All Grocery articles – Page 55
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DataWalmart issues profit warning as costs soar and inflation bites
US retail giant Walmart has warned on profits for the second time this year, as soaring inflation curbed customer spending
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DataData: Two-thirds of customers limiting food spend as inflation surges
New data has found that two-thirds of customers are limiting their monthly food budgets as inflation sails to levels not seen in 40 years
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NewsAldi hikes staff pay for second time this year
Aldi has increased pay for shopfloor staff for the second time this year to re-claim its position as the UK’s highest paying supermarket chain.
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NewsThe Co-op to axe 400 head-office jobs
The Co-op has blamed the current “tough trading environment” as it unveiled plans to axe 400 roles at its Manchester head office
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NewsNon-food and online sales fall as cost-of-living crisis intensifies
Non-food and online retail sales have fallen in the month of June as the cost-of-living crisis continues for customers
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AnalysisAnalysis: Five things you need to know about booze specialist Naked Wines
Naked Wines has virtually doubled in size since selling Majestic just two and a half years ago, but its share price tumbled 40% last month after it warned sales and profits would take a hit this year amid “greater uncertainty” in the economy
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OpinionAsda customer chief: ‘Shoppers are ditching products at checkouts to stay within budget’
As the cost-of-living crisis begins to impact customers at the checkout, Asda chief customer officer Sam Dickson shines a light on the behaviours the grocer is seeing in its supermarkets and the measures it is taking to help families in need
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DataConsumer confidence stagnates at lowest ever levels
Consumer confidence remained low in July as shoppers feel the cost-of-living pinch
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NewsM&S buys logistics provider Gist for £145m to accelerate transformation
Marks & Spencer has purchased logistics provider Gist as it bids to take control of its end-to-end food supply chain
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NewsOcado losses widen as retail sales slide in ‘challenging’ market
Ocado has suffered widening half-year losses as sales made through its retail business slipped in what it called a “challenging” UK market.
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NewsMarks & Spencer finance boss Tonge quits to join Primark owner ABF
Marks & Spencer finance and strategy supremo Eoin Tonge is stepping down to join Associated British Foods (ABF), the parent company of fashion rival Primark.
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Opinion‘As Britain burns, it’s time for retailers to turn up the heat on the climate crisis’
Record-breaking temperatures and wildfires in suburbia this week must prove the catalyst for retailers to genuinely prioritise the planet over profit, writes Retail Week editor Luke Tugby
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NewsSainsbury’s launches £1m incubator for Black-led food and drink start-ups
Grocery giant Sainsbury’s has launched a first-of-its-kind, £1m incubator programme to help nine Black-led food and drink start-ups “scale up to supermarket-level distribution”.
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AnalysisDeep dive: After Bank of England’s horror warning, is your business recession-ready?
Soaring energy prices, growing inflation and nose-diving consumer confidence present a perfect storm for retailers in 2022. What can be done to weather it?
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NewsOcado Retail boss Melanie Smith to step down
Ocado Retail chief executive Melanie Smith is stepping down from the online grocer after three years at the helm.
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NewsSupermarket sales grow for first time in over a year as food prices soar
Grocery sales have increased for the first time in more than a year – but experts have warned that “near record-breaking” food inflation will shift shopper behaviour in the coming months.
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NewsWaitrose launches food hall partnership with Dobbies to drive convenience ambitions
Waitrose has teamed up with Dobbies to roll out a dedicated food offer across 50 of its garden centres over the next two years.
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NewsMade.com and Hotel Chocolat issue profit warnings
Made.com and Hotel Chocolat have both issued warnings over their profits, with the furniture retailer citing supply chain costs and low consumer confidence while the confectionary business plans a transitional year to focus on its most profitable markets.
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AnalysisFive ways to adapt to changing consumer behaviour amid cost-of-living crisis
Retail veteran Peter Williams and executives from Pandora, Bookshop.org and REN Clean Skincare reveal how they are witnessing spending habits shift – and what this means for their strategies – ahead of appearing at Consumer Week
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DataData: How cash-strapped customers will cut £25bn in spend – and the sectors hardest hit
Retail Week explores how the cost-of-living crisis will impact the way consumers spend and who will be worst affected