Mike Watkins news, comment and analysis – Page 9
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NewsCity snapshot: Grocery sales surge to decade-long high amid coronavirus lockdown
Grocery sales have surged to the highest level in more than a decade amid the UK coronavirus lockdown, with industry growth at more than 20% in the past four weeks. Plus, Nichols warns of coronavirus impact, WH Smith and Sainsbury’s team up for NHS stores, Imperial Brands and BAT raise cash and all the rest of the latest news from the City.
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NewsCity snapshot: Supermarkets enjoy green shoots of recovery in February
UK supermarkets saw the ‘green shoots’ of recovery in February, with small but positive growth in as total till sales improve to 0.7% in the last four weeks, according to Nielsen, and the strongest growth since November in the Kantar figures.
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NewsCity snapshot: Grocery market records weak post-Christmas sales growth
The grocery sector experienced a sobering January as clean-living consumers cut back to constrain market growth to just 0.3% in the latest 12-week period.
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NewsCity snapshot: UK shop prices continue to fall but food prices accelerate
Despite overall decline, food prices accelerated in January as discounting returned to a more normal level following Christmas
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NewsCity snapshot: Morrisons sales slide in the run-up to Christmas
Morrisons like for like retail sales slid 1.7% in the 22 weeks to 5 January. Plus, the UK grocery industry has experienced its worst Christmas period since 2014 according to the latest market share figures and all the rest of the latest news from the City.
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NewsRed meat sales hit by move to cheaper cuts and discounter effect Top Products Survey reveals
Poor summer, health concerns and plentiful supply also impacted on value sales of red meat
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Analysis & FeaturesThe Grocer’s Top Products 2019: Brand on the run?
Each year we analyse over 100 grocery categories to find out which brands come out on top and who’s struggling
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NewsCity snapshot: Black Friday fails to boost lacklustre grocery sales
Black Friday failed to boost lacklustre sales across the grocery industry as the latest market share figures from Kantar show grocery sales growth slowing to 0.5% for the 12 weeks to 1 December. Plus, Just Eat rejects new Prosus bid, McColl’s profits below expectations, new CFO for Premier Foods and all the rest of the latest news from the City.
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NewsUK shop prices fall for the sixth consecutive month
UK shop prices declined for the sixth consecutive month in November, amid a fall in dairy prices and easing fresh foods inflation
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NewsSupermarket growth slows as Christmas approaches
UK supermarket sales growth eased last month amid political uncertainty and wet weather ahead of the crucial Christmas trading period.
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NewsCity snapshot: Retailers turn hopes to ‘golden quarter’ as prices drop
UK shop prices continued to slide in October, marking the fifth consecutive month of decline as retailers hoped to reverse weak sales with greater discounts. Plus non-execs step down at Sainsbury’s, Mondelez raises guidance on emerging markets growth and all the rest of the latest news from the City.
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NewsCity snapshot: Early autumn grocery growth rebounds
Sales across the grocery industry rose 1.3% during the past 12 weeks as the industry emerged from the shadow of tough summer 2018 comparisons. Plus, Marston’s issues profits warning on weak food sales and all the rest of the latest news from the City.
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NewsCity snapshot: Tesco CEO Dave Lewis to step down
“I believe that the tenure of the CEO should be a finite one and that now is the right time to pass the baton,” he said.
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NewsCity snapshot: Bank holiday sun helps grocery market back into growth
The grocery market has returned to growth with a 0.5% uplift in value sales, the latest grocery market share figures from Kantar show. Plus, Ocado Retail grows third quarter revenues by 11.4%, plus all the rest of the latest news from the City.
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NewsCity snapshot: WH Smith travel business delivers ‘strong’ performance
WH Smith (SMWH) has reported its travel business continues to perform ’strongly’ across all its channels. Plus, food inflation eases and all the rest of the latest news from the City.
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NewsUK shop prices fall in August amid high levels of promotions
UK shop prices have continued to slump in August as weak consumer spending and mounting competition led to higher discounting within the retail sector
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NewsSainsbury’s outperforms rivals in flat grocery market
Grocery sales flatlined in the 12 weeks to 11 August 2019 as the tough comparisons with 2018’s strong summer continue to hamper food and drink sales growth.
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Analysis & FeaturesFood price inflation easing but petrol prices on the rise
July marked a second consecutive month of deflation for UK shop prices
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NewsUK shop prices continue falling in July dragged by non-food deflation
UK shop prices fell 0.1% in July, marking the second consecutive month of deflation since October 2018
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NewsCity snapshot: Grocery sales fall for the first time in three years
Grocery sales have fallen back for the first time in three years as last year’s record early summer temperatures hit year-on-year comparisons. Plus, first half profits plunge at McColl’s, Fever-Tree first half sales rise 13% and all the rest of the latest news from the City.