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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Jul- 2021 -9 July
Co-op to launch ‘extensive’ recycling scheme in 1,500 stores
Co-op has announced that it will launch its most “extensive” in-store recycling scheme in 1,500 stores this month (July) and in 2,300 stores by November. The rollout of the scheme is set to see the convenience retailer have fully recyclable food packaging by the end of July and help tackle…
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9 July
Morrisons CEO to discuss takeover with business secretary
The CEO of Morrisons is to meet with business secretary Kwasi Kwarteng next week to discuss the potential takeover of the business by a consortium led by an US investment firm. According to The Times, Kwarteng has asked CEO David Potts to explain the reasoning behind the company’s decision to…
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9 July
Sainsbury’s Leeds Colton site undergoes refurb
Sainsbury’s has unveiled its new look Leeds Colton supermarket following “months of refurbishment”. As part of the renovation work, the site has seen a new Argos, refurbished beauty department, patisserie counter and cafe created on site. In addition, the store’s chilled refrigeration cabinets and supporting infrastructure were also completely replaced…
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7 July
Tesco partners with Prince’s Trust to ‘jump start’ 45,000 young careers
Tesco has committed to helping over 45,000 young people “jump start” their career and build employability skills in partnership with The Prince’s Trust. The news follows a recent report from think tank The Social Market Foundation, which found that half of the 1,000 respondents of young people aged 16-25 said…
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7 July
Ocado to partner with Spanish grocer Alcampo
Ocado has outlined a new agreement with Auchan Retail, which will see Ocado Solutions develop the online business of Alcampo, a Spanish grocer, using the Ocado Smart Platform. Auchan Retail, one of the world’s largest grocery retailers, operates the Alcampo brand in Spain through a network of 310 stores, including…
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6 July
Sainsbury’s raises FY22 guidance amid rising sales
Sainsbury’s has raised its full-year guidance for the financial year ended March 2022, with its underlying profit-before-tax now expected to be at least £660m, up from the previously forecasted £620m, with progress weighted towards the first half. The news follows the supermarket chain’s Q1 trading statement for the 16 weeks…
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6 July
M&S launches 25p banana bundles to reduce waste
Marks and Spencer has announced the launch of its new banana waste reduction scheme. The waste reduction scheme is to be introduced to all stores across England this week and allows customers to take home a cardboard bag of extra ripe bananas “at great value”, which minimises the amount of…
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6 July
Ocado H1 revenues jump 21.4% to £1.3bn
Ocado Group’s total revenues jumped 21.4% year-on-year to £1.32bn for the 26 weeks ended 30 May 2021. The end-to-end grocery firm also saw group EBITDA spike 41.2% year-on-year to £61m, up from £19.8m in H1 FY20. Despite reporting a loss before tax of £23.6m for the period, this represented a…
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5 July
Asda confirms hybrid working model for colleagues
Asda has confirmed that it will introduce a permanent hybrid working model for head office colleagues once social distancing restrictions are lifted. The group recently invested in its head offices to make sure it was Covid-secure with it remaining open with reduced capacity during the pandemic for those colleagues that…
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5 July
Morrisons set for bidding war after accepting £6.3bn offer
Rivalling private equity firms are reportedly preparing to engage in a bidding war for Morrisons after it accepted £6.3bn takeover offer yesterday (4 July). The UK supermarket chain’s board of directors accepted a 252p-a-share offer from private equity firm Fortress, rejecting an earlier bid Clayton Dubilier & Rice (CD&R) which…
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