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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Dec- 2020 -14 December
Tesco appoints Karen Whitworth to board
Tesco has announced that Karen Whitworth will be joining its board as a non-executive director. The appointment will take effect from 18 June 2021, with Whitworth also being appointed as a member of the audit committee and corporate responsibility committee. Whitworth is currently a non-executive director of Pets at Home,…
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14 December
No need to panic buy before Brexit, says BRC
The British Retail Consortium (BRC) has urged members of the public to refrain from stockpiling food before Britain leaves the EU on 1 January. The plea comes after the UK and EU confirmed on Sunday (13 December) that the deadline for reaching a deal on post Brexit would be extended. …
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11 December
Sainsbury’s creates 12,000 seasonal jobs
Sainsbury’s has announced its created 12,000 seasonal roles and increased its digital offer to help cope with the peak Christmas season. The supermarket also announced the increase in holiday rates pay to £9.30 per hour, the reportedly highest rate of pay of the major supermarkets. Colleagues working in Greater London…
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10 December
Tesco warns of Brexit impact on food and prices
Tesco has warned that shoppers could face temporary shortages on fresh produce and higher prices if the UK fails to negotiate a Brexit deal with the EU, according to The Guardian. John Allan, chairman of Tesco, told Bloomberg TV that a no-deal Brexit would “trigger tariffs” and would lead to…
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10 December
Ocado revenue soars following M&S partnership
Ocado Retail has announced that revenue soared by 35% in the 13 weeks to 29 November 2020, driven by a “strong” demand for online grocery as well as a “continuation of a smoothed trading week compared to previous “peaks and troughs”. The average orders per week were also up by…
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9 December
Co-op launches partnership with Deliveroo
Co-op has launched a new partnership with Deliveroo and fresh fruit and veg suppliers Sheringhams to help provide 20,000 meals and 3,000 pieces of fresh fruit to families by Christmas. The partnership between the two companies builds off the support for Marcus Rashford’s campaign and commitment to end child food…
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9 December
CMA launches inquiry into Issa Bros’ Asda takeover
The CMA has announced the launch of a phase 1 inquiry into the Issa Brothers’ £6.8bn takeover of Asda. It said that on 8 December 2020 the CMA has launched its phase 1 investigation after the European Commission’s decision to refer the case to the United Kingdom, following a request…
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9 December
UK sees grocery boom as shoppers hit stores early
Grocery sales rose by 11.3% in the 12 weeks ended 29 November 2020, the fastest rate of growth since August, according to the latest grocery market share figures from Kantar. It comes as consumers have reportedly started their Christmas shopping early this year in preparation for the festive season. In…
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9 December
Tesco confirms sale of its Asian businesses
Tesco has confirmed the sale of its businesses in Thailand and Malaysia, following a review of the transaction. Back in March, the supermarket chain had agreed to sell its Asian businesses to C.P. Retail Development Company Limited (CPRD). CP Group has now reviewed the move and is satisfied with the…
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4 December
Support of UK producers ‘vital’ for food businesses, study finds
Waitrose has released its Food & Drink Report 2021 which found that nearly three quarters of people wanted to see more food businesses in the UK express their “ongoing support” for local British producers. The report was based on OnePoll research of 2,000 people across Britain, not just Waitrose shoppers.…
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