All Inflation articles – Page 6
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Opinion
Asda 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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Analysis
Deep 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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Analysis
Five 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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Data
Data: 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
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News
Nine in 10 UK retail chairs expect consumer spending to fall over next year
Ninety-five per cent of UK retail chairs forecast a drop in shopper spending over the next year, as Boots’ parent company chair Stefano Pessina said the UK would likely have a “bigger” recession than other EU countries.
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Analysis
Data: 50 retail leaders reveal tech investment priorities to weather the cost-of-living crisis
Retailers are investing in cutting-edge customer experience technologies to drive demand and be front of mind for consumer spend.
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Data
Data: Value is top concern for families amid cost-of-living crisis, M&S survey reveals
A survey by Marks & Spencer has found that financial worries are top of consumers’ concerns this summer.
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News
Three-quarters of consumers to cut Christmas spending due to cost-of-living crisis
More than three-quarters of customers are planning to reduce their spending on Christmas this year, with the cost-of-living crisis only set to deepen as the year goes on.
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News
Asda chair Rose urges VAT cut to combat cost of living crunch
Asda chair Lord Stuart Rose believes the government should consider reducing VAT or further cutting fuel tax to help ’kill’ inflation, which is prompting shoppers to limit their spending.
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Opinion
‘Cost-of-living tsar appointment smacks more of spin than substance’
As the punishing weight of inflation dominates daily life – and looks as if it will continue to for a long time yet – the government’s latest attempt to address the issue is the appointment of a cost-of-living tsar.
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Opinion
‘Only with economically unsustainable competition removed can the economy reset’
The fiscal stimulus in response to Covid lowered the cost of capital, flooding business models that didn’t deserve funding with valuations that were, at times, eye-watering. The upshot of excess stimulus is the inflation every business is now faced with, says True co-founder Matt Truman.
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Analysis
Retail Horizon 2022: Navigating cost of living, sustainability and ‘blended retail’
From Brexit to Covid-19, Russia’s invasion of Ukraine to supply chain issues and soaring inflation, the power of external influences to challenge the retail industry has been relentless in recent months.
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Analysis
Retail Horizon 2022: Navigating cost of living, sustainability and ‘blended retail’
From Brexit to Covid-19, Russia’s invasion of Ukraine to supply chain issues and soaring inflation, the power of external influences to challenge the retail industry has been relentless in recent months.
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News
Shop prices soar in May but inflation to ‘get worse before it gets better’
Shop prices rose further in May as inflationary pressures took their toll on retailers’ margins.
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News
Sainsbury’s commits to £500m price investment as customer concerns grow
Sainsbury’s chief executive has committed the grocery giant to invest a further £500m in lowering prices as customer concern over the cost-of-living crisis increases.
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Analysis
The state of fashion: Where do rising costs and returns leave the sector?
Fashion retailers might have been benefiting from the return to the office – and the revival of events such as festivals and weddings – but many businesses have flagged ongoing headwinds that are likely to dampen progress.
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Opinion
‘Walmart woes spook investors, but now’s not the time to run a business for the share price’
The challenges flagged by Walmart, and its responses to them, likely give a taste of things to come for the US giant’s counterparts on this side of the pond.
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News
Walmart margins hit as inflationary pressures bite across the pond
Walmart has recorded an uptick in revenues but said its bottom line has been hit by inflation in food and fuel.
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News
M&S chair Norman warns on food prices and Ireland Brexit red tape
Marks & Spencer chair Archie Norman has signalled the likelihood of higher food prices later this year and lambasted “pointless” rules affecting business in Ireland following Brexit.
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News
Discount supermarket Motatos to launch in the UK this summer
Swedish online discounter Motatos is set to launch in the UK in June.