Shoppers across UK see spending power increase again, topping pre-COVID numbers
Families across the UK are doing better financially than they were prior to the COVID-19 pandemic, according to a new report released by supermarket chain Asda. Households from London to Scotland and the East Midlands are enjoying a double-digit growth in disposable income as inflation continues to remain low at 1.7%. In fact, Asda’s quarterly […]
Shoppers still seeking deals as grocery inflation rises for first time since March 2023
Grocery inflation increased slightly during the four-week period leading up to 4 August, but experts at Kantar International say it is not significant enough to spark concern. Though the jump from 1.6% to 1.8% marks the first time in nearly 18 months that grocery inflation has risen, the current rate is close to levels seen […]
Survey: Consumers have a more ‘positive opinion’ of Aldi, Lidl than other UK supermarkets
It’s no wonder that UK shoppers have an affinity for shopping at discount supermarket chains. They are often far less costly than their rivals, key when incomes are barely moving forward and prices remain high on other essentials. How much cheaper on an average shop? Try £32.60. That was the difference between prices on an […]
Easing of grocery inflation emboldens UK shoppers, but will it continue under Starmer?
Grocery market inflation in the UK has tumbled to 1.6%, the lowest level it has been in nearly three years, according to newly released data from Kantar Worldpanel. That easing has helped spur on foot traffic to supermarkets. In the past month, consumers have increased their trips to shops by 2% and spent more on […]
How UK retailers are responding to rising demand for online supermarket shopping
The numbers of consumers turning to online shopping during the first year of the COVID-19 pandemic was not surprising given lockdowns throughout the UK. However, once the nation fully opened up, it would have been natural for online orders to ebb. That hasn’t happened. Asda reported this week that its online grocery sales last year […]
Asda: All UK supermarket shoppers are seeing income gains, but one group is still struggling
Consumers have more spending power at grocery stores than last year, thanks to rising income levels decelerating inflation. In fact, Asda’s most recent Income Tracker showed that average families are earning £31.33 per week more than they did a year ago. Their take-home pay, a more than 15% boost year over year, is the best […]
Embracing the Green Wave: Avocado Consumption on the Rise Across UK, Europe
While last year posed challenges for the fresh food industry amidst economic uncertainty and the cost-of-living crisis, the avocado industry continued to show positive growth across Europe. Last year saw a notable increase in avocado consumption across Europe, with the UK securing its position as the joint second-largest consumer alongside Germany, each consuming around 121,000 […]
Waitrose commits to ‘Good Health’ by slashing prices again on fresh vegetables, meats
Britain supermarket price wars are continuing into spring of 2024, with Sainsbury’s cutting prices on 1,000 items and Waitrose reducing the cost of 200 items including fresh vegetables. The major announcement by Sainsbury’s, however, only hinted that it would include “favourite branded products.” The chain didn’t not reveal much more than that and whether those […]
