All Economy articles – Page 14
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News
City snapshot: Easing inflation drives grocery sales growth slowdown
UK grocery sales growth fell back sharply in July as price inflation continues to ease, according to the latest market share figures from Kantar
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News
City snapshot: Recession fears ease as UK GDP jumps 0.5% in June
UK GDP grew by an unexpectedly strong 0.5% in June to take overall growth for the second quarter to 0.2%
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News
Brexit key cause of exports decline, government data shows
Forty-three per cent of exporters of goods and services said they had seen a decrease in trade, compared with 26% who said their exports had increased
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Comment & Opinion
Sustainable products aren’t an easy sell in tough economic times
It has never been more difficult to create and translate a green product point of difference into bottom line growth, says Alex Lawrence, senior strategic insight director at Circana
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Comment & Opinion
Retailers must prove their value as consumer confidence sinks
The unsettled nature of the economy creates the perfect recipe for an ever-cautious consumer, says Oliver Vernon-Harcourt, head of retail at Deloitte
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News
City snapshot: Wet weather dampens UK retail demand
UK retail sales growth fell back in July as damp weather and persistent inflation hit shopper activity, according to the monthly BRC-KPMG retail sales monitor
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News
City snapshot: July retail sales rebound despite wet weather
July saw small increase in sales, according to data from accountancy firm BDO, but slowed in the second half of the month by wet weather
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Comment & Opinion
Just as we thought food inflation was starting to ease…
A series of threats to global commodity markets are stoking renewed fears of price hikes
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Comment & Opinion
Why marketing must be local up, not national down, in a cost of living crisis
A time of crisis is a good time to look at doing things differently, says Mike Fantis, managing partner at DAC Group
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Category Report
How tighter budgets are reshaping home baking
Brits are abandoning their mixing bowls as surging ingredient prices make home baking costly. How is grocery responding?
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News
Substantial slowdown in grocery industry profit warnings
Fmcg profit warnings have slowed significantly in the first half of 2023 as retailers and manufacturers experienced a positive start to the year
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Comment & Opinion
It’s no surprise soaring costs have sent vegan brands to the wall
Evidence shows growth in plant-based products has slumbered this year due to price increases, says Heck co-founder Jamie Keeble
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Comment & Opinion
What fmcg can learn from Apple and VW
The benefits of thinking differently about category management are clear for both brands and shoppers, says Andrew Hovells, strategy director at Live & Breathe
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News
City snapshot: Warm weather boosts June retail sales
The hottest June on record boosted UK retail sales last month, according to the BRC-KPMG Retail sales monitor, though sales growth continues to significantly lag inflation
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Comment & Opinion
I led a review into labour in the food supply chain – and the problems are apparent
England’s food supply chain faces significant obstacles in recruiting and retaining a competent workforce, says John Shropshire, chair of the Independent Review into Labour Shortages in the Food Supply Chain
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News
Climate Change Committee slams lack of net zero support for agriculture sector
The government lacked “a coherent, strategic approach to co-ordinated policy to meet the multiple needs for land” and a robust policy framework for emissions
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News
‘Crippling’ alcohol duty hike will hit consumers and brands hard
Another household budget bashing this summer as the government remains set to lift its three-year alcohol duty freeze
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Comment & Opinion
Supermarket bosses’ food price grilling by MPs foreshadows more woes
Retailers will be much more concerned about next week’s CMA probe
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News
Morrisons vows to stock Savers range in c-stores to help low-income shoppers
CEO David Potts announced the move as MPs grilled executives from the major retailers on what they were doing to tackle food inflation
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News
City snapshot: Warm weather boosts grocery sales volumes in June
A June heatwave helped improve grocery volumes and saw sales edge upwards, according to new data from NIQ