As economies reopen, inflation fears return with a vengeance May 12, 2021 London’s FTSE 100 is on course for its worst day in three weeks this afternoon amid inflation concerns. Inflation has never really been away. It’s been a central theme that has dominated conversations among economists, analysts and bankers over the past few months, and more specifically, the possibility that it is about to take off. [...]
Panic over: Brits made 117m fewer trips to the supermarket this March March 30, 2021 Brits made 117m fewer trips to supermarkets this month than in March 2020, which was a month that saw supermarket shelves stripped bare as consumers started panic buying ahead of the UK’s first national lockdown. Grocery sales fell three per cent in the four weeks to 21 March 2021, while during the same period last [...]
Covid restrictions drive online food shopping to record high as customers eat in to help out February 2, 2021 Online grocery shopping hit a record 14 per cent share of the UK grocery market in January, as customers bought more food to enjoy from home. The growth was boosted by a 229 per cent year-on-year rise in online spending by retired households. Supermarkets saw sales growth accelerate to 12.2 per cent in the last [...]
Grocery sales on track for bumper Christmas after reaching record high in November December 8, 2020 November was the largest month ever for the UK’s grocery market as out of home socialising was restricted by a second national lockdown, figures show. Market researcher Kantar said grocery sales rose 11.3 per cent in the 12 months to 29 November and climbed 13.9 per cent year-on-year in the last four weeks. Last month [...]
Bunzl shares slump as sales growth slips at start of 2019 April 17, 2019 Bunzl’s shares plunged this morning as the business supplies group warned investors of slowing growth. Bunzl saw sales rise at the start of 2019, but blamed the US and macroeconomic factors for the slowdown in growth. Read more: Acquisition-heavy Bunzl drops as margins are squeezed The distribution giant said group revenue grew four per cent [...]
CMA may block Sainsbury’s-Asda merger, finding deal could push up prices and reduce quality February 20, 2019 Sainsbury's suffered a 15 per cent drop in its share price this morning after the grocer's £12bn proposed merger with Asda was thrown into doubt following a swathe of concerns raised by Britain's competition watchdog. The Competition and Markets Authority (CMA) said the tie-up could lead to "a substantial lessening of competition at both a national and local [...]
Supermarket sweep: Industry benefits from World Cup shopping spree September 18, 2018 The World Cup and sunny weather led consumers to spend almost £500m more at supermarkets over summer than they did the year before, according to new data released today. Alcohol spending grew by £228m, while people spent £178m more on fizzy drinks and £74m more on ice cream during one of the hottest summers on record, [...]
Supermarket sweep: Industry benefits from World Cup shopping spree September 18, 2018 The World Cup and sunny weather led consumers to spend almost £500m more at supermarkets over summer than they did the year before, according to new data released today. Alcohol spending grew by £228m, while people spent £178m more on fizzy drinks and £74m more on ice cream during one of the hottest summers on record, [...]
Christmas consumers face an epic hangover December 13, 2017 Britain’s inability to deal with a little snow may have kept shoppers from the high street this week, but Kantar Worldpanel and Nielsen (two of the biggest data firms going) have suggested that despite the weather, we’re gearing up to a cracker of a Christmas for retailers. For those who like to avoid the crowds, [...]
Kantar figures: Lidl maintains position as UK’s fastest growing grocer as Sainsbury’s outpaces Big Four November 14, 2017 Lidl has kept its crown as the UK’s fastest growing grocer for a fifth quarter in a row, as Sainsbury’s becomes the best performing of the Big Four. Figures published by Kantar Worldpanel this morning show that sales were up 15.1 per cent at Lidl in the 12 weeks to 5 November, with 10.6m households [...]