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 -4 December
Aldi plans to repay business rates relief
Aldi has announced its plans to repay the government any money it has received during the pandemic from the business rates relief. Back in March, all retail, hospitality and leisure businesses in England were given a business rates holiday for 12 months to help them get through the crisis. Supermarkets,…
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3 December
Sainsbury’s forgoes £410m rates relief
Sainsbury’s has joined rivals Tesco and Morrisons in a pledge to repay the government’s business rates relief, bringing the total number of returned costs to over £1bn. The supermarket has revealed plans to forgo approximately £410m of its business rates relief. In a statement, Sainsbury’s said it has been considering the…
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2 December
Tesco to repay £585m rates relief
Tesco has announced that it will repay £585m in business rates relief to the UK government and devolved administrations. The supermarket said it was “immensely grateful” for the financial and policy support provided by the government, adding that the rates relief was a “game-changer” for all retailers. It noted that…
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Nov- 2020 -20 November
Aldi expands delivery trial to 130 stores
Aldi has announced it is expanding its on-demand delivery trial with Deliveroo to 130 stores across the UK, with the service set to now be available in Scotland and Wales. Last month, the supermarket chain confirmed it had expanded the trial to 42 stores, including sites in Bristol and Liverpool.…
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13 November
New Asda owners sell stake in EG holding company
The Issa brothers, the new billionaire owners of supermarket giant Asda, have reportedly generated hundreds of millions of pounds by offloading a stake in its holding company to a number of global investors. According to Sky News, an Abu Dhabi sovereign fund and two Canadian pension funds have acquired a…
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13 November
Tesco sets plans to reach net zero emissions by 2035
Tesco has announced its partnership with Low Carbon to create three new solar farms in a new effort to reach net zero emissions by 2035. The new solar farms are situated in Essex, Anglesey and Oxfordshire and will aim to generate up to 130 giga-watt hours of energy per year,…
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11 November
Supermarkets launch drive to extend Sunday trading hours
Leaders of the UK’s biggest supermarkets have come together in a fresh drive to extend Sunday trading hours in the lead up to Christmas, according to Sky News. It comes as executives from major grocers, including J Sainsbury and Wm Morrison, are warning ministers that a pre-Christmas shopping rush could…
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5 November
M&S confirms it will stay open during lockdown
Marks and Spencer has confirmed that its clothing and home division will remain open despite the lockdown restrictions. According to Drapers, M&S CEO Steve Rowe said that he wanted to make it “very clear” that it would follow the government guidelines but its stores would “remain open”. He said: “We’re…
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5 November
Sainsbury’s to axe 3,500 jobs
Sainsbury’s has warned that 3,500 of its staff could be made redundant across its supermarket counters and Argos stores, in what is a major restructuring of the business. The supermarket said it has now closed all of its meat, fish and deli counters due to “reduced customer demand”, adding that…
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4 November
M&S swings to first loss in 94 years
Marks and Spencer has swung to a pre-tax loss of £87.6m in the half-year ended 26 September, down from the £158.8m profit reported the year before, marking its first ever loss in 94 years of trading as a public company. The group saw its profit plummet by 77% to £61.8m,…
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