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 -2 August
Aldi raises lorry drivers’ wages amid labour shortage
Aldi has reportedly increased the wages for its lorry drivers in a bid to tackle labour shortages within the industry and avoid bare shelves, according to The Sunday Times. The supermarket is said to have “pushed through” a pay rise for its drivers to maintain its stance as one of…
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Jul- 2021 -30 July
The Midcounties Co-operative launches soft plastic collection scheme
The Midcounties Co-operative has rolled out a soft plastic collection scheme in over 200 of its food stores, meaning that all of its own-branded packaging is now 100% widely recyclable. The initiative will help customers recycle problem materials, including bread bags, lids from ready meals, biscuit wrappers and wrappers from…
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30 July
CMA raises no issues over Morrisons takeover
The private equity backed consortium looking to buy Morrisons has said the Competition and Markets Authority (CMA) has not raised any issues surrounding its £6.3bn takeover deal. The consortium, which is led by Majestic Wines owner Fortress, has said the CMA has told the group that it had “no further…
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28 July
GIC joins Fortress-led Morrisons takeover bid
GIC, a Singapore investment firm, has joined the £6.3bn Fortress-led consortium bid for Morrisons. A filing on the London Stock Exchange revealed that GIC will join the efforts of Oppidum Bidco, a newly formed company indirectly owned by funds managed by Fortress, as an additional co-investor. In turn, the bid…
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28 July
Tesco accelerates sustainability plans with windfarm launch
Tesco has revealed that its newly backed windfarm is now live and generating much needed renewable energy, falling in line with the group’s sustainability plans. In partnership with ScottishPower, the 30MW 15-turbine Halsary windfarm in Caithness, Scotland, will provide enough clean energy to power the equivalent of almost 20,000 homes…
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28 July
Asda owners eye Fat Face head for George CEO role
Asda owners, brothers Mohsin and Zubba Issa are reportedly in talks to appoint the current CEO of Fat Face, Liz Evans, to head up the group’s fashion label, George, according to The Lancashire Times. Evans has been the CEO of Fat Face since 2018. If she moves over to George,…
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28 July
Morrisons’ largest shareholder ‘not inclined’ to back £6.3bn Fortress offer
Morrison’s largest shareholder Silcherster has said it is “not inclined” to support the £6.3bn takeover that has been accepted by the company’s board. The investment firm, which owns a 15.1% stake in the ‘Big Four’ Grocer, has said it believes more time should be given for a rival bid to…
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26 July
Waitrose expands Shell partnership
Waitrose has revealed that up to 800 Shell electric vehicle charging points will be installed in as many as 100 stores across the UK by 2025. As part of the retailer’s plans to grow the partnership, the companies have also reached an agreement to increase the number of Shell Select…
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23 July
Fortress to launch review if Morrisons bid successful
US Private equity fund Fortress Investment Group will reportedly launch a review of Morrisons’ operations within the first six months of ownership, should its planned £6.3bn takeover bid end successfully. According to the Financial Times, while Fortress are “broadly supportive” of Morrisons’ management team the review would include the supermarket…
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22 July
Sainsbury’s opens new local store in Salford
Sainsbury’s has announced the opening of a new local store in Salford this July. The store entitled ‘Sainsbury’s Salford New Bailey Square’, is situated within close proximity to Salford Central Station, and aims to offer nearby workers and residents a “convenient place to do their shopping”. The shop will feature…
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