Inflation

Greggs lifts guidance despite supply chain disruptions

Greggs has welcomed a resilient performance in its third quarter of trading, with like-for-like sales up by 3.5% against 2019,…

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Boohoo profits dented in H1 despite ‘record’ sales

Boohoo has welcomed “record” first-half sales of £976m in the six months ending 31 August 2021. Despite this, profitability was…

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Next raises guidance but warns of staff shortages

Next has raised its full-year guidance following a strong performance in its half-year results, and now expects its profit-before-tax to…

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Consumer confidence falls amid ongoing supply chain issues

UK consumer confidence has fallen back five points in September, largely attributed to both shop supply shortages and rising prices,…

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Supermarkets warn of panic-buying amid ongoing labour crisis

Leading UK supermarkets are reportedly concerned about a surge in panic-buying during the run-up to Christmas, as supermarkets continue to…

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Convenience stores see sales outperform UK supermarkets

Grocery spend at UK convenience stores increased by +3.3% in the last four weeks ending 11 September 2021 –  outperforming…

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Inflation sees biggest jump on record in August

UK inflation saw its largest jump since records began in August, as the rate spiked to 3.2% in a 12…

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Primark Q4 operating profits to beat expectations despite sales fall

Associated British Foods (AB Foods) has announced that Primark will beat its Q4 FY21 adjusted operating profit expectations, as the…

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Morrisons warns of ‘industry-wide’ inflation as profits drop 37.1%

Morrisons has forecasted “industry-wide” price increases across the retail sector during the second half of FY22, as HGV driver issues…

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Supply chain disruption hits Halfords’ bike sales

Halfords has announced that global supply chain disruptions have hit its cycling business in recent weeks, despite cycling sales rising…

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