Inflation

Total till sales slow as shoppers save to spend £5bn on Xmas week

Total Till sales at UK supermarkets slowed +6.8% in the last four weeks ending 2 December 2023, according to new…

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Pepco Group revenues rise 17.7% to €5.6bn in FY23

Poundland owner Pepco Group has reported a 17.7% increase in revenues to €5.6bn (£4.8bn) for the 12 months ended on…

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December to see £13bn in grocery sales for first time, Kantar says

Take-home grocery sales are expected to surpass £13bn for the first time ever this December, according to marketing data and…

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Early signs of footfall recovery ahead of festive trading, BRC finds

The retail sector experienced early signs of footfall recovery in November as total UK footfall decreased by 0.7% in November(YoY),…

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Today’s news in brief-29/11/23

José Neves, the owner of luxury fashion site Farfetch, is reportedly in talks to take the company private, just five…

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Branded grocery suppliers increased unit profitability, CMA probe finds

A number of suppliers of branded grocery products “raised prices faster than costs rose”, according to the CMA’s latest findings…

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Falling inflation under threat in 2024, BRC warns

The British Retail Consortium (BRC) has warned that the current trend of falling inflation could be under threat in the…

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Topps Tiles PBT falls to £6.8m despite record revenues

Topps Tiles has revealed its profit before tax fell 37.6% to £6.8m in FY23 despite reporting a third consecutive record…

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Better than forecasted: how is Black Friday 2023 doing?

According to last week’s release from MRI Software, Black Friday 2023 is going to be underwhelming for retailers compared to…

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BRC accuses Hunt of ‘selling out’ retailers and customers

The British Retail Consortium (BRC) has accused the chancellor of selling out retailers and customers in his Autumn Statement delivered…

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