Deflation
This coverage examines deflation and its implications for the UK retail sector, focusing on price trends, consumer behaviour, and business strategy in a declining price environment. Reporting highlights economic indicators, sector responses, and challenges retailers face in maintaining margins and demand during periods of deflation. Retail executives, finance managers, and strategists can use these insights to plan for shifting market conditions.
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Apr- 2023 -11 AprilSupermarkets
Tesco eyes supplier price cuts in bid to lead supermarket deflation
Tesco is reportedly set to push suppliers for price cuts as it looks to pass on lower prices to consumers and drive down food price inflation, according to The Sunday Times. The outlet cited Ged Futter, director at The Retail Mind, who claimed Tesco is trying to “lead the supermarket…
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Jan- 2023 -17 JanuaryOnline & Digital
THG lowers profit guidance as it launches new strategy
THG has revealed it now expects its EBITDA to come in between £70m-£80m, down from £100m-130m, due to lower full-year sales outturn. During the full-year period ended 31 December 2022, the online retail group said the guidance comes despite record sales of £2.25bn, boosted by +9.4% increase in THG Beauty…
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Jan- 2022 -5 JanuaryNews
Price rises to pick up momentum in 2022
Shop price annual inflation accelerated to 0.8% in December, up from 0.3% in November with prices set to rise in the new year, according to a latest study from the BRC. The increase of 0.3% is above the 12 and six month average price decreases of 0.9% and 0.3%, respectively.…
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Sep- 2021 -28 SeptemberFeatures
Have we reached a ‘peak’ in e-commerce M&A?
It has been mentioned time and again, the e-commerce boom has been led by Covid-19. The past 18 months have undoubtedly seen a myriad of digital retailers expand exponentially. M&A interest within the sector has also swelled to unseen levels. Yet, is this spike sustainable? Will e-commerce firms continue to…
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Jul- 2021 -28 JulyHigh Street
Shop prices decline will ‘not last forever’, BRC warns
Shop prices have continued to decline in July, but the lowering of prices may “not last forever” in the wake of Brexit, according to the latest BRC-Nielsen Shop Price Index. Shop price deflation accelerated to 1.2% year-on-year over the month, compared to June’s decrease of 0.7%. According to the BRC,…
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Apr- 2021 -28 AprilEconomy
Shop prices fall in April as non-essential retailers reopen
UK shop prices continued to drop in April as non-essential retailers reopened after lockdown, according to the BRC-Nielsen shop price index. In order to entice consumers, retailers decreased shop prices by 1.3% over the period, compared to the previous drop of 2.4% in March. However, the fall in non-food prices…
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Mar- 2021 -3 MarchEconomy
Shop prices continue to fall in February
Shop prices continued to fall in February, down 2.4%, marking the lowest deflation rate since May 2020. According to the latest figures from the BRC-Nielsen Shop price Index, the decline was below the 2.2% experienced in January and is also below the 12- and six-month average price decreases of 1.7%…
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Apr- 2020 -1 AprilCoronavirus
Shop prices slide amid UK lockdown, says BRC
The price of shop goods slipped by 0.8% in March, down from 0.6% the month prior, according to the latest BRC-Nielsen Shop Price Index. In the same month, non-food prices fell by 1.9%, which marked the highest rate of decline in non-food prices since May 2018. The lowered prices were…
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Oct- 2019 -30 OctoberEconomy
Shop prices decrease again in October
Shop price deflation decelerated to 0.4% in October from -0.6% in September, according to new figures from the British Retail Consortium (BRC). The results are below the 12- and six-month average price changes of 0.2% and -0.2%, respectively. Additionally, non-Food deflation decelerated to 1.5% in October, from -1.7% in September,…
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18 OctoberEconomy
Retail footfall plummets as autumn begins
Footfall in non-food stores fell by 9.9% year-on-year in September, according to the Retail Traffic Index published by Ipsos Retail Performance. Compared with August, the average weekly footfall in the month fell by -7.3%. Additionally, the number of shoppers visiting the high street in London and the south east continued…
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