Pukka Pies: Price rises ‘inevitable’ at chip shop favourite Business Chip shop favourite Pukka Pies has warned prices rises are “inevitable” as it battles “significant levels of power and labour inflation”. The Leicester-headquartered company said it delayed increasing its prices during its latest financial year “assess the mid to long-term implications from the underlying inflation” but has since concluded that rises should be introduced. The [...]
Shop prices fall further in October despite fashion recovery Economics According to the British Retail Consortium (BRC), shop prices fell 0.8 per cent in the year-to-October.
Heinz: Price increases help sales near £1bn as inflation battle continues Retail Sales at the UK arm of Heinz jumped towards £1bn in 2023 despite volumes decreasing after raising its prices to combat inflation in its costs, new figures have revealed. The London-headquartered division of the US giant has reported a revenue of £967.1m for the 12 months, up from the £899.7m it achieved in 2022, according [...]
We’re (not) lovin’ it: McDonald’s posts first sales drop since 2020 July 29, 2024 Fast-food giant McDonalds posted a global sales drop of one per cent year on year in the three months to the end of June.