Supermarkets
Supermarkets examines the strategies, performance, and operational challenges facing the UK grocery retail sector. This section reports on trading results, pricing strategy, supply chain management, sustainability initiatives, and consumer trends influencing supermarket performance. Retail Sector’s Supermarkets coverage provides analysis and insight for retail leaders, buyers, and suppliers, exploring how competition, regulation, and innovation are shaping profitability and long-term growth across the grocery landscape.
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Aug- 2021 -11 August
Morrisons to close on Boxing Day for the first time ever
Bosses at Morrisons have told staff they can have Boxing Day off this year as a thank you for their hard work during the Covid-19 pandemic. The supermarket made the announcement to its 111,000 workers today. The news comes just weeks before the conclusion of a takeover battle that will…
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11 August
Asda invests in Lean Kitchen Network
Asda has announced that it has made an equity investment in Lean Kitchen Network (LKN), a digital brand creation and food service business. The transaction represents a new step in the group’s partnership strategy, further broadening its food service offer for its customers. Acting alongside Edition Capital, Asda’s investment precedes…
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9 August
Aldi to create more than 2,000 roles before Christmas
Aldi is set to create more than 2,000 new jobs across its UK business between now and Christmas. It comes as the group, which currently has over 920 stores and employs around 38,000 people, said it was “pushing ahead” with plans to open more than one new store a week…
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9 August
Morrisons gives CD&R more time to launch rival offer
Clayton, Dubilier and Rice (CD&R) has been given more time to launch a rival offer for Morrisons. The supermarket asked the UK Takeover Panel, which regulates market activity, to give CD&R more time following the news that rival private equity firm Fortress Investment Group had upped its offer to £6.7bn. …
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9 August
Sainsbury’s ends advertising campaign with GB News
Sainsbury’s has announced it will no longer advertise on GB News after facing an online campaign led by activist group Led By Donkeys. The group ran a series of campaigns and posted a viral social media video that gathered more than 2.5 million views in a bid to put pressure…
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6 August
Morrisons agrees to raised £6.7bn Fortress takeover offer
Morrisons has announced that it has reached an agreement with Fortress Investment Group for a revised takeover offer worth £6.7bn. The increased offer of 270p per share plus 2p in special dividend represents an increase of approximately £400m to Fortress’ original offer value. In a statement, the supermarket stated that…
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6 August
Asda chief Roger Burnley completes early resignation
Asda has announced that Roger Burnley has stepped down from his role as chief executive at the group following its £6.8bn EG Group and TDR Capital takeover. While Burnley had been due to leave his post in 2022, the process has been accelerated “following completion of a transition period” under…
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6 August
Sainsbury’s opens new site at York railway station
Sainsbury’s has announced the opening of its newest store, located in York railway station. The group said the store will offer customers a “wide range” of grocery and household products as well as a self-service Costa coffee machine. The store is the second Sainsbury’s Local to open in York this…
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2 August
Central England Co-op partners with Snappy Shopper
Central England Co-op has announced a new partnership with Snappy Shopper, in which shoppers in the region will now be able to order groceries online from 141 local stores and have them delivered straight to their homes. The partnership also aims to grow the number of Co-op stores participating to…
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2 August
CD&R set to launch rival Morrisons bid
Private equity group Clayton, Dubilier & Rice (CD&R) is reportedly set to kick off a bidding war for grocery chain Morrisons, following a £6.3bn offer from American rival Fortress. According to The Sunday Times, CD&R is said to be lining up equity and debt financing for a counter bid offer…
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