageo has posted net sales growth of 10.7% driven by price rises and premiumisation, which mitigated a drop in sales volumes. Plus sales jump at Greggs, AG Barr CEO to step down, food inflation falls and all the rest of the news from the City
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NewsCity snapshot: Unilever grows margins on pricing increases
Unilever increased its margins in the first half of its financial year, despite €1.6bn of input inflation. Plus updates from Compass Group and Greencore and grocery market share data from NIQ
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Analysis & FeaturesTesco retains favourite supermarket status but Aldi edges closer
Price is once again king when it comes to supermarket shoppers.
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NewsGrocer Gold Awards 2023: Britain’s favourite supermarket
Tesco crowned Britain’s Favourite Supermarket in survey of 7,000 shoppers