All Inflation articles – Page 3
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NewsOcado slashes prices on more than 100 grocery products
Pureplay grocer Ocado has cut the prices on over 100 everyday essential items by up to 25% across a range of own-brand and Marks & Spencer items.
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AnalysisHow did supermarket bosses fare in the glare of Westminster spotlight?
In a public forum designed to intimidate and pressurise, the traditional big four supermarkets more than held their own, but the spectre of further scrutiny looms
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NewsExclusive: Customers believe supermarkets are more guilty of profiteering than banks
Shoppers believe supermarkets are more guilty of “profiteering” during the cost-of-living crisis than banks, according to new research.
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NewsGrocery bosses to point to dwindling profits ahead of grilling by MPs
The traditional big four grocers are preparing to point to dwindling profits as a result of increased costs to head off accusations of profiteering at tomorrow’s crunch price summit.
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NewsHotel Chocolat warns on profits as inflationary pressures bite
Specialist retailer Hotel Chocolat has issued its second profit warning of the year, blaming ongoing inflationary pressures and softening consumer sentiment.
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NewsShock interest rate rise means ‘struggle’ for shoppers and retailers, warns credit insurer
The bigger-than-expected increase in interest rates to the highest level since the 2008 financial crisis will pile more pressure on consumers and retailers, a leading credit insurer has warned.
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NewsGovernment price cap plans ‘will not make a jot of difference’, BRC warns
The British Retail Consortium (BRC) has warned that the latest government plans to introduce price caps on basic food items in a bid to tackle the cost-of-living crisis will “not make a jot of difference to prices”.
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NewsFood inflation eases but prices still lingering at near record highs
Food inflation in the UK slowed from April’s record-breaking rise – but was still up by more than 15% year on year in May.
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DataUK retail sales return to growth in April despite inflation
Despite pressure from inflation, UK retail sales rebounded in April, according to the ONS.
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Opinion‘Claims of grocers profiteering grab headlines but avoid confronting real issues’
Has anyone told Sir Ed Davey, or other proponents of the “profiteering supermarkets” point of view, that Tesco’s profits plummeted last year by half?
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AnalysisThree of retail leaders’ biggest headaches and how AI can address them
Here’s what retailers around the globe voted as their top concerns for 2023 and how they can use AI to tackle them
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NewsShop price inflation ‘likely to have peaked’ in April
Inflation is “likely to have peaked” during the first week of April, despite continuing to reach record highs in some categories, according to the latest figures from the BRC-Nielsen Shop Price Index.
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Opinion‘Shoppers are unlikely to feel giddy with delight when inflation falls to “only” 9%’
A fall in the rate of inflation this week proved more insipid than had been hoped for, but had it been bigger there would hardly have been cause for breaking out the champagne.
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DataConsumer pain increases as grocery inflation hits record high
Grocery price inflation reached a new high in March, with consumers now facing an £837 increase in their annual bills.
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NewsSurprise inflation jump puts further squeeze on UK consumers
The overall inflation index soared to 10.4% in February compared with 10.1% in January, according to the latest ONS Consumer Price Index (CPI) figures.
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Opinion‘How to recover cost inflation while continuing to offer value to customers’
Grocers must walk a tightrope of managing their own inflationary pressures to preserve margins while continuing to win customers, says Alvarez & Marsal’s Erin Brookes
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DataShop price inflation reaches record highs for the second time this year
The BRC-Nielsen Shop Price Index has revealed that inflation has reached yet another high across all categories for the second time this year.
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NewsSupermarket value items rising at higher rate than inflation
The prices of supermarket value items are increasing at a level that is exceeding grocery inflation, meaning shoppers relying on the cheapest product ranges are feeling the pinch the most.
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DataConsumer confidence inches up but ‘too early to talk about green shoots’
The GfK consumer confidence index increased by seven points to -38 in February in a surprise rebound after languishing at historic lows.
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NewsWaitrose invests £100m into slashing own-brand prices
Waitrose & Partners is to invest £100m in cutting the prices of hundreds of its own-brand products in a bid to compete with rival supermarkets as the grocery sector deals with record-high inflation.