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The Latest Breaking News from NIQ

Own-label groceries are flying off the shelves as hard-pressed Brits feel the pinch

Market research group NIQ found own-labels now account for 63% of all packaged consumer goods – up from 62.1% last year

Daily Mirror

Has the vegan bubble burst? Sales stagnate in UK as brands withdraw plant-based products

Oatly, Nestlé and Innocent Drinks are among those withdrawing products from shelves as market shows signs of slowing down

The Guardian - UK

Almost 4,600 hospitality firms close in year as energy bills rocket – figures

Restaurants suffered a particularly damaging year, with the number of licensed restaurants shrinking by 7.8% over the year.

The Independent UK

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Family-run pubs remain exposed after London hit hardest by Covid closures

London landlords are facing the end of government support and are hoping for drinkers to keep coming back to the pub

Evening Standard

Revealed: The great Brexit pubs and clubs shutdown

Number of hospitality venue closures soars six-fold in a year - triggered by EU staff shortages

The Independent UK

nCino Analysts Cheer Q2 Beat Amid Uncertain Macros

nCino, Inc (NASDAQ:NCNO) reported Q2 revenues of $99.6 million, up 50% Y/Y, beating the consensus. Adjusted EPS loss of $(0.04) surpassed the consensus. KeyBanc analyst Josh Beck maintained an Overweight and lowered the price target from $40 to $35. nCino reported solid results similar to the adjusted prior-quarter result driven by a potent mix of go-lives,…

Benzinga

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