Supermarkets
-
Feb- 2020 -12 February
Sainsbury’s Bank chairman departs after seven years
Roger Davis is to step down as chairman of Sainsbury’s Bank after nearly seven years in the role. Davis has been chair of the board since May 2013 after the ‘Big Four’ grocer bought 50% stake in Lloyds Banking Group for £248m. He is also chairman for Global RadioData Communications…
Read More » -
10 February
Improved UK supermarket performance sparks property investment surge
Property investors sunk £1.78bn into the UK grocery sector during 2019, with volumes up 80% year-on-year according to Colliers International’s annual UK Grocery Report. According to Colliers, the improved financial performance by the UK’s major grocery operators triggered “concerted buying of supermarket property investments”. The report also found that the…
Read More » -
5 February
Aldi opens new £64m distribution centre
Budget supermarket Aldi has opened a new £64m distribution centre in Sawley, Derbyshire. The site, which spans over 600,000 sq ft, is Aldi’s 11th UK distribution centre and will serve the supermarket’s growing customer base across the east midlands. The facility is part of Aldi’s planned £1bn investment in 2019…
Read More » -
4 February
UK supermarkets see ‘disappointing’ sales growth in January
Supermarket sales grew by only 0.7% in January 2020, down from 3.3% in 2019, according to new data released from Nielsen. According to the data firm, value sales since Christmas fell at the grocery multiples by 0.3%, with volumes also down 1%. This was exacerbated by inflation, which was only…
Read More » -
3 February
Iceland launches trial to reduce plastic packaging by 93%
Iceland has revealed it will be reducing plastic packaging by 93% across its range of fresh produce. The trial launched on 22 January in 33 of its stores across London and the South East region and will see the frozen food retailer remove or “significantly” reduce the plastic content in…
Read More » -
Jan- 2020 -28 January
Sainsbury’s pledges to become carbon neutral by 2040
Sainsbury’s has announced it will commit £1bn towards becoming carbon neutral by 2040. The supermarket giant will use the £1bn investment to “implement a programme of changes”, including reducing carbon emissions, food waste, plastic packaging and water usage, and aim to increase recycling, biodiversity and healthy and sustainable eating. The…
Read More » -
27 January
Iceland launches review of its management structure
Frozen food retailer Iceland has confirmed it has launched a review of its management structure, but has denied that any jobs are at risk. Iceland has confirmed reports it has started a review with a formal consultation process expected to take place within weeks however has claimed that as of…
Read More » -
27 January
McColl’s director to step down
McColl’s operating officer Dave Thomas has “confirmed his intention” to stand down from his role from the convenience store group. Thomas has worked for the group for 23 years, initially joining as regional manager for convenience. He became operations general manager in 2000 and was made operations director in 2005.…
Read More » -
24 January
Co-op faces equal pay claims from over 400 shop workers
Co-op is facing equal pay claims from over 400 employees, mostly female, who say they are underpaid compared to their male counterparts. The workers, represented by law firm Leigh Day, believe they are entitled to be paid the same hourly rate as men in the distribution centres because their work,…
Read More » -
24 January
Tesco to remove plastic wrapping from multi-pack tins
Supermarket giant Tesco has committed to removing plastic within its multipacks of tinned food. The ‘Big Four’ grocer aims to eliminate 350 tonnes of plastic from the environment from its chains each year. Tesco has teamed up with canned food retailers Heinz and Green Giant to remove the plastic from…
Read More »
