All Cost of living crisis articles – Page 15
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Comment & OpinionAldi and Lidl under siege? Inside Asda’s audacious price match scheme
Asda was so serious about being the cheapest that the deal applied if it wasn’t at least 10% cheaper
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NewsTesco launches new year price cuts across 150 food staples
The move comes following Tesco’s announcement yesterday that it is allowing customers to earn double Clubcard points when they shop for the next seven weeks
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NewsSpar launches £1.25 value promotion on staple goods
The new year campaign is being highlighted to shoppers with in-store PoS and Spar radio
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NewsJames Convenience Retail boosts PMP offer in cost of living strategy
With each store now holding a minimum of 50 PMP lines, the initiative has so far pushed crisps and snacks sales up by 30%, while confectionery sales have risen by 16%
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Comment & OpinionWhy we must get the right margin on PMPs
The amount of trust embedded within PMPs cannot be overstated, says Unitas Wholesale MD John Kinney
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NewsTesco launches biggest double Clubcard points promotion in a decade
The move will allow customers to double the value of rewards with more than 100 Clubcard partners
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News120,000 retail jobs lost and 10,000 shops closed in 2023
Most of the closures resulted from company restructures and cost-cutting programmes, according to the Centre for Retail Research
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Comment & OpinionHow slowing inflation will shape growth tactics in 2024
Our expectation is that volume growth will be the primary focus, says Alex Lawrence, senior strategic insight director at Circana
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NewsAsda becomes first supermarket to price match both Aldi and Lidl
Asda will price match Aldi and Lidl on 287 comparable grocery products and has reduced prices by an average of 17%
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NewsRed sea shipping attacks will lead to ‘inevitable’ food inflation
The crisis in the key shipping route lining the Mediterranean via the Suez Canal has sparked military and political action by the US and other governments
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Comment & OpinionWhat’s driving your product and pricing decisions?
As we enter the new year, the UK economy is still in the grip of uncertainty, say Julie Neal, director, and Sabine Sayer, managing consultant, at management consultancy, Vendigital
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NewsSuperdrug cuts price of 150 own brand lines by up to 50%
The reduced lines had been curated to cater for ‘everyday shopping’, according to Superdrug own brand director Jamie Archer
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NewsCity snapshot: ‘Whopper’ Christmas for supermarkets as Brits spend a record £13.7bn over the festive period
Supermarkets enjoyed the busiest Christmas since before the pandemic as a record £13.7bn passed through their tills over the crucial December trading period, according to data released this morning
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NewsMorrisons announces £15m price cuts across 200 products
An average of 20% cuts are being introduced for cupboard essentials and breakfast options, as well as healthier products to fit with new year diets
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NewsFamilies face choice between food and Christmas presents, survey shows
The survey of food hub users showed families are ‘struggling to afford the food they need’, The Food Foundation said
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NewsWaitrose to distribute food parcels to care leavers over Christmas
It’s a repeat of an initiative last year, in conjunction with The Gold From The Stone, a foundation founded by the author Lemn Sissay
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NewsUK retail workers ‘worse off’ than European peers this Christmas
Nearly half of UK workers had to work more hours in 2023 compared with previous years due to the cost of living crisis
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NewsCity snapshot: General Mills lowers expectations and warns of slower volume recovery
US consumer packaged goods giant General Mills has downgraded expectations for 2024 as steep price hikes depressed shopper demand.
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Comment & OpinionHow consumers shopped food and drink in 2023
Own label and treat categories have been winners of the past year, says Rachel White, NIQ MD UK & Ireland
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NewsSainsbury’s ‘doubles’ value products in c-stores
The lineup of products stocked by major supermarkets in their convenience stories has come under increased scrutiny during the cost of living crisis