Shoppers turn to multiple supermarkets as grocery inflation reaches record high
1 year, 8 months ago

Shoppers turn to multiple supermarkets as grocery inflation reaches record high

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Grocery price inflation has hit another record high to add a potential £837 to annual household bills as shoppers increasingly turn to multiple supermarkets to hunt for bargains. This is a fiercely competitive sector and if people don’t like the prices in one store they will go elsewhere Fraser McKevitt, Kantar Fraser McKevitt, head of retail and consumer insight at Kantar, said: “Unfortunately, it’s more bad news for the British public, who are experiencing the ninth month of double-digit grocery price inflation. “This is a fiercely competitive sector and if people don’t like the prices in one store they will go elsewhere, with consumers visiting three or more of the top 10 retailers in any given month on average.” Retailers are also using loyalty card schemes to attract and retain shoppers, and more than nine in 10 consumers use at least one of the schemes, Kantar found. However, branded goods still make up 52% of the market and sales grew by 7.2% over the past month, the fastest rate seen since February 2021.

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Grocery inflation rises as supermarket trips hit four-year high
1 month, 1 week ago

Grocery inflation rises as supermarket trips hit four-year high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Supermarket prices were 2.3% higher than a year ago last month, up slightly on …

Tesco is 'lowering prices as quickly as possible' says boss with cuts on thousands of items as UK's battle against inflation eases
2 months, 2 weeks ago

Tesco is 'lowering prices as quickly as possible' says boss with cuts on thousands of items as UK's battle against inflation eases

Daily Mail  

Tesco's boss said it was 'lowering prices as quickly as possible' as the UK's battle against inflation continues to ease. Tesco's lower pricing has come as it has continued to grow its market share over the past year, now holding around 27.8 per cent of the grocery market, up from 27 per cent last October, according to Kantar figures. Ken …

Middle class shoppers flock back to Waitrose as supermarket slashes prices
4 months, 4 weeks ago

Middle class shoppers flock back to Waitrose as supermarket slashes prices

Daily Mail  

Shoppers have returned to Waitrose as troubled Asda continues to haemorrhage customers. In a closely watched update on the state of supermarket sector, research firm NIQ said Waitrose sales were up 3.6pc in the 12 weeks to July 13 compared to the same period a year earlier. The middle-class favourite has been slashing prices on hundreds of products as it …

Sticker shock: How the supermarket has become a potent symbol of inflation in America
5 months, 2 weeks ago

Sticker shock: How the supermarket has become a potent symbol of inflation in America

NPR  

Sticker shock: How the supermarket has become a potent symbol of inflation in America toggle caption Chase Castor for NPR For Ellie Currence, every trip to the grocery store brings a moment of sticker shock. "Everything is more expensive, which is a huge bummer because it's the essentials I need," says Currence, who lives in Belton, Mo., outside Kansas City. …

Tesco predicted to reveal ‘another strong quarter’
6 months, 2 weeks ago

Tesco predicted to reveal ‘another strong quarter’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tesco is predicted to reveal …

Shoppers save £1.3 BILLION (£46 each a month) by hunting out supermarket deals, figures show
8 months ago

Shoppers save £1.3 BILLION (£46 each a month) by hunting out supermarket deals, figures show

Daily Mail  

Shoppers saved £1.3 billion – an average of £46 per household – by hunting out supermarket deals in the past month, new figures have shown. Around three in ten or 29.3 per cent of items were bought through some sort of promotion, which has been primarily promoted through Supermarkets loyalty card schemes, such as Tesco's Clubcard and Sainsbury's Nectar card. …

Middle class shoppers flock back to Ocado... but Asda reels as sales slip
8 months ago

Middle class shoppers flock back to Ocado... but Asda reels as sales slip

Daily Mail  

Ocado was yesterday named the UK’s fastest growing supermarket for a second month in a row – while Asda is the only major player to see sales fall. In a closely watched update on the state of the grocery market, industry research group Kantar said Ocado sales were 12.5 per cent higher in the 12 weeks to April 14 than …

Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
8 months, 1 week ago

Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful

Associated Press  

NEW YORK — Americans boosted spending at a hotter-than-expected pace in March, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges. Retail sales rose 0.7% last month — almost double what economists had forecast — after rising 0.9% in February, according to Commerce Department data released Monday. This is one of the strongest retail sales reports we’ve …

