1. Department & Category

UK food & drink YoY growth figures mask real terms decline

Written by Posted on Less than 0 min read

The total food and drink market across eating in and out is forecast to finish this year at +6.6% vs 2021, with further growth for 2023 of +5%, according to new forecasts from IGD’s Eating In Vs. Eating Out report. However, when inflationary price increases are stripped out, the picture is very different – citing …

This story continues at UK food & drink YoY growth figures mask real terms decline

Or just read more coverage at Talking Retail

View Original Article
Member since
Established in 2007, TalkingRetail.com brings you the latest news, analysis and information across the UK convenience and independent grocery retail sectors. Sister publication Independent Retail News is a monthly magazine for owners of independent convenience stores. Originally launched as Independent Grocer in 1981, the magazine changed its name to Independent Retail News in 1995. It provides must-have information that helps in the day-to-day running of stores and keeps readers up-to-date with the latest news and product information. The publications are brought to you by Metropolis Business Media, which also runs a number of leading annual awards events including The Retail Industry Awards, The Quality Food Awards and The Quality Drinks Awards. These prestigious ceremonies recognize the top performers across both the independent and multiple sectors, and are judged by a highly respected and influential group of independent top industry judges. https://www.talkingretail.com/
Do you like Talking Retail's articles? Follow on social!

More from Talking Retail

  1. Trends & External Forces

Is the disposable vape ban more about votes than youth protection? Viewpoint: Lee Bryan

I am dismayed at the government’s decision to ban disposable vapes, which have been instrumental in bringing the UK’s smoking rates down and have played a key role in helping millions of adults quit and stay off cigarettes. The industry is aware of the critical… This story continues at Is the disposable vape ban more […]
< 1 min read
0
  1. Holiday & Events

Yorkshire Baking Company launches Hot Cross Bun Mega Loaf

Yorkshire Baking Company has announced a limited edition Hot Cross Bun Mega Loaf is set to hit shelves ahead of Easter celebrations.  The new addition will be available nationwide from 8 February with an RRP of £2.75.  The sharing-sized loaf is a limited version of the brand’s Mega Loves range. Inspired by the traditional hot […]
< 1 min read
0
  1. Data & Insights

Survey: More than 50% of vapers think price increase will boost black market

Following the recent announcement of a new vaping tax which will make products more expensive from October 2026, new insights from research and insights agency Opinium reveal that more than half (56%) of current vapers predict black market e-cigarette and vape sales will increase if… This story continues at Survey: More than 50% of vapers […]
< 1 min read
0
  1. CPG: Food & Bev

7Up new brand identity

7Up has launched a new brand identity inspired by its “Upliftment” message that aims to better capture the essence of the brand. The fresh visual marks the first major overhaul in over seven years and represents a design that better captures the brand identity. Eric Melis, VP global brand marketing at 7Up, commented: “The design […]
< 1 min read
0
  1. Stores & Formats

North of England retailer advances with conversion to Morrisons Daily

Yorkshire and Teesside-based retailer Stevenson Forecourts has converted a second of its three stores to Morrisons Daily. After switching its Northallerton store last year, the group added its Oxbridge store in Stockton-on-Tees in January. Managing director John Stevenson said  the group’s third store, also in… This story continues at North of England retailer advances with […]
< 1 min read
0
  1. Uncategorized

Happy Valley convenience store becomes ‘tourism hotspot’

A Nisa Local convenience store in Hebden Bridge, West Yorkshire, that featured in the hit BBC crime drama Happy Valley has become a “tourism hotspot”, according to its real-life owners. The store featured as the workplace of shop manager Neil Ackroyd, played by actor Con O’Neill. Filming for the series began in Hebden Bridge 10 […]
< 1 min read
0
  1. Stores & Formats

Asda completes £600m Co-op forecourt stores takeover

Asda has officially taken over 132 Co-op locations in a £600m deal, which was first announced in August. The Co-op stores will remain separate from Asda while the Competition and Markets Authority (CMA) carries out its enquiry into the deal. Asda has yet to release a full list of the acquired Co-op sites but it includes […]
< 1 min read
0
  1. Data & Insights

VIDEO ACS: ’10 habits of highly effective retailers’

