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The Latest Breaking News from BRC

Shop price inflation easing, say top UK retailers before key meeting with MPs

British Retail Consortium says figure eased to 8.4% in June from 9% in May

The Guardian - UK

3 Air Defense Stocks to Buy for Stability

With geopolitical tensions rising, investing in air defense stocks has become attractive for those looking to capitalize on the growing demand for military technology and security. Thus, one could consider buying the shares of Lockheed Martin Corp. (LMT), General Dynamics Corp. (GD), and Brady Corp. (BRC), which have proven to…

StockNews.com

Hard-pressed UK shoppers feel food ‘shrinkflation’

Consumers increasingly claim that manufacturers are reducing the size of products, Barclays research finds

The Guardian - UK

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Supermarket remains third cheapest behind Lidl and Aldi as retailers hike price of same budget essential

Three retailers have increased the price of the same item by 7% in the last week

Manchester Evening News

Cost of living: is shoplifting on the rise?

Supermarkets are responding to a rise in shoplifting by putting empty coffee jars on the shelves, limiting the number of steaks on view and adding security tags to everyday items such as milk.

The Week

‘One guy uses us like a larder’: the British shoplifting crisis – as seen from the tills

In Britain, shop thefts have more than doubled in the past six years, reaching 8m in 2022. We spent a day talking to shopkeepers in Manchester, where raids on the shelves are a regular occurrence

The Guardian - UK

Huge price increase means ‘dummy’ coffee jars are appearing in supermarkets

Cost of instant coffee has risen by some 13 per cent over past year

The Independent UK

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Food price rises may have FINALLY peaked in glimmer of hope for shoppers

The price of groceries went up by 15.4% in the year to May, down from 15.7% in April, according to the latest British Retail Consortium and NielsenIQ inflation tracker

Daily Mirror

Nvidia becomes world’s first chipmaker worth more than $1tn – as it happened

The AI boom is driving demand for chips from manufacturers like Nvidia, which has seen its share price soar

The Guardian - UK

Eyewatering rise in food prices might be starting to slow down

Food inflation fell to 15.4% in the year to May, according to a survey

Manchester Evening News

Food inflation slows to 15.4% in May after April record, survey suggests

May data is still the second fastest annual increase the BRC has ever measured, it said

The Independent UK

UK food inflation dips in May, raising hopes rate of price growth is slowing

British Retail Consortium says rate fell from 15.7% to 15.4% even as rise in overall shop price growth hits fresh high

The Guardian - UK

Food inflation slows in May after April record, survey suggests

Food inflation fell to 15.4% in the year to May, according to a survey by the British Retail Consortium and Nielsen.

The Independent UK

Alan Phillips obituary

Human rights adviser who in the 1970s proposed that aid to Chile should be reallocated to support humanitarian programmes

The Guardian - UK

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The Guardian - UK

Ministers call for immigration and UK food prices to increase

Exclusive: Sunak urged to take urgent action to solve food crisis at meeting with Defra and farmers

The Guardian - UK

UK supermarkets face calls for ‘profiteering’ investigation as inflation soars

Lib Dem leader calls for watchdog to probe reports of big retailers and food multinationals inflating markups

The Guardian - UK

UK households turn to TV subscriptions as they cut back on nights out

Consumers reduce spending on groceries, clothes and eating out as they seek to balance budgets

Bangkok Post

BJC introduces restructuring programme

Berli Jucker (BJC), the SET-listed consumer goods manufacturer and owner of Big C Supercenter, has announced a business restructuring plan that separates its portfolio into retail, wholesale, production, imports and exports of consumer products.

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The Guardian - UK

‘Sour taste’ as cost of sugar hits Easter eggs and hot cross buns, say UK retailers

British Retail Consortium blames rising price of butter, eggs and cocoa, as food inflation hits record 15%

The Independent UK

Increasing cost of sugar drives shop prices to record in March

Shop prices are now 8.9% higher than they were a year ago, according to the BRC-NielsenIQ Shop Price Index.

The Guardian - UK

UK shoppers slash spending as price rises and energy bills bite

February figures from BRC highlight impact of cost of living crisis on British economy before budget

The Independent UK

Retail sales hold up better than expected in February

Total UK retail sales were up 5.2% in February against an increase of 6.7% last year, according to the BRC-KPMG Retail Sales Monitor.

Wales Online

Violent and abusive attacks on retail staff double to 850 a day

Senior police officers have said they fear the anti-social behaviour is becoming “normalised”

The Independent UK

Calls for more police action as violence and abuse towards retail staff doubles

Last year, 100 retail cheif executives wrote to 41 Police and Crime Commissioners to report their concern for the rise in crime.

The Independent UK

Shop prices hit record high – again – and show no signs of falling

Food prices continue to rise despite overall inflation cooling in recent months

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