Retail sales fall as Brits cut back on supermarket spending Retail Retail sales fell in February, as low spending in food and household goods stores could not offset the strong performance of online sellers. The quantity of goods bought in February fell by 0.4 per cent, down from the surprise two per cent rise in January, which was revised up from 1.8 per cent, according to [...]
Co-op takes £126m knock from cyber attack as boss quits Retail Retailer Co-op has slumped to a £126m loss as it reels from the cyber attack which cost the firm nearly £300m last year, as its chief executive quit. The grocery chain is preparing to slash costs in the coming year, as it plans to cut £200m of spending in 2026. Co-op’s cyber attack in April [...]
Brits go budget as ready meals replace restaurant dates Retail Shoppers are opting for own-brand ready meals instead of fancy restaurant dinners in a boost for supermarkets. Brits are spending more on groceries but getting less for their money, as total till sales at UK supermarkets grew 3.3 per cent in the four weeks leading up to 22 February while the number of units sold [...]
Supermarkets hit out at government plans to cut calories from Brits’ baskets July 3, 2025 UK supermarket bosses have hit out at part of the government’s latest plans to reduce obesity in the UK, arguing that the strategy will up costs and won’t make any difference to public health. The government plans to set a new standard for products on supermarket shelves as part of its 10-year plan for the [...]
Retail crime bill goes before Parliament – but it doesn’t include delivery drivers February 25, 2025 The government’s crime and policing bill will go before Parliament today, February 25, but detractors have said it does not go far enough to protect delivery drivers. Although delivery drivers do not qualify as retail employees due to their status as self-employed, a group of businesses have campaigned to extend the bill’s scope to cover gig [...]