ACS has created a new video series, ’10 habits of highly effective retailers’ featuring insights and best practice from retailers on areas such as technology, community, ability to adapt, trends and more. Start to view the 9 video series below. The first one from Aman Uppal covers two key points. 1 & 2. Become a […]
< 1 min read
0
  1. Trends & External Forces

Nisa head of retail Victoria Lockie to depart in May

The symbol group said Lockie has decided to step down from her role as head of retail as she looks to take on a new challenge. In a message to retailers, Nisa wrote: “Over the last 12 years, Vicky has held a pivotal role building… This story continues at Nisa head of retail Victoria Lockie […]
< 1 min read
0
  1. CPG: Food

Häagen-Dazs and Pierre Hermé team up for luxury macaron ice-cream collection

In a unique collaboration between luxury ice-cream maker Häagen-Dazs and world-renowned pastry chef Pierre Hermé, an exquisite new macaron ice cream range will be rolled out to grocery and wholesale in March. Available in pint and mini cup formats, there are two classic flavours; Strawberry & Raspberry and Double Chocolate Ganache. The high-profile partnership is […]
< 1 min read
0
  1. Department: Food

In focus Spring is sprung: Confectionery

With Christmas firmly behind us and New Year’s resolutions to eat more healthily already starting to crumble, consumer thoughts invariably begin to turn to spring occasions such as Valentine’s Day, Mother’s Day and Easter – all of which involve the purchase, gifting and consumption of confectionery. Easter-themed self-treat and mini eggs have already started to […]
< 1 min read
0
  1. Holiday & Events

PayPoint and the Fed partner for Park Christmas Savings

PayPoint and the Federation of Independent Retailers (the Fed) have announced a new, exclusive partnership which will see the organisations work together to create a network of over 1,500 Park Christmas Savings Super Agents over the next few months. Park Christmas Savings, now part of the PayPoint Group, is the UK’s biggest Christmas savings club, […]
< 1 min read
0
  1. Shopper & Customer

Hot Shots In focus: Hot beverages

Of the 28 million households that make up the UK consumer market, more than 24 million buy into the coffee category, according to sector analyst Kantar, making it a must-stock. But the market is no longer restricted to jars of instant. “The demand for retailers to stock a diverse range across the category has never […]
< 1 min read
0
  1. ESG

ACS launches guidance on vape recycling changes

The Association of Convenience Stores (ACS) has launched new guidance for retailers on how to provide a vape recycling service in-store. Under the new rules, which came into force at the start of 2024, all retailers who sell vapes (regardless of type of store) must… This story continues at ACS launches guidance on vape recycling […]
< 1 min read
0
  1. Channel: Dollar/Value

Lidl continues search to secure sites for new stores

Lidl GB has set out its intentions to branch out across the country as it publishes its list of priority locations for new stores. The update comes after Lidl welcomed a record number of new shoppers to its stores in 2022, as over 1.4 million switched to Lidl from other supermarkets in a bid to […]
< 1 min read
0
  1. Trends & External Forces

Expert analysts consider what the technical recession means for consumer spending

As the UK slipped into technical recession, the fall in economic output was steeper than most economists expected, with the economy barely growing over the course of last year. In light of this, analysts at Mintel have offered additional insights and debunked what that means… This story continues at Expert analysts consider what the technical […]
< 1 min read
0
  1. Shopper & Customer

PayPoint tackles shopper footfall conversion challenge

As operating costs and inflation continue to create pressure on FMCG brands and independent retailers, PayPoint said it is doubling down on its value proposition initiatives to boost sales and add further value for partners across its network of 28,000 independent retailers in the UK. In order to supercharge footfall and increase the chances of […]
< 1 min read
0
  1. Trends & External Forces

Spar NI retailer Peter McBride awarded MBE in New Year’s Honours List

Peter McBride, an independent Spar retailer, has been made an MBE (Member of the Order of the British Empire) in the New Year Honours List 2023. He has been recognised for services to the economy and the community in County Tyrone in Northern Ireland. The New Year Honours List, published by order of King Charles […]
< 1 min read
0
  1. CPG: Food

New Cadbury campaign gives independent retailers the chance to win big too

Mondelēz International is introducing a unique campaign this month, giving consumers the chance to win cash prizes for themselves and a matching cash prize to help their local independent retailer. “The Big Win-Win” on-and off-pack promotion is running from the end of February to mid-May and invites consumers to nominate their local corner shop for […]
< 1 min read
0
Next