All Inflation articles – Page 7
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Opinion‘Food insecurity is a reality for many, and the fear is it will only get worse’
Mitigating higher costs for consumers while ensuring food supply chains remain sustainable is a fine balance, says Co-op Food co-managing director Matt Hood.
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NewsTesco chair calls for action after lack of help to ease inflation in Queen’s speech
Despite promising to ease the cost of living crisis, no new measures were introduced in the Queen’s speech, after Tesco chair John Allan called for a windfall tax to ease rampant inflation.
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NewsBank of England warns on recession risk and surge in cost of living
The Bank of England has signalled the possibility of a recession later this year when inflation is likely to reach 10%.
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DataData: Footfall drops in April as retail sweats on sustained cost-of-living contraction
Footfall in April dropped across all retail destinations as the sector waits to see whether the month will be a precursor for the future as the cost-of-living crisis deepens.
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AnalysisAnalysis: Can Sainsbury’s food-first focus stand up to inflationary pressures?
A year into its strategy to put food back at the heart of its business, Sainsbury’s has delivered strong profit growth. Yet as the cost-of-living crisis begins to bite, the grocer is faced with unique challenges on top of the hyper-inflationary market
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NewsNestlé warns of further price hikes as inflation soars
FMCG conglomerate Nestlé has said that more price rises will hit this year as it tackles inflationary pressures.
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DataData: Discretionary income falls in poorest households as cost-of-living crisis deepens
The cost-of-living crunch is hitting the UK’s least affluent households the hardest, with discretionary spending among the poorest households already declining.
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NewsData: Inflation hits 30-year high of 7% as fuel and food prices soar
The annual rate of inflation recorded a rise to 7% in the 12 months to March as the cost of living continues to soar.
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NewsSainsbury’s becomes first major grocer to pay both real and London living wage
Sainsbury’s will increase pay for Sainsbury’s and Argos store employees in outer London, becoming the first major supermarket to pay the real living wage and London living wage to all its store workers.
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OpinionHelen Dickinson: ‘As war and cost of living dominate headlines, doing the right thing has never been more important’
Supporting colleagues through difficult times and protecting customers from the full shock of rising costs is vital to building and retaining loyalty, says BRC chief executive Helen Dickinson.
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Opinion‘After Morrisons’ gloomy update, Tesco will set tone for all of retail next week’
A downbeat trading update from grocer Morrisons raised questions over prospects for other grocers and the retail industry more widely.
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DataData: Shop price inflation soars as cost pressures mount
Shop prices have risen for the fifth consecutive month as retailers grapple with cost inflation.
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VideoRetail Question Time: Mike Coupe and Maria Hollins on navigating unprecedented times
The cost-of-living crunch, spiralling business costs and Russia’s invasion of Ukraine have created uncertainty and a scale of challenge never experienced by retailers in living memory.
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DataData: Consumer confidence plummets as cost-of-living crunch bites
Consumer confidence dropped further in March as concerns over the cost of living grew, with 30-year-high levels of inflation and soaring fuel and food prices.
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NewsAsda launches new budget range and extends loyalty programme to more stores
Asda has launched a new Just Essentials budget range and extended its loyalty programme to more stores as it seeks to support customers through the cost of living crisis.
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AnalysisAnalysis: Did Rishi Sunak’s statement put a spring in retail’s step?
On the day inflation hit a three-decade high, chancellor Rishi Sunak delivered a spring statement light on action but heavy on promises as the cost of living crisis continues to spiral.
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NewsInflation hits 30-year high ahead of Sunak’s spring statement
Inflation shot up again in February as fuel, energy and food costs all surged ahead of chancellor Rishi Sunak’s spring spending statement later today.
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AnalysisAnalysis: Why Kingfisher’s success is built on more than just lockdown headwinds
With inflationary pressures front of mind for both retailers and customers, Retail Week explores why Kingfisher believes the business is prepared to sail through the storm
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AnalysisAnalysis: As Ocado and Deliveroo warn of slowdown, where next for online food delivery?
Both Ocado and Deliveroo have warned of a potential slowdown in their businesses. Retail Week looks at how the two digital food retailers are looking to navigate the headwinds.
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NewsFashion giant Inditex warns of price rises as inflation hits
Zara owner Inditex has introduced price rises across its different brands in line with cost inflation.