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Retailprices increased 4.8 per cent through the year to the June quarter with the largest price rises seen in food and household goods. “On On a quarterly basis, overall retailprice growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens. “On per cent price growth.”.
The retailer has refurbished three models of returned HD LED Smart Shop and Polaroid TVs at its electrical returns centre using recycled materials, with three sizes available, including a 32”, 40” and 50”. Asda is to sell refurbished TVs in its stores as it looks to provide customers with more affordable technology.
Lidl has become the first supermarket chain to initiate a bottle return scheme trial, debuting in Glasgow. Customers participating in the scheme are rewarded with 5p for every eligible container returned. The Lidl Return Scheme trial will run from 8th February 2024 to 11th August 2024 at participating Glasgow stores.
HortNZ CEO Nadine Tunley said greater transparency would enable consumers to understand better the price they pay for New Zealand-grown fruit and vegetables. Pointing out that grower returns have not increased for at least 10 years, she said retailprices and costs – labour, freight and compliance – have steadily increased. “In
At first, it seemed like Asia might get off lightly – most governments and professional economic forecasters in the region said so – but cost of living pressures are rising across the continent, with food, energy, rent and labour costs now all key drivers of retailprice inflation. per cent, department stores were up 42.8 per cent.
Unions have warned supermarket giant Tesco that it faces disruption at its stores as workers take industrial action at distribution centres just ahead of Christmas. But the retailer said it was confident it could keep the shelves fully stocked and “fulfil our plans” despite the action by the Unite and Usdaw unions.
Warehouse workers and drivers employed by supermarket giant Tesco are to stage a series of strikes in the coming weeks in a dispute over pay. The union said the company had offered a 4% pay rise, describing it as “well below” the current retailprice index (RPI) inflation rate of 6%.
The part about discounted prices is obvious. Yet, as I wrote in another recent feature for Inside Retail , price is only one part of the value equation for consumers. Going back to the same supermarket and buying the same brand of milk means your brain doesn’t have to make those decisions again.
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