UK consumers spent £36 million on gin in supermarkets during the week before Christmas, a 45% increase on the previous year, according to the latest retail data from global insight leader IRI (to Saturday 23 December). That equates to 2.2
he UK grocery market is set to experience 2.6% growth this Christmas, with shoppers predicted to spend £22.2bn over the festive period, according to the latest forecast from training and research charity IGD.
Retailers are holding out hopes for a last minute Christmas shopping frenzy to keep them afloat throughout 2016, say retail experts at trade credit insurer Atradius. With more positive economic news on the horizon, improving employment prospects, low inflation and a
Morrisons chief executive Dalton Philips is to leave the supermarket after five years at the helm. Philips will stay until the retailer’s year-end results in March. A search has begun for his replacement. News of Philips’ departure accompanied Morrisons’ Christmas trading update,
Tesco’s market share has increased to 30.7% in the 12 weeks to 28 November 2010, the first positive growth since May, according to the latest grocery figures from Kantar Worldpanel. But Morrisons’ share has dipped from 12.1% in November 2009