Battle for customers drives down UK shop inflation
8 months, 2 weeks ago

Battle for customers drives down UK shop inflation

China Daily  

Competition for customers between retailers has played a big part in shop price inflation in the United Kingdom falling to its lowest level in two years, newly published figures have revealed. Food inflation dropped from 5 percent to 3.7 percent, and non-food inflation plummeted down from 1.3 percent to 0.2 percent, as retailers battled to win over customers who have …

Ocado lures back middle class shoppers as it's named UK's fastest growing supermarket
8 months, 3 weeks ago

Ocado lures back middle class shoppers as it's named UK's fastest growing supermarket

Daily Mail  

The boss of Ocado said it has ‘hit the ground running’ this year as it was named the fastest growing supermarket in Britain. Hannah Gibson, chief executive of the online grocer’s joint venture with Marks & Spencer, said it made a ‘strong start to the year’ as price cuts and an expanded range enticed middle-class shoppers back. Delivering the goods: …

Supermarket changes hundreds of products in battle against Aldi and Lidl
10 months ago

Supermarket changes hundreds of products in battle against Aldi and Lidl

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Morrisons has become the latest supermarket to try to win …

Higher prices push Dutch supermarket revenue past €50 billion
11 months, 1 week ago

Higher prices push Dutch supermarket revenue past €50 billion

Dutch News  

Higher prices, not increased consumption, have pushed supermarket revenue past the €50 billion mark for the first time, figures from market research bureau NielsenIQ quoted by news media have shown. Supermarkets said the the increase in energy costs and higher wages have been driving higher prices, as well as higher costs for raw materials. Almost 46% of all articles sold …

Grocery inflation sees fastest monthly drop as households spend all-time high
11 months, 3 weeks ago

Grocery inflation sees fastest monthly drop as households spend all-time high

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supermarket inflation has seen its …

Food price inflation falls at fastest rate on record
11 months, 3 weeks ago

Food price inflation falls at fastest rate on record

The Telegraph  

Mr McKevitt said cost of living pressures were forcing more shoppers to hunt out discounts, with almost a third of all spending in the weeks before Christmas made on items that were on offer at the tills. He added: “Retailers were clearly working hard during the festive period to offer best value and win over shoppers, and promotions were central …

Aldi and Lidl cheer record-breaking festive sales
11 months, 3 weeks ago

Aldi and Lidl cheer record-breaking festive sales

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Its fellow German-owned rival Lidl also claimed its best …

More Australians shopping for groceries online to ensure they're getting value for money as cost-of-living pressures remain
1 year, 2 months ago

More Australians shopping for groceries online to ensure they're getting value for money as cost-of-living pressures remain

ABC  

Sarah Woodland was one of thousands of people who turned to online grocery shopping during the pandemic, but she is part of a growing trend of people who are staying away from physical stores during their weekly shop. Key points: Consumers are shopping at multiple stores to get the best deal on their grocery shop Online stores like Amazon, Catch …

Customers shopping differently due to cost-of-living crisis, says Aldi boss
1 year, 2 months ago

Customers shopping differently due to cost-of-living crisis, says Aldi boss

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of Aldi’s UK …

Lidl swings to annual loss amid battle to keep prices low as costs surge
1 year, 3 months ago

Lidl swings to annual loss amid battle to keep prices low as costs surge

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Discount supermarket chain Lidl has …

Tesco fightback sees Aldi and Lidl lose ground in the battle for British shoppers
1 year, 3 months ago

Tesco fightback sees Aldi and Lidl lose ground in the battle for British shoppers

Daily Mail  

Aldi and Lidl have lost ground in the battle for the nation’s shoppers as larger rivals such as Tesco launched a fightback. Kantar said grocery price inflation has fallen to 12.2 per cent – the lowest level for a year. Price freeze:Tesco has seen its market share tick up from 27% to 27.2% in the 12 weeks to September 3 …

Waitrose and Aldi announce a further round of price cuts
1 year, 3 months ago

Waitrose and Aldi announce a further round of price cuts

Daily Mail  

Waitrose and Aldi have announced a further round of price cuts in the latest boost to hard-pressed households. Waitrose is cutting the price of a further 250 products by an average of 10 per cent this week. At the same time, discount supermarket Aldi is cutting the cost of 55 pieces of fruit of vegetables by an average of 11 …

Have rising prices permanently changed our habits at the supermarket?
1 year, 4 months ago

Have rising prices permanently changed our habits at the supermarket?

