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News
UK shop price inflation hits two-year high in August
59+ min ago (286+ words) UK shop price inflation climbed to its highest level in two years in August, driven by higher energy, input, and commodity costs. According to figures from… According to figures from the British Retail Consortium (BRC), overall shop prices increased by…...
Iceland Foods strikes deal with Lotte Mart for South Korea expansion
1+ week, 19+ hour ago (299+ words) Iceland Foods has teamed up with a supermarket chain in South Korea to operate concessions in the country. From this summer, shoppers at 45 Lotte Mart… From this summer, shoppers at 45 Lotte Mart stores will be able to choose from a…...
Sainsbury’s to increase hourly pay by 5% from March
7+ mon, 2+ day ago (349+ words) Retail Bulletin Sainsbury’s is increasing pay for hourly paid colleagues by 5% from March. The move means pay will rise to £13.23 per hour nationally and £14.54 per… View Article Sainsbury’s to increase hourly pay by 5% from March The move means pay will…...
Sainsbury’s raises full year profit outlook after better than expected first half | Retail Bulletin
9+ mon, 3+ week ago (246+ words) Sainsbury’s has upped its guidance for full year profit after a better than expected performance in its first half. In the 28 weeks to 13 September, Sainsbury’s reported a 5.2% increase in sales (excluding fuel), helped by grocery sales growth of 5.3%. Argos and…...
Aldi to strengthen Scottish business with £43 million investment
8+ mon, 2+ day ago (263+ words) Aldi is to invest more than £43 million in its Scottish business over the next two years. The investment will include the opening of two new stores in Bishopbriggs and Dumbarton in 2026. In addition, the retailer has committed to extending its…...
Consumer confidence falls in September as new figures show retail sales edged up in August | Retail Bulletin
11+ mon, 1+ week ago (256+ words) Consumer confidence has declined in September as people look ahead to expected tax rises in November. GfK’s long-running Consumer Confidence Index has decreased by two points to -19 with all measures falling. While the forecast for personal finances over the next…...