All Inflation articles – Page 8
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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.
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Opinion'From the pandemic into war – long-term disruption looks like retail’s new normal'
The Keynote: From the pandemic into war – long-term disruption looks like retail’s new normal
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NewsGreggs boss Whiteside refuses to rule out price rises as inflation deepens
Greggs boss Roger Whiteside has said it would be “irresponsible” to rule out further price rises on products and warned inflation could hit 6% or 7% this year as ingredients and energy prices skyrocket.
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NewsHotel Chocolat on a high as profits outstrip sales growth
Hotel Chocolat has hailed another strong trading period for the business despite wider inflationary pressures as profit grew faster than sales growth.
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AnalysisAnalysis: How Ukraine crisis will impact food prices, petrol and confidence
As the world watches in horror at the unfolding Russian invasion of Ukraine over the last few days, the war will only increase pressure on UK retail in an already inflationary environment.
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DataData: Four out of five consumers mull switching to discounters as cost of living soars
A new survey has found that four out of five UK consumers are considering switching to value or discount retailers due to the growing cost-of-living crunch.
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DataData: Consumer confidence hits lowest point in a year as price rise fears grow
Consumer confidence has dropped to its lowest point since January 2021, one of the worst months of the pandemic.
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NewsAsda strike looms as thousands reject pay deal
Asda faces the threat of industrial action as thousands of lorry drivers, warehouse staff and clerical workers voted against a revised pay offer from the grocer.
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Opinion‘Asda’s reaction to Jack Monroe reveals rise of a new style of influencer’
As the spiralling cost of living unsettles consumers – inflation now stands at a 30-year high according to this week’s ONS data – retailers’ value propositions are coming under the spotlight in new ways, sometimes in an unflattering light, from a new type of influencer.
