UK retail sales increased by 3.2% on a like-for-like basis from March 2014, when they had decreased 1.7% on the preceding year. On a total basis, sales were up 4.7%, against a 0.3% fall in March 2014. Adjusted for the BRC-Nielsen Shop Price ...
Tags: UK retail sales, retail sales
The company has been providing around €3m of packaging to the Irish market, serviced from the company’s three UK manufacturing sites. ICS Europaks will be run as a stand alone unit within the Rigid Containers Group, and expands ...
Tags: Irish market, ICS Europaks, Packaging
A spokesperson for Sainsbury’s confirmed to Packaging News the scheme would go ahead and reports have suggested more stores were slated to provide the facility this year – may be up to 400 outlets could offer the service. Last ...
Tags: Sainsbury, Christmas cards, Packaging
The cases, muffin wraps and printed greaseproof paper producer’s newly formed division is being spearheaded by Phil Brooks as national sales manager. Chevler said it will offer a full range of siliconised greaseproof, greaseproof, ...
Tags: Muffin wraps, Greaseproof paper, Packaging
Last week, Closed Loop Recycling, the biggest recycler of plastic milk bottles, said that it was on the brink of administration. The move was blamed on the drop in the price of oil and that its customers wanted to buy recycled plastic but ...
Tags: Dairy Crest, Dow, Packaging
George Osborne has delivered his sixth Budget, and the last of the current Parliament. The key points are as follows: Economy The UK grew 2.6% in 2014, faster than any other advanced economy but lower than 3% predicted in December ...
Tags: George Osborne, Sixth Budget
Big Trouble Malting and Spirits will open a new malting facility and craft distillery in the city of Petersburg, in the US state of Virginia. As part of its plans, the company will invest in site improvements, equipment, and new building ...
Tags: Agriculture, Food
Footfall in January was 1.2% lower than a year ago, down on the 0.7% fall in December. Shopping centres reported the largest decline, falling 2.8%, while high streets experienced a 1.6% decline in footfall, up on the 1.8% fall in December. ...
Tags: Consumer Confidence, Footfall
Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as U.S. equities weakened and the dollar fell. The most active gold contract for April delivery rose 6.9 U.S. dollars, or 0.56 percent, to settle at ...
Tags: Gold futures, Physical demand
Big complex banks must now hold far more capital than in the past because they are seen as posing higher economic risks and they have to be easier to dismantle if they hit trouble. That has hurt their profitability and held back share ...
Tags: Big complex banks, soft trading
Due to the euro zone, Japan and some emerging economies disappointing economic prospects, offset by a drop in oil prices brought the global economy, the World Bank cut down global economic growth forecasts on January 13, 2015 and 2016. ...
Tags: Economy, Global Economy
The University of Michigan preliminary consumer sentiment index for January rose to an 11-year high of 98.2, helped by a strengthening job market and lower fuel costs. The preliminary reading was the highest since January 2004, and up ...
Tags: job market, fuel costs, Sporting Goods
Russian GDP contracted by 0.5% in November and it is the first economy contract since 2009. According the data from Russian Economic Development Ministry, Russian GDP falls 0.5% in November and increases by 0.6% in the past 11 months. ...
Tags: Russian GDP, energy exports
Most of the traditional January or Boxing Day sales now start online before Christmas, even before you've had a chance to pull a cracker. Retailers are not obliged to give you a refund or an exchange if you simply decide you don??t want ...
Tags: Boxing Day, Christmas
Russia's central bank failed to stem a further dramatic fall in the rouble on Thursday despite raising the headline interest rate to 10.5%. The central bank, which has used billions of dollars worth of foreign reserves in a desperate ...
Tags: Russia's Central Bank, ruble