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4 days ago | 
grocerygazette.co.uk | Abigail Thakadu
Unilever has acquired men’s personal care brand Dr Squatch from Summit Partners, as a move to strengthen its portfolio of high-end personal care and beauty products. The acquisition was made for an undisclosed sum and is expected to be complete in the latter half of the year. Dr Squatch was founded as a direct to consumer (DTC) brand in 2013. It offers a range of personal care products, including soaps, body washes, deodorants, hair care, skin care and other men’s grooming products.
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5 days ago | 
grocerygazette.co.uk | Abigail Thakadu
Warmer temperatures led to lower retail footfall over last weekend as shoppers shifted towards coastal areas and outdoor spaces amid the heatwave according to data from MRI Software. Footfall in retail parks and shopping centres went down by 1.3% and 1.5% respectively due to increased temperatures and changing weather across the UK in the last week.
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5 days ago | 
grocerygazette.co.uk | Abigail Thakadu
UK households are slowing down their spending amid the cost-of-living crisis. May marks the fifth consecutive month of decreased spending power growth, according to figures from the Asda Income Tracker. In May, overall discretionary income increased year-on-year by 3.5% to £9.19 per week, marking the third consecutive month of annual growth remaining below double digits. However, discretionary income dropped by 4.5% month-on-month from April.
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5 days ago | 
grocerygazette.co.uk | Abigail Thakadu
Sainsbury’s saw its sales rise as warmer temperatures drove increased consumer demand for summer products. According to Kantar figures, the supermarket retailer reported a 4.7% increase in sales over a 12-week period to 18 May, fuelled by purchases of summer goods. Data from The Times also revealed that demand for seasonal staple products, including ice cream, bags of ice, barbecue meat and rosé wine, skyrocketed over the period between 8 and 14 June.
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5 days ago | 
grocerygazette.co.uk | Abigail Thakadu
Craft beer company BrewDog is tapping into the trend of reduced alcohol consumption by introducing a lower-alcohol-by-volume version of its popular Hazy Jane beer. The new Baby Hazy drink is now available on Sainsbury’s shelves, and also on the company’s e-commerce platform and at BrewDog bars. The new beer comes in 3% ABV with Krush, Talus, and Citra versions available.
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1 week ago | 
grocerygazette.co.uk | Abigail Thakadu
Sainsbury’s has quietly hiked the price of its meal deal, which offers a main meal item, side and drink from £3.75 to £3.95. The supermarket retailer raised its prices across its stores earlier this week, leaving some customers frustrated. The move marks the second price hike in under a year, with the price being increased by 25p in July 2024 from £3.50 to £3.75. However, its premium meal deal has remained priced at £5 since its initial launch in 2022.
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1 week ago | 
buff.ly | Abigail Thakadu
Sainsbury’s has quietly hiked the price of its meal deal, which offers a main meal item, side and drink from £3.75 to £3.95. The supermarket retailer raised its prices across its stores earlier this week, leaving some customers frustrated. The move marks the second price hike in under a year, with the price being increased by 25p in July 2024 from £3.50 to £3.75. However, its premium meal deal has remained priced at £5 since its initial launch in 2022.
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1 week ago | 
grocerygazette.co.uk | Abigail Thakadu
Co-op has secured a £350 million lending agreement to fund its sustainability and social impact goals. The convenience retailer is set to receive financial support from six banks, including HSBC UK, Barclays, ING, Lloyds, NatWest and Rabobank, to achieve its goals. According to Co-op stated the new funding agreement shows “strong market confidence in the group’s resilience and performance” and will be used to progress its commercial and social goals.
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1 week ago | 
buff.ly | Abigail Thakadu
Co-op has secured a £350 million lending agreement to fund its sustainability and social impact goals. The convenience retailer is set to receive financial support from six banks, including HSBC UK, Barclays, ING, Lloyds, NatWest and Rabobank, to achieve its goals. According to Co-op stated the new funding agreement shows “strong market confidence in the group’s resilience and performance” and will be used to progress its commercial and social goals.
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1 week ago | 
grocerygazette.co.uk | Abigail Thakadu
Branding rewards platform Jisp has underlined the importance of loyalty programmes in reducing retail crime and increasing safety for staff members and customers. Retail crime has increased across the UK, with a survey from the British Retail Consortium released in January revealing that in-store theft cost retailers £2.2bn in 2023/24. This was a £1.8bn jump from the previous year, indicating that the retail sector has to rethink its current strategies to deal with the mounting pressure of theft.
