Waitrose profits slip despite increase in sales

Waitrose profits slip despite increase in sales

Mar 13, 2018 | News, Retailing

Profits at Waitrose took a 32.1% hit, as the retailer decided not to pass on all cost price inflation to customers, along with investments in “customer experience” for the half year ended 29th July. John Lewis Partnership, which Waitrose is part of, revealed that the...
Soup and bacon sales boosted by ‘Beast from the East’

Soup and bacon sales boosted by ‘Beast from the East’

Mar 12, 2018 | News, Retailing

UK shoppers spent £15 million on soup during recent bad weather, according to IRI supermarket sales data. Sales of bacon and bird feed also offered supermarkets a boost. During the week ending 3rd March 2018, consumers spent £15.4 million on soup in supermarkets – the...
Tesco and Morrisons top the ‘big four’ in buoyant market

Tesco and Morrisons top the ‘big four’ in buoyant market

Mar 6, 2018 | News

Grocery sales have increased in value by 3.2% compared to the same time last year, marking the 12th consecutive period in a row that total market sales have exceeded 3% and that each of the big four retailers has seen positive growth. According to the latest grocery...
Tesco and Morrisons top the ‘big four’ in buoyant market

Supermarket sales continue to grow despite spending drop

Feb 6, 2018 | News

Grocery sales have enjoyed a 3.4% increase in value, compared with this time last year, despite a seasonal dip in shopper spend post-Christmas at £1.6 billion less than the month before. According to the latest grocery market share figures from Kantar Worldpanel,...
Lobby group calls for 20% sugar tax on confectionery

Lobby group calls for 20% sugar tax on confectionery

Jan 26, 2018 | Confectionery, News

Action on Sugar, based at Queen Mary University of London, has urged for a complete ban on all confectionery price promotions, along with a sugar tax on all confectionery of at least 20%. The call follows its product survey, which reveals the amount of sugar in...