Inflation
This coverage explores how inflation impacts the UK petcare industry, from rising supply chain costs to shifts in consumer spending. Pet Gazette reports on price trends, cost pressures for retailers and wholesalers, and strategies businesses are using to protect margins and maintain competitiveness. Coverage includes economic analysis, expert commentary, and case studies showing how inflation affects product pricing, sourcing, distribution, and overall market performance across the pet retail and supply sectors.
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Sep- 2017 -5 SeptemberCurrent Affairs
August sees retail sales increase
In August, UK retail sales increased by 1.3 percent on a like-for-like basis from August 2016, according to the BRC. On a total basis, sales rose 2.4 percent in August, against a decline of 0.3 percent in August 2016, which had been the poorest performance of the year. This is…
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Aug- 2017 -18 AugustCurrent Affairs
Retail sales increase by 0.3%
Retail sales increased by 0.3 percent in July 2017, compared with the previous month, according to the Office of National Statistics. This was due to strong sales in food stores at 1.5 percent; recovering from a fall of 1.1 percent in June 2017. The underlying pattern in the quantity bought, measured…
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Jul- 2017 -28 JulyCurrent Affairs
Summer sunshine boosts retail sales
Retail sales growth picked up in the year to July, exceeding expectations for minimal growth, according to the latest monthly CBI Distributive Trades Survey. The survey of 111 firms, of which 57 were retailers, showed that the volume of sales grew at a healthy pace – driven by grocery and…
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Jun- 2017 -30 JuneCurrent Affairs
Significant rise in business confidence
Overall business confidence has risen significantly since the start of the year, according to Lloyds Bank. The latest Business in Britain report from Lloyds Bank, based on data gathered after the snap election was called, showed that the confidence level had increased by 24 percent. The confidence index – an average of respondents’…
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13 JuneCurrent Affairs
Small firms ‘squeezed’ by inflationary pressure, says FSB
The Consumer Prices Index (CPI) remains above the Government’s 2 percent target. The CPI is a measure that examines the weighted average of prices of a basket of consumer goods and services. Its 12-month rate rose to 2.9 percent in May 2017, up from 2.7 percent in April, reported the Office for…
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7 JuneCurrent Affairs
Businesses unable to cope with interest increases, research shows
One in 25 businesses would be unable to pay off its debts if the interest rates were to increase, research from insolvency trade body R3 has shown. Some 79,000 (4%) UK companies said that a small increase would affect them financially, almost a quadrupling (20,000) of figures from previous research…
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May- 2017 -24 MayIndustry News
Online sales slow according to new data
Year-on-year internet sales growth has slowed and fallen below the long-run average, according to the latest CBI Quarterly Distributive Trades Survey. Retail sales were broadly flat in the year to May following strong growth in April. The survey of 117 respondents also found that orders placed with suppliers fell modestly…
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Apr- 2017 -21 AprilCurrent Affairs
UK retail sales drop as inflation rises
UK retail sales dropped by 1.8% in March marking the largest year on year decline since 2010 and exceeding economists’ predictions of a 0.5% decline. Coinciding with the rise of inflation, the volume of goods sold in store and online fell 1.4% in the first quarter of the year. The…
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10 AprilIndustry News
Retail footfall expected to grow 5.4% over Easter weekend
Retail footfall in the UK is set to increase 5.4 percent over the Easter weekend, according to retail expert Springboard. The prediction comes after March retail footfall results showed there was a year-on-year increase of 1.2 percent. This increase broke the six-month consecutive decline. The projected increase was said to…
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7 AprilIndustry News
UK retailers fail to lift sales despite higher footfall
Despite a positive footfall level for March, UK retailers failed to grow sales. According to BDO’s High Street Sales Tracker (HSST), UK retailers have failed to grow sales for the fourth month in a row, with like-for-like sales flat (0 percent) in March despite warmer weather and Mother’s day seeing…
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