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  • September Consumer Confidence Index falls two points

    September Consumer Confidence Index falls two points

    GfK’s Consumer Confidence Index decreased by two points in September to -1, with four of the five measures used to calculate the Index Score seeing a fall. Nick Moon, managing director of social research at GfK said: “Last month, I speculated that we may be in a new period of stasis for the index, and this [...]

    📅September 30, 2014

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  • Retail Industry Awards 2014 – winners announced

    Retail Industry Awards 2014 – winners announced

    Sainsbury’s scooped five awards at last night’s Retail Industry Awards 2013, held at London’s five-star Grosvenor House hotel on Park Lane. Sainsbury’s won the Convenience Retailer of the Year title, along with awards for Seafood Retailer of the Year, Training Initiative of the Year, Store Manager of the Year and Drinks Retailer of the Year (multiple). The [...]

    📅September 30, 2014

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  • Tesco cuts fuel prices by up to 5p per litre

    Tesco cuts fuel prices by up to 5p per litre

    Tesco has announced that it is cutting the cost of petrol and diesel by up to 5p per litre at all of its petrol stations from today (Tuesday). The retailer said the price cut is in addition to savings customers can make through its Fuel Save scheme, which can be worth up to 20p-off per litre. Tesco [...]

    📅September 30, 2014

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  • Aldi sales rise 36% in 2013

    Aldi sales rise 36% in 2013

    Aldi has announced that sales increased 35.7% to £5.27bn last year, while pre-tax profits jumped 65%. The discount retailer also revealed that its average basket size of 17 items has grown to the second largest in the UK, trailing Asda's 18.8 items. Matthew Barnes, group managing director of Aldi said: “We have actually seen stronger growth in [...]

    📅September 29, 2014

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  • Food retailers competing on customer service, not just price

    Food retailers competing on customer service, not just price

    According to the Institute of Customer Service’s UK Customer Satisfaction Index (UKCSI), food sector retailers are looking to win the loyalty of customers by balancing good customer service with competitive pricing. The study found that retail food was the second-highest scoring of the 13 sectors included in the report. Food retailers scored an average of 80.9 [...]

    📅September 29, 2014

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  • Global retail sales showing solid growth – MasterCard

    Global retail sales showing solid growth – MasterCard

    According to latest figures from MasterCard Advisors’ SpendingPulse, a macro-economic report tracking global retail sales, the trend for retail is steady growth, particularly in the UK and North America. The data shows that the UK and Canada grew by 4% year-on-year in August after a mild slowdown in July, while the US posted an August growth [...]

    📅September 29, 2014

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