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Retail inflation surges to 7.44% in July
1 year, 4 months ago

Retail inflation surges to 7.44% in July

The Hindu  

Retail inflation resurged in July to hit 7.44% from 4.87% in June, with consumers facing a sharp 11.5% spike in food prices. Wholesale prices Wholesale prices remained in deflationary mode for the fourth month in a row in July, but prices of food and primary articles spiked by over 7.5%, narrowing the overall price dip sharply to -1.36% from the …

How much profit are UK supermarkets making amid the cost crisis?
1 year, 5 months ago

How much profit are UK supermarkets making amid the cost crisis?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here the PA news agency highlights how much profit …

Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates
1 year, 6 months ago

Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates

Associated Press  

NEW YORK — Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs. Thursday’s report from the Commerce Department showed that retail sales rose 0.3% from April to May, boosted by stronger sales of auto and parts dealers. The latest retail sales data follow a government report this week that consumer inflation eased …

Aldi and own brands: Figures reveal how the UK is changing its big shop
1 year, 7 months ago

Aldi and own brands: Figures reveal how the UK is changing its big shop

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Grocery price inflation dipped slightly …

Egg crisis hits as grocery price inflation soars to record 17.1%
1 year, 9 months ago

Egg crisis hits as grocery price inflation soars to record 17.1%

The Independent  

Grocery prices have sky-rocketed by a record 17.1 per cent compared to a year ago, according to new research which underlines that the cost of living crisis is far from over. Analysts at the firm looked at grocery inflation, or rising prices, in the four weeks to 19 February and found a 17.1 per cent rise when compared with the …

Grocery in UK costlier than ever as 'cost of living' crisis deepens
1 year, 9 months ago

Grocery in UK costlier than ever as 'cost of living' crisis deepens

Firstpost  

London: The grocery inflation rate in the United Kingdom reached a new record high of 17.1%, said reports based on industry data. According to Kantar Worldpanel, the cost of a family’s typical buying basket could increase by £811 per year as a result of the increase over the past 12 months. According to Kantar, the allure of less expensive own-label …

Grocery price inflation reaches record 17.1%
1 year, 9 months ago

Grocery price inflation reaches record 17.1%

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Grocery price inflation has reached …

Aldi and Lidl come for the corner shop as supermarket war engulfs the high street
1 year, 9 months ago

Aldi and Lidl come for the corner shop as supermarket war engulfs the high street

The Telegraph  

Urban expansion comes with its own unique challenges, however. A former Aldi director says: “If you think about convenience stores, this often means less space so you have to fill it more often and that means it’s more expensive to run.” Higher costs filter through into prices. Another former Aldi director believes executives will also be “considering how they can …

Retail sales jump as Americans defy inflation and rate hikes
1 year, 10 months ago

Retail sales jump as Americans defy inflation and rate hikes

Associated Press  

WASHINGTON — America’s consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy’s resilience in the face of higher prices and multiple interest rate hikes by the Federal Reserve. Wednesday’s robust retail sales figures, along with a strong January job report, …

Waitrose to invest £100m in cutting prices of own-brand groceries
1 year, 10 months ago

Waitrose to invest £100m in cutting prices of own-brand groceries

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Waitrose is to invest £100 million in cutting prices on …

Morrisons slashes prices after being eclipsed by Aldi
1 year, 11 months ago

Morrisons slashes prices after being eclipsed by Aldi

The Telegraph  

Morrisons is cutting prices on hundreds more products as it battles to tempt shoppers back through its doors after last year being eclipsed by Aldi. The grocer is this week pushing through price cuts on 820 products on its shelves, taking the total number of products that it has reduced prices on this month to more than 1,000. It comes …

Stores face questions as price of basic groceries soars by 30%
1 year, 11 months ago

Stores face questions as price of basic groceries soars by 30%

Daily Mail  

Basic groceries, such as milk, butter and cheese, are seeing price rises of up to 30 per cent – sparking suspicions of supermarket profiteering. It found food and drink inflation was at 15 per cent overall across the UK’s eight biggest supermarkets in the year to December. But the consumer watchdog said shoppers believe stores should do more to help …

Ocado set to post grocery growth in latest festive update
1 year, 11 months ago

Ocado set to post grocery growth in latest festive update

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tuesday’s update comes after two weeks of UK retail …

Tesco to face questions over consumer demand concerns despite ‘rise in sales’
2 years, 2 months ago

Tesco to face questions over consumer demand concerns despite ‘rise in sales’

The Independent  

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Food inflation hits record level as prices rise 10.6% in a year
2 years, 2 months ago

Food inflation hits record level as prices rise 10.6% in a year

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Food inflation has …

UK food prices rise at fastest rate since global financial crash
2 years, 3 months ago

UK food prices rise at fastest rate since global financial crash

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} The price of …

'Highest rate on record': Inflation in UK marts touches sky
2 years, 3 months ago

