All Inflation articles – Page 8
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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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News
Greggs 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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News
Hotel 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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Analysis
Analysis: 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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Data
Data: 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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Data
Data: 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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News
Asda 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.
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Data
Data: Online retail grows at slowest rate on record in January
Ecommerce sales grew at the slowest rate on record in January as retailers battle the ongoing cost-of-living crisis and rising inflation.
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Gallery
Store gallery: Poundland launches new large-format store to focus on fresh food
Poundland has opened its first large-format store, offering more fresh food in a bid to attract cash-conscious customers to do their weekly shops with the discount chain.
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Analysis
Analysis: Aldi vs Lidl – which discounter will take the edge in grocery’s next price war?
In the wake of the 2008 global financial crisis, Aldi and Lidl’s sales soared as cash-strapped customers switched. With the UK now facing the worst cost-of-living crisis in 30 years, which of the discounters is best placed to benefit?
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News
Ocado boss downplays effects of food inflation on online grocery sales
Ocado boss Tim Steiner has said the pureplay grocer has been largely immune to the inflationary price rises gripping the industry and downplayed risks to sales.
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News
Asda makes budget ranges promise after anti-poverty campaigner complaints
Asda will ensure its budget Smart Price and Farm Stores ranges will be available at all of its 581 stores and online after complaints from anti-poverty campaigner Jack Monroe.
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News
Tesco chair warns of further inflation with ‘the worst yet to come’
Tesco chair John Allan has warned that supermarket prices could rise as much as 5% by spring.
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Opinion
Jo Whitfield: ‘Race to the bottom on price raises fears about sustainability of food production’
Lower prices for shoppers must not mean a squeeze on farming and suppliers, argues Co-op Food chief executive Jo Whitfield
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Data
Data: Shop price inflation rises to highest level since December 2012
Shop price inflation soared in December, driven by an increase in non-food inflation, as the cost of living rises across the UK.
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Data
Data: Confidence drops as consumers brace for rising inflation
Concerns around the increase in fuel costs, as well as rising inflation and interest rates, led to a decrease in consumer confidence in January.
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News
Iceland freezes prices on £1 value range to ease cost-of-living crunch
Iceland has vowed to freeze the price of more than 60 of its £1 value lines to ease the cost-of-living crunch piling pressure on its customers.
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Data
Data: Christmas shopping set to be more expensive as shop prices rise
Shop prices rose for the first time in two and a half years as the combination of supply chain disruption, labour shortages and rising commodity prices impacted consumers.
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News
Unilever hikes prices as inflationary pressures bite
Unilever has hiked prices and warned of further inflationary pressure next year amid rising costs for energy and raw materials.