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Economy
UK consumers feeling cost-of-living more than EU counterparts, EY finds
Cost-of-living pressures have affected UK consumers more than their European counterparts, according to the latest EY UK Future Consumer Index.…
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Technology
Boots among companies hit by cyber attack
Boots is one of a number of major companies including the BBC and British Airways that has been bit by…
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Clothing & Shoes
Asos faced £1bn takeover bid from Alibaba-backed retailer
Asos reportedly faced a £1bn takeover offer from Turkish online retailer Trendyol in December of last year. According to The…
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Online & Digital
Amazon UK tax bill rises to £781m
Amazon has reportedly paid £781m of tax in the UK last year despite its main UK division having paid no…
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Sport & Leisure
Nike appoints new Converse CEO
Nike has announced that Jared Carver will succeed Scott Uzzell as the new president and CEO of Converse, effective 1…
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Supermarkets
UK supermarkets see sales up 12.3% in May
UK supermarkets experienced a 12.3% uplift in total till sales over the last four weeks ending 20 May 2023, up…
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Supermarkets
Sainsbury’s moves own brands under Stamford Street range
Sainsbury’s has announced it has combined all of its own-label value ranges under one brand – Stamford Street. Named after…
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High Street
Jeroboams to open tenth location
Jeroboams, London’s local wine merchant, has signed to open a new store at 336 King’s Road, marking its tenth location…
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Comment
Finding the affordability niche in the market and supporting consumers through the cost of living crisis
The FMCG market is evolving as the cost of living and inflation take hold, and it’s having a huge impact…
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Economy
Inflation falls to 8.7% in April
Inflation has fallen to 8.7% in April, marking the first time it has been in single digits since last summer,…
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