Shopping baskets shrink as consumers spend less on groceries
NielsenIQ has released its Total Till data for the four weeks ending 17th May 2025, finding that sales growth had decreased to 3% from the previous month’s 9.6%.
NielsenIQ has released its Total Till data for the four weeks ending 17th May 2025, finding that sales growth had decreased to 3% from the previous month’s 9.6%.
According to market research firm Kantar’s supermarket share update, grocery inflation was at its highest rate in over a year.
Tesco has announced that its UK CEO, Matthew Barnes, has stepped down from his role to pursue other opportunities.
UK retailer Marks & Spencer has reported its full year results for the 52 weeks ended 29th March 2025, with its pre-tax profit up 22.2% on the year.
The British Retail Consortium has reported a 7% increase in total retail sales after the “sunniest April on record”.
UK supermarket Tesco has revealed that its fresh chicken is now grown with 20% more space than the industry standard.