Blog: Official UK figures reveal snow's impact on food sales
Dean Best | 21 January 2011
UK retailers last week gave an indication of how the cold weather last month had hit food sales in the run-up to Christmas - Marks and Spencer boss Marc Bolland said the snow had reduced the retailer's grocery sales by GBP10-15m.
Today (21 December), however, came official evidence of the impact of the big freeze on the sector.
Data from the Office for National Statistics claimed that food stores saw their sales fall 3.4% - the lowest since the figures were first released in 1988.
Kate Davies, statistician for the ONS's retail sales inquiry, said: "This is the 11th consecutive fall in food store sales and the lowest on record. One factor to blame was that December 2010 was the coldest December in 100 years. Another factor was a five per cent rise in prices of goods sold at food stores. In comparison the latest Consumer Price Index (CPI), announced two days ago, rose by 3.7%."
Today (23 December) is just-food's last day before closing for Christmas. We'll return, raring to go on Tuesday 3 January - but of course there's been plenty of top-notch content that has gone live in...
The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...
- 2017: three major drivers of M&A strategy
- Comment: Premier has more to ponder than Brexit
- The food market in 2017 - consumer trends and M&A
- Trump seen as negative for global food trade
- Analysis: B&G Foods balancing growth and decline
- Premier Foods issues profit warning
- Nestle mum on Mead Johnson takeover talk
- Mondelez sells Vegemite to Bega
- Kellogg to slash 250 jobs
- Emmi to buy dessert maker Italian Fresh Foods