All Inflation articles – Page 5
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NewsWaitrose launches month-long offers to help customers with cost of living
Waitrose is offering customers price reductions across thousands of products during January to help ease the ongoing cost-of-living crisis.
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AnalysisAnalysis: Next’s Lord Wolfson – caution in 2023 but ‘light at end of tunnel’ for retailers
A profit upgrade but reduced expectations for the year ahead – what to make of Next’s Christmas update? Chief executive Lord Wolfson unpicks the trading messages
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NewsFood inflation leaps to highest rate on record
Food inflation has risen to its highest rate on record, accelerating to 13.3% last month, the latest figures from the BRC-Nielsen Shop Price Index have shown.
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AnalysisWhat’s in store for 2023? Very, Primark and Kingfisher bosses predict the year ahead
In the last year, the UK has leapt from a pandemic to a political circus straight into an economic whirlwind, begging the question: what’s next? So we’ve asked the bosses of retail to predict the unpredictable and tell us the trends they think will dominate and direct the sector in 2023
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AnalysisThe Big Shop Barometer: Data reveals who is really winning grocery’s festive price war
Big four giants Tesco and Asda have closed the price gap on Aldi as grocery retailers battle to secure sales during the crucial Christmas trading period.
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News‘Bleak winter’ ahead as inflationary shop prices break new records
With shop price inflation showing no signs of slowing down heading into the final month of the year, the British Retail Consortium has predicted an “increasingly bleak” winter for retail.
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NewsExclusive: Wickes to invest £3.5m in early pay rise for staff
Wickes is bringing forward its annual pay review to support staff during the cost-of-living crisis.
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DataConsumer confidence inches up as Sunak takes charge
Consumer confidence has increased slightly, up from the historic lows it reached in recent months.
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NewsLidl profits soar as customers switch millions of pounds to discounter
Lidl profits and sales have soared as deepening food inflation and the worsening cost-of-living crisis have seen hundreds of thousands of customers a week making the switch from supermarkets to the discounter.
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NewsConsumer price inflation reaches new heights in October
Consumer price inflation has reached the highest level in 41 years, largely driven by fuel and food price rises.
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DataGrocery shoppers flock to own-brand products as inflation pressure mounts
Consumers upped their spending on grocers’ own-brand lines last month as food price inflation reached another high.
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AnalysisHow Sainsbury's is shaping up for Christmas: value, own-brand and resurgent Argos
After reporting first-half results today, Sainsbury’s chief executive Simon Roberts looked forward to the coming Christmas period, which is set to be more value-led than any in living memory.
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InterviewInterview: Biscuiteers founder Harriet Hastings on Christmas, mail strikes and cheap imitations
Biscuiteers founder Harriet Hastings has baked herself a multi-million-pound high-end biscuit empire. She reflects on how she built her business and how it plans to deal with historic lows in consumer confidence and rampant inflation
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NewsWickes warns of spiralling energy bill as sales rise
Wickes has warned its energy bill is set to soar by £7.5m next year as it flagged the impact of “uncertainties” surrounding operating cost inflation and consumer confidence.
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NewsConsumer price inflation peaks as food prices soar
Consumer prices soared in the 12 months to September, driven by rising food and beverage prices.
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NewsExclusive: Ikea raises prices by up to 80% as manufacturing costs bite
Ikea has hiked furniture prices by up to 80% since last year, an investigation by Retail Week has found.
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NewsSuperdrug freezes prices on 5,000 branded cosmetics
Superdrug has promised to freeze prices on 5,000 branded beauty products to help shoppers cope with rising inflation.
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Retail VoiceWhat can we do to support retail workers amid the cost-of-living crisis?
In the same way the pandemic affected life long after the wave settled, the cost-of-living crisis will have a long-term impact for all, but how is it affecting retail workers and what can be done to help, asks the Retail Trust’s Chris Brook-Carter.
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NewsAsda launches £1 meal deal for over-60s as cost-of-living crisis bites
Asda has launched a £1 ‘winter warmer’ meal deal for older customers struggling with the cost-of-living crisis.
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AnalysisFrom BeReal to drone deliveries: Walmart, Rotaro and Trinny London reveal top CX investments
Retail Week’s Consumer Week kicks off today. From tapping into new demographics to understanding what shoppers really want from in-store experiences, retailers and brands from across the industry will share how they are engaging with cash-strapped consumers
