Tesco Staff Still Paid Lower Than Minimum Wage As Supermarket Struggles
Store employees at Tesco will only receive their new hourly pay of £12.02 from 28th April, despite the National Living Wage going up to £11.44 on 1st April.
Hidden US Prison Workforce Linked To McDonalds, Aldi And Coca-Cola
A new AP investigation has tied US giants like McDonalds and Walmart to manual prison labour in Louisiana State Penitentiary.
Retail Workers Say They Are Regularly Abused By Customers
According to the charity, Retail Trust, one-third of retail workers said that they are victims of customer abuse on a weekly basis.
UK Grocery Price Inflation Hits Eight-Month Low at 9.7%
This noteworthy reduction in grocery price inflation comes after a prolonged period of 16 months where double-digit growth had become the norm.
How businesses can lower costs for consumers
Transparent communication with customers about price changes and a continuous focus on cost analysis are essential components of a comprehensive strategy to lower prices during inflation while maintaining competitiveness.
Tesco Leads the Way in Easing Food Inflation, Slashing Prices on 2,500 Products
Tesco, the UK's largest supermarket chain, revealed a substantial decline in food inflation over the past six months. The grocery giant is taking bold steps to address the concerns of its customers by slashing prices on 2,500 products, with an average reduction of 12 per cent.
Bank of England Holds Interest Rates at 5.25%
The decision to hold the rate comes after figures revealed an unexpected slowdown in inflation in August.
Waitrose and Aldi cut more prices as Britain's food inflation picture improves
Grocery price inflation has fallen to its lowest level for more than a year, causing major supermarkets to slash prices.
British berry sector facing critical challenge amidst rising production costs
The British berry sector is confronting a critical challenge as retailers fail to keep pace with growers' increasing production costs.
Operating profits in the grocery retail industry dropped by over 41%
According to CMA, competition in the UK grocery retail industry will keep price increases low, despite food and grocery costs at historically high levels.
Retail warehousing vacancy rates in the UK continue to decline
The UK retail warehousing sector is witnessing a decline in vacancy rates as retailers capitalise on the availability of second-hand items resulting from administrations and CVAs.
UK food and drink sector expected to reach £315.2 billion by 2028
The UK food and drink sector is projected to reach £315.2 billion by 2028, a 19 per cent increase from 2023, according to IGD.
Strawberry boycott leaves Spain's farmers in a jam
A German-led campaign to boycott Spanish strawberries over environmental concerns has enraged farmers and Spain's right wing, forcing a German parliamentary delegation to suspend its work Monday.
Grown Close, Sold Close - Unveiling the ups and downs of local sourcing in British supermarkets
Despite challenges, businesses are embracing local sourcing to strengthen their supply chains and align with customer preferences and environmental concerns.
How British supermarkets are coping amid inflation and cost of living crisis
In the face of the challenges facing the retail industry, British supermarkets are determined to stay ahead through the implementation of innovative strategies.
Inflation bites into profits of UK supermarket Tesco
In a bid to retain customers, Tesco is matching the prices of similar goods offered by UK supermarkets run by German discounters Aldi and Lidl.
Britain's Sainsbury's offers lower prices to loyalty card holders
Sainsbury's, Britain's second-largest supermarket group, on Tuesday began offering lower prices on more than 300 items to the 18 million members of its Nectar loyalty scheme, rivalling a similar initiative at market leader Tesco.
Outrage as Pilgrim's Food Masters threatens to 'fire and rehire' 1,000 low-paid workers
Pilgrim's Food Masters faces backlash as it threatens to fire and rehire workers under worse conditions, citing "difficult economic condition" as the reason.
Crisis in agricultural goods' availability as snow storm hits the UK in March
The shortage in agricultural goods impacting the UK is drifting to a harsh scenario as a result of the weather condition and supermarkets' policies in attaining supply.
UK grocery price inflation hits record 17.1%
British grocery inflation hit 17.1% in the four weeks to Feb.
Britain's salad crisis could last another month
Britons may face shortages of salad staples, including tomatoes, cucumbers and peppers, for up to another month, the government said on Thursday.
British supermarkets confront their German discounting demons
Britain's big supermarkets say they have never been more competitive on price, yet their customers are still flocking to German-owned discount stores Aldi and Lidl.
UK consumers bought more in Jan but overall gloom persists
British consumers unexpectedly increased their shopping in January, but the big picture remains one of weak demand from inflation-hit households relying more on discounts at retailers to make ends meet.
UK grocery price inflation surges to record 16.7% - Kantar
British grocery inflation hit a record 16.7% in the four weeks to Jan.
UK retail giant Tesco to axe over 2,000 jobs
Supermarket group Tesco, the biggest retailer in Britain, announced Tuesday plans to slash about 2,100 jobs, as sky-high inflation hikes costs.
Tesco braces for post-Christmas hangover with more deals
Britain's biggest retailer Tesco said it would focus on offering customers better value deals in January as it does not believe inflation has peaked, preparing for a tough 2023 after shoppers defied the cost of living crisis and spent big at Christmas.
Britons splurge at Christmas but retailers brace for tougher 2023
British shoppers spent freely at Christmas, piling their trolleys with party food, drink and clothing as they enjoyed the first holiday season free of COVID worries for three years, but retailers warned most will tighten their belts in 2023.
Christmas fizz prompts UK's Sainsbury's to lift profit guidance
Sainsbury's, the first listed British supermarket to update on Christmas trading, forecast full-year profit at the upper end of its guidance after shoppers spent more than expected on festive treats despite a deepening cost-of-living crisis.
UK recession to limit food retail sales growth in 2023 -NielsenIQ
Weak confidence around personal finances and a squeeze on disposable income will hold back growth in food retail sales to around 5% in 2023, according to market researcher NielsenIQ.
After Christmas relief, UK retailers face 2023 reality check
Updates next week from Britain's biggest retailers including Tesco, Sainsbury's and Marks & Spencer are expected to confirm that while Christmas was not the disaster that some had feared, consumer demand is set to weaken in 2023, denting profit.