IGD forecasts global discounters’ value will grow by $217bn
A report from the Institute of Grocery Distribution has stated that discount will be the fastest growing physical grocery channel in the next five years.
Food sales up 8.2% on the year over Easter
The British Retail Consortium has reported a 7% increase in total retail sales after the “sunniest April on record”.
IGD predicts convenience retail will surpass $1 trillion by 2029
IGD has published its Global Convenience Trends Report 2025, which it said revealed “significant changes” ahead for the sector.
Chocolate sales up as consumers celebrate Easter
The latest supermarket Kantar data has shown that Easter spending was up 11% on the year, while grocery price inflation hit 3.8%.
Lidl plans to invest half a billion pounds in its expansion
Discounter Lidl plans to invest £500 million in its expansion as it is set to open over 40 new stores in 2025.
Co-operative Group publishes 2024 annual report
The Co-operative Group profits are up for the year ended 4th January 2025, while revenue remained flat.
