Mike Watkins news, comment and analysis – Page 7
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NewsCity Snapshot: Supermarket price war keeps lid on inflation fears
Food prices have fallen for a third month in a row as the supermarkets continue to fight it out to attract shoppers from rivals, according to new data. Plus, record full-year results for Cake Box; and Treatt CFO Richard Hope to retire after 20 years with the ingredients company.
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NewsCity snapshot: Grocery sales hold steady in June despite lockdown relaxation
Grocery sales remained largely unchanged in June despite the widespread reopening of pubs and restaurants, as Nielsen data shows the discounters regaining market share as shopping habits return to normal
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NewsCity Snapshot: Supermarket sales drop as Brits return to the pub
Grocery sales at UK supermarkets have tumbled as locked-down consumers returned to pubs, cafes and restaurants following easing of coronavirus restrictions, the latest data from NielsenIQ showed. Plus, food prices fall for second month in a row as supermarkets battle it out to win shoppers, according to latest BRC-NielsenIQ Shop Price Index.
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NewsCity snapshot: Online demand slows as shoppers return to supermarkets
Supermarket customers shopped less online and more in store in April following the latest easing of coronavirus restrictions, new figures showed this morning. Plus, Pepco values itself at up to €5.8bn in upcoming Warsaw IPO; shares in McBride collapse on warnings or soaring raw material costs; and Raisio sales and profits fall in Q1 as it laps 2020 panic buying.
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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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NewsBrands outgrowing own label for first time in six years
While private label grew in value 7% during the pandemic, branded goods outpaced them at 12%
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RankingsBritain’s Biggest Brands 2021: how can brands continue to fly off shelves?
In a year that saw shelves stripped bare as panic-stricken shoppers flocked to ‘trusted brands’, 76 of this year’s 100 biggest added value. The question now is how can they maintain that momentum?
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NewsCity snapshot: Retailers celebrate sweet Easter as shoppers stock up on chocolate
Shoppers treated themselves as lockdown restriction began to ease in the run up to Easter, spending £439m on chocolate and sweets over the last month, according to the latest data from NielsenIQ. Plus, the increase in home cooking boosts Hilton Food Group in 2020.
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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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NewsSupermarket sales growth remains at its highest level since June 2020
UK supermarkets are continuing to see the highest industry sales growth since the summer of 2020 as booming online sales mitigated a small drop in physical stores.
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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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NewsOcado loss falls to £44m after bumper retail growth
The online grocer has cut its annual loss by almost 80% amid booming sales during the pandemic, but warned growing costs will continue to constrain profitability
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NewsCity snapshot: Shop prices tumble as lockdown drags on
Shop prices have fallen by 2.2% this month as retailers desperately tried to entice consumers to spend money online as lockdown restrictions continued, according to the latest shop price index by the British Retail Consortium and Nielsen.
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NewsTesco named top big four player as grocers toast profitable Christmas
The grocery industry enjoyed a bumper Christmas despite shoppers paring back festive plans as coronavirus restrictions were tightened
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NewsOnline drives Christmas grocery sales surge
Supermarket sales grew 8.4% over the festive period with almost £12bn spent at the grocers as online shopping surged during Christmas, according to Nielsen.
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Analysis & FeaturesTop Products Survey 2020: How Food Came Home
We teamed up with Nielsen to review the performance of the leading brands, and own label, in 108 categories, from alcoholic drinks to tobacco, via condoms, bleach, ready meals and, of course, toilet paper
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NewsCity snapshot: Second lockdown boosts pre-Christmas grocery sales
Grocery sales spiked in November by 13.9% as eating and drinking out of home was restricted by the English national lockdown to boost the industry in the run-up to Christmas.
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NewsTesco repays £585m in business rates relief
Tesco has bowed to growing pressure to repay a huge business rates relief windfall from the government
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Analysis & FeaturesHow Tesco became Britain’s favourite supermarket
Tesco has picked up the Britain’s Favourite Supermarket gong for the past five years at The Grocer Gold Awards
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NewsThe winners of The Grocer Gold Awards 2020
We celebrate the value of the industry’s achievements new and old, and the extraordinary role it has played in response to the pandemic