A government health agency has said that that calorie intake of processed foods must be reduced by 20% by 2024. ( Financial Times £)
Retailers suffered tough trading in February after a squeeze on household incomes forced consumers to spend more money on food and essential items say the British Retail Consortium (The Guardian). Figures revealing rising retail sales offered some succour yesterday to a sector still reeling from a double whammy of administrations last week (The Times £)
Sales at the UK’s largest online only retailers jumped by 23% last year, as consumers embraced mobile shopping and artificial intelligence driven features. (Financial Times £)
UK farmers caught between Brexit and changing consumer tastes, writes The Financial Times £. Concerns about animal welfare and rise of ‘flexitarians’ come as subsidies face reform
Amazon may be about to become an even bigger part of many consumers’ lives amid reports that it is considering a foray into financial services. The giant internet retailer is said to be in talks with big banks including JP Morgan about setting up an Amazon-branded current account. (The Times £)
Shares in the world’s largest poultry exporter, Brazil’s BRF, has lost nearly a fifth of its value, after the Brazilian authorities launched a new phase of investigation into safety in the meat industry. ( Financial Times £)
Poundland is taking the fight to Primark with plans to open another 91 Pep & Co fashion concessions in its stores over the next four months. (The Telegraph)
Retail tycoons Sir Philip Green and Mike Ashley have been dealt some good news as MySale, an Australian online fashion seller they have both backed, reported a surge in sales. (The Telegraph)
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