Inflation

Inflation remains above 10% in March

Despite easing slightly, inflation remained above 10% in March thanks to food and drink costs reaching a 45-year high, according…

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THG faces takeover bid as FY losses widen 

THG has seen its operating loss more than double to £495.6m in the preliminary results for FY22, which closely follow…

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Food and drink inflation in supermarkets surges 17.2% in March

Overall food and drink inflation in supermarkets rose 17.2% in March, up from 16.5% last month, according to data from…

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Retail M&A deals up 30% since pre-pandemic times, study finds

The number of UK M&A deals targeting retailers has increased by 30% since before the pandemic, with 34 retail M&A…

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Tesco profits halve as inflation hits business

Tesco has seen its full-year profits plunge by 50.8% to £1bn, down from £2.03bn the prior year, as inflation took…

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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…

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UK retail sales jump 5.1% in March

Total retail sales in the UK were up 5.1% in March according to data from the British Retail Consortium and…

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Co-op profits hit £247m but warns on future impact of inflation

Co-op has seen its revenues surge £300m to £11.5bn, up from £11.2bn, for the year ended 31 December 2022. Alongside…

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Supermarket till value sales rise to 11.5% in March

As food inflation in March soared to 15%1, total till value sales rose to 11.5% in the last four weeks…

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The current discourse surrounding John Lewis

Recent news of John Lewis’ plan to shake up its partnership model, which sees that staff are treated as shareholders,…

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