So far, sales of everything from luxury goods to laundry detergent have been better than expected. But cracks are already emerging in demand — and these are set to intensify as winter draws in.
There's no escaping the fact that, up to now, customers of the big consumer goods groups have been remarkably resilient.
Are shoppers really cutting back on quality skincare items? | Mint Lounge
Sainsbury's Nectar credit card will earn you less points from next week
Sainsbury’s Nectar credit cardholders may want to get the big shop done pronto, as from next week they will no longer be able to earn two Nectar points for every £1 spent at stores.
As of Wednesday 1 November, cardholders will receive one Nectar point for each full £2 spent at Sainsbury’s, Argos, Habitat and Tu Clothing. Effectively halving the number of Nectar points you can earn with everyday spending.
Bleak UK shopping and borrowing data underscore challenge for new PM | Hellenic Shipping News ...
Data published on Friday added to signs that Britain’s economy faces a recession which could be deepened by new finance minister Jeremy Hunt’s plans to stem a crisis in financial markets after the brief term of Prime Minister Liz Truss.
Retail sales volumes fell by 1.4% from August – almost three times the 0.5% fall in a Reuters poll of economists – taking them below their pre-coronavirus pandemic level.
Focus On Cheese: 26 November | Feature Synopsis | The Grocer
With prices rising on the humble cheddar block and its more exotic peers, it's little surprise that British shoppers are buying less cheese. Volumes are down overall, though own label is enjoying an increase to its category share, and discounters are cleaning up.
Pricing: Cheese prices have leapt up across every different type, and promotional sales are down. How reflective is this of input costs? And how is it affecting tiering?
U.S. economy grew 2.6% in the third quarter, rebounding on trade but consumer spending slows https://t.co/0rOrBveVA3 https://t.co/jOrpct6Igi Reuters (from Around the world) Thu Oct 27 12:39:37 +0000 2022
Consumer spending drove a bigger than expected gain in Q3 GDP. People still have money spend, which is supporting t… https://t.co/oaRlU945s1 lisaabramowicz1 (from New York) Thu Oct 27 12:59:20 +0000 2022
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