'Highest rate on record': Inflation in UK marts touches sky

Hindustan Times  

Prices in British shops rose at the highest rate since at least 2005 this month as Britons battled soaring costs on everything from gasoline to crisps. Shoppers are doing everything they can to save money at the checkout, including opting for discount supermarkets, choosing own-brand products and buying less food. Bracing for a tough time Shoppers are doing everything they …

Shop prices hit highest rate of inflation in almost 14 years
2 years, 5 months ago

Shop prices hit highest rate of inflation in almost 14 years

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shop prices have hit their highest rate of inflation in …

Shoppers face £380 jump in grocery bills this year as inflation surges
2 years, 6 months ago

Shoppers face £380 jump in grocery bills this year as inflation surges

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Retail data company Kantar said …

Retail sales rise 0.5% in March amid soaring inflation
2 years, 8 months ago

Retail sales rise 0.5% in March amid soaring inflation

Associated Press  

NEW YORK — Retail sales rose modestly in March, but higher prices for food, gasoline and other basics took a big share of consumers’ wallets. January’s increase of 4.9% was the biggest jump in spending since March 2021, when American households received a final federal stimulus check of $1,400. Matt Shay, CEO of National Retail Federation, the nation’s largest retail …

US retail sales rose 0.3% in February as high prices take a bite
2 years, 9 months ago

US retail sales rose 0.3% in February as high prices take a bite

Al Jazeera  

Many retailers are bracing for how the war in Ukraine will worsen supply shortages, with reports already surfacing of limited supplies of wheat, metals, and electronic chips. Retail sales increased 0.3 percent after registering a revised 4.9 percent jump from December to January, driven by wage gains, solid hiring and more money in banking accounts, according to the Department of …

Waitrose prices are rising three times faster than other supermarkets
2 years, 11 months ago

Waitrose prices are rising three times faster than other supermarkets

The Telegraph  

Grocery prices at Waitrose have risen more than three times faster than at other supermarkets, according to a report by Which? The consumer group tracked hundreds of thousands of grocery prices at Britain’s major supermarkets and found that a basket of goods at Waitrose rose by 9.2 per cent last year. The cheapest supermarkets, Lidl and Aldi, increased their prices …

Rising grocery prices force customers to buy less, change brands and switch stores
3 years ago

Rising grocery prices force customers to buy less, change brands and switch stores

CNN  

New York CNN Business — Morgan Moore’s grocery bills are sky-high. “We have seen some resistance” from customers to prices on premium cuts of meat, Sprouts Farmers Market CEO Jack Sinclair said on an analyst call last month. Leaders at discount grocers such as Walmart, Dollar General, Dollar Tree, Grocery Outlet, Costco and BJ’s Wholesale Club have said in recent …

America’s grocery bills are surging and there’s no relief in sight
3 years, 1 month ago

America’s grocery bills are surging and there’s no relief in sight

CNN  

New York CNN Business — You’ve probably realized that shopping for food and household basics is more expensive these days. Prices shoppers paid for groceries climbed 1% in October from September and were 5.4% higher than at the same time last year, according to data released Wednesday by the Bureau of Labor Statistics. “We continue to face accelerating levels of …

Waitrose rated worst online supermarket for fresh groceries, says Which?
3 years, 4 months ago

Waitrose rated worst online supermarket for fresh groceries, says Which?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Upmarket supermarket Waitrose has been …

Shop prices tumble sharply on back of cheaper food and clothes
3 years, 4 months ago

Shop prices tumble sharply on back of cheaper food and clothes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shoppers have seen retail prices …

Britain's grocery sales growth slows again, Nielsen says
4 years, 4 months ago

Britain's grocery sales growth slows again, Nielsen says

India Today  

Grocery sales in Britain rose 7% year-on-year in the four weeks to Aug. 8, slowing from previous weeks as shoppers began to settle into new post-COVID 19 lockdown routines, industry data showed on Tuesday. Market researcher Nielsen said the growth, though down from 10% in last month’s report, was driven by warm weather and Britons continuing to work from home, …

Lidl pledges to open one new store per week between now and Christmas
4 years, 5 months ago

Lidl pledges to open one new store per week between now and Christmas

Daily Mail  

Lidl will open one new store per week between now and Christmas, creating up to 1,000 jobs, as part of plans to expand to 1,000 supermarkets by the end of 2023. The discounter plans to open over 25 stores in the next six months, and 100 stores in 2021 and 2022, creating a further 4,000 new jobs. Expanding: Lidl plans …

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