Major grocers account for more than two thirds of all spending over Christmas
For the four weeks up to 25th December 2022 take-home grocery sales hit £12.8 billion. The first time the £12 billion mark has been breached, according to Kantar.
Egg farmers ask Sainsbury’s for urgent meeting as imports replace British product
Egg producers to ask Sainsbury’s for an urgent meeting after the retailer confirmed it is stocking eggs imported from Italy.
Grocery price inflation hits record 14.7%
Take-home grocery sales rose by 5.2% in the 12 weeks to 30th October 2022, the fastest rate of market growth since April 2021.
Convenience stores sector hits £47bn in revenue
Research has revealed that the UK convenience store market has increased by almost 4.1% in size in 2022, generating revenues of £47bn.
Sainsbury’s interim results reveal 0.2% rise in grocery sales but operating profit down
For the 28 weeks ended 17th September 2022, Sainsbury’s saw its grocery sales rise by 0.2%, with strong growth recorded in the second quarter of 3.8%. Its retail operating profit, however, was down 9%.
Heinz products absent from Tesco shelves following pricing row
Heinz has stopped supplying Tesco with some of its products in a dispute over pricing. Ketchup, baked beans and tomato soup are among the various products reported to be missing from shelves in certain Tesco stores.
