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The Guide 2015
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  • Convenience store growth continues

    Convenience store growth continues

    Store numbers are continuing to grow in the convenience channel, according to new research by IGD Retail Analysis and William Reed Business Media. The research showed that the fastest growing segment in the last year was multiple retailers, with 401 new stores. Tesco-owned One Stop saw the biggest rise, adding 109 stores. Independent store numbers saw a [...]

    📅May 22, 2015

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  • Warm weather boosts sales at Waitrose

    Warm weather boosts sales at Waitrose

    Waitrose said sales in its stores were up 0.3% on last year, with warmer weather boosting sales in outside dining and gardening categories. The retailer said sales of outdoor plants were up 45% last week, British cut flowers up 22%, while its ‘grow your own’ range of fruit, vegetables and herbs were up more than 100%. Food-to-go [...]

    📅May 22, 2015

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  • NFRN hails new EU regulations for fairer card fees

    NFRN hails new EU regulations for fairer card fees

    The National Federation of Retail Newsagents (NFRN) said it is "delighted" at news that the European Union has adopted new regulations to cap fees for payments made with debit and credit cards. Interchange fees are charged by a cardholder's bank to a retailer's bank every time a consumer makes a card-based purchase. Under the new regulations, [...]

    📅May 22, 2015

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  • Booker to buy Londis and Budgens for £40m

    Booker to buy Londis and Budgens for £40m

    Food wholesaler Booker Group has announced that it has agreed to buy the Londis and Budgens retail chains in a deal worth £40m. The Londis symbol chain includes 1,630 convenience stores with sales of close to £504m in 2014, while Budgens includes 167 stores, with sales of £329m. Booker said a sale and purchase agreement has been signed with [...]

    📅May 21, 2015

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  • Markit Household Finance Index sees May increase

    Markit Household Finance Index sees May increase

    Markit’s Household Finance Index (HFI) – measuring households’ overall perceptions of financial wellbeing – posted 45.8 in May, up from 45.7 in April. Philip Leake, economist at Markit, said: "The strain on UK household finances remained mild in the context of post-recession data during May, continuing the trend observed so far in 2015. Labour market improvements [...]

    📅May 21, 2015

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  • April dip for Scottish retail sales

    April dip for Scottish retail sales

    According to latest figures from the Scottish Retail Consortium (SRC), total Scottish retail sales in April were down 2.9% on last year. Like-for-like sales fell 3.4% on last April, with total sales increasing 1.9% in real terms, taking account of shop price deflation. Total food sales were 4.6% down on last year, while non-food sales fell [...]

    📅May 21, 2015

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  • Booker posts annual sales rise

    Booker posts annual sales rise

    Food wholesaler Booker has reported a 1.57% rise in total sales for the year to 27 March. Like-for-like sales (excl Makro) were up 2.3%, while operating profit rose 17% to £140.3m. Non-tobacco sales (excl Makro) rose by 2.9% and tobacco sales were up 1.1%. The company also announced today that it has agreed to buy the Londis [...]

    📅May 21, 2015

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  • M&S profits rise – Analyst reaction

    M&S profits rise – Analyst reaction

    Retail analysts have been responding to the news that pre-tax profits at Marks and Spencer (M&S) rose for the first time in four years. Phil Dorrell of the retail consultancy Retail Remedy said: "Food remains the hero of the piece, but these results at least hint that M&S is returning to what it should be - a clothing [...]

    📅May 20, 2015

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  • Food sales lift M&S profits

    Food sales lift M&S profits

    Marks and Spencer (M&S) said pre-tax profits rose 6.1% to £661.2m for the year to 28 March, the company's first profit rise in four years. The retailer said its food division had an "outstanding" year. It opened 62 new Simply Food stores during the period, with performance "ahead of expectations". On a like-for-like basis, food sales rose [...]

    📅May 20, 2015

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  • Asda Q1 sales fall 3.9%

    Asda Q1 sales fall 3.9%

    Asda has posted a 3.9% fall in like-for-like sales for the 15 weeks to 19 April, in what chief executive Andy Clarke describes as the "most challenging year yet" for UK supermarkets. The retailer said changes in consumer spending habits coupled with supermarket price wars and deflation meant the market remains "turbulent". Asda president and chief executive [...]

    📅May 20, 2015

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