Tesco’s sales fall 1.5% as inflation impacts consumer behaviour
Spending might be rising in Tesco’s smaller stores, but it is down slightly in supermarkets and more significantly online in signs that inflation is taking its toll on weary UK consumers. Overall, Tesco reported that sales overall fell by 1.5% in the first quarter of 2022 with the consumer pinch growing as they seek out […]
Sainsbury’s determined to keep prices low, but inflation and Ukraine are clear obstacles
In its annual release of data to shareholders, colleagues and customers, Sainsbury’s accentuated many of the positives from the past year – its strong grocery sales (although flat compared with 2020-21), its push to be more sustainable, and its comparative value in a crowded market. However, the future looks very much uncertain for the retailer […]
How high inflation might impact table grape markets
The high rate of inflation has become a major talking point over the last few months, with the prices of goods and services rising rapidly in major global economies. The Grape Reporter spoke with two experts from the US and the UK to get their views on how this could impact table grape sales in […]