Inflation

Supermarkets see largest drop in grocery price inflation since its peak

Grocery price inflation has seen its steepest decline since inflation peaked in March this year, falling 1.6 percentage points to…

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Grocery prices soar more than 25.8% in two years, says Which?

The price of groceries at supermarkets has gone up 25.8% since the cost of living crisis began, according to new…

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Credit insurance lowered for Boohoo suppliers

Leading credit insurer Allianz Trade has lowered cover for Boohoo’s suppliers following the financial pressures faced by the retailer, The…

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Poundland owner reports positive growth of 12.5% in Q3

Pepco Group, the owner of Poundland, has reported that third quarter revenues hit €1.37bn (£1.17bn), up by 12.5% year-on-year, with…

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Superdrug profits soar 71% in 2022

Superdrug has revealed that pre-tax profit soared by 71.7% to £77.8m in 2022, against the prior year’s £45.3m, as online…

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June footfall sees highest increase since 2009

High inflation and rising interest rates did not impact consumer activity across UK retail destinations last month, according to Springboard,…

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Cost of living crisis to wipe £65bn from household finances

Inflation and the cost of living crisis are set to wipe £65bn from household finances across the UK, with real…

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UK retail sales rise 5% in June

Total retail sales in the UK were up 4.9% in June, compared with a 1% decline in June 2022, according…

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Iceland expects profits to hit 10-year high

Iceland expects to deliver its “highest” profit in over a decade due to its increased focus on value and cost-saving…

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LFL sales nudge up 1.9% in June, BDO finds

Like-for-like retail sales improved marginally in June, up 1.9%, according to new data from BDO LLP.  The latest BDO’s high…

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