All Economy articles – Page 36
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Town centre vacancy rates soar
Vacancy rates in town centres have risen to their highest in four years, according to the latest BRC-Springboard Footfall and Vacancies Monitor.
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City snapshot: Supermarket prices move back into deflation
Supermarket prices fell back into deflation in April according to The Grocer Price Index, with overall grocery prices now in decline in five of the past seven months. Plus, Wilkinson Sword owner Edgewell buys online rival Harry’s, Hain Celestial sells protein business and all the rest of the latest news from the City.
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Warm weather boosts food sales over Easter
Food enjoyed an upbeat April because of the warm weather over the Easter weekend, the latest BRC-KPMG retail sales monitor shows.
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City snapshot: Easter fails to halt high street sales slide
Good weather and the Easter holidays have failed to stem the decline of the UK’s suffering high street, with shopper numbers over the period down again according to BDO. Plus, Beyond Meat shares surge 170% on US stock market debut and all the rest of the latest news from the City.
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Grocery sales growth hits 2019 high thanks to bumper Easter
The grocery sector is growing at its fastest rate this year thanks to a record £2.5bn Easter spend when shoppers took home £335m of Easter eggs and seasonal chocolate.
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Warmer weather helps March retail footfall
Retail footfall increased 1.4% in March, according to the BRC-Springboard footfall and vacancies monitor, as warmer spring weather helped boost shopper numbers after a poor 2018.
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Retail sales growth slows amid Brexit uncertainty
UK retail sales growth significantly slowed in the first three months of the year amid Brexit-related caution, specialist cake retailer Cake Box saw reported a slowdown in like-for-like sales and the rest of the City news
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Media Bites 9 April: Retail sales, Tesco, Holland & Barrett
Growth in UK retail sales slowed markedly in the first three months of this year as Brexit uncertainty made shoppers more cautious
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Bad weather drives biggest food price rise in five years
Food prices have surged at the fastest rate in more than five years after poor weather hampered crop production.
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Grocery sales growth drops to slowest rate in a year
Grocery sales growth has fallen to its lowest level since March 2018 as the late Easter and Mother’s Day hit year-on-year comparisons, according to Kantar. Plus, profits slump at palm oil producer MP Evans and all the rest of the latest news from the City.
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City snapshot: Retail leaders call for business rates reform
Retail leaders have called on MPs to reform the business rates system which they say is “strangling the high street”, cafe bar group Loungers floats on the AIM and the rest of the news from the city
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Dave Lewis slams 'broken' government retail strategy
Lewis called for urgent reform of the Apprenticeship Levy and for an online sales tax
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City snapshot: Consumer confidence holds steady despite Brexit chaos
UK consumer confidence remained flat in March despite the unprecedented uncertainty surrounding the country’s exit from the EU.
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Consumer spending growth to slow amid Brexit caution
Consumer spending growth is set to slow down as people become more cautious amid political uncertainty, according to financial services giant PwC
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City Snapshot: Deal activity in 2018 unaffected by Brexit but value sinks
The number of food and drink deals in 2018 stayed in line with previous years despite Brexit concerns, profits slide at Wetherspoons on the back of labour costs and the rest of the news from the City
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Retail footfall drops 2% in February
Retail footfall declined for the 15th consecutive month in February, as it plunged 2% according to new research.
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City snapshot: High street sales growth slumps to decade-long low
High street retail sales in February were the weakest for a decade, as Valentine’s Day failed to provide an uplift, new figures reveal
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Grocery sales growth slows amid Brexit caution
Grocery sales grew by 1.9% in the 12 weeks to 24 February as one in ten shoppers admit to stockpiling food in preparation for a possible disorderly Brexit.
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Supermarket prices rise again after Christmas cuts
The Grocer Price Index moved back into annual inflation of 0.4% in January compared with a 0.4% price drop in December
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City snapshot: High street suffers worst January since 2013
The UK retail industry suffered its worst start to the year since 2013, according to the monthly BDO High Street sales tracker. Plus, Brexit preparations and turnaround costs drive Kellogg’s to fourth quarter loss and Cranswick and Ocado shares plunge