The ONS inflation data for December showed food and drink price inflation continuing to rise, whilst headline inflation slowed for a second month in a row in December, down to 10.5%.
Tesco’s latest trading update has confirmed a strong performance driven by what it describes as a focus on value and quality, with particular strength in fresh food.
According to BRC’s chief executive, Helen Dickinson, the upturn in spending over Christmas gave retailers temporary cause for cheer.
Sainsbury’s third quarter trading statement has revealed a record Christmas and Q3 grocery volume performance.
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 producers to ask Sainsbury’s for an urgent meeting after the retailer confirmed it is stocking eggs imported from Italy.