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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Feb- 2025 -3 February
M&S launches young designer competition with YoungMinds
M&S has announced a competition in collaboration with YoungMinds for young people to create a winning design for this year’s M&S and YoungMinds Hello Yellow kidswear collection. Every year for Hello Yellow, which marks World Mental Health Day on 10th October, YoungMinds calls on teachers, pupils, parents and colleagues to…
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3 February
Iceland boss criticises chancellor over farmer inheritance tax
The managing director of Iceland has criticised the chancellor’s inheritance tax raid on farmers, despite the Labour-backing boss previously voicing his support of the new budget.Richard Walker said that Rachel Reeves should prioritise online sales tax reform instead of targeting farmers with higher death duties, according to The Telegraph. He…
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Jan- 2025 -30 January
Lidl to roll out micro-donation system at tills
Lidl has become the first national supermarket to introduce Pennies, a digital micro-donation system, on its tills. The move follows a successful regional trial and will allow customers to donate up to 30p per transaction at the card reader. At the end of January, Lidl will start to roll the…
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30 January
Asda reintroduces ‘Rollback’ price cuts
Asda has announced the return of its Rollback proposition as part of a significant investment to begin lowering prices across its entire range on more than 4,000 products. The new programme forms the cornerstone of Asda’s mission to satisfy the needs of customers who demand value whenever they shop. The…
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29 January
Morrisons FY revenues hit £15.3bn amid ‘strongest’ quarter since 2021
Morrisons’ revenues jumped 3.8% to £15.3bn for the year ended 27 October 2024, with its Q4 performance being the “strongest” quarter in four years. Full-year like-for-like sales were up 4.9% for Q4 and 4.1% for the full year, representing eight consecutive quarters of positive LFL sales. Revenues during the final…
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27 January
Asda relaunches hunt for new CEO
Allan Leighton, Asda’s chair, has reportedly restarted the hunt for a new CEO after a failed effort by his predecessor, Lord Rose, the Telegraph reported. Leighton, who returned to Asda in November, having previously run the supermarket from 1996 until 2000, stated that he is looking for a candidate who…
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24 January
Iceland shares more than 600 job openings amid sector cuts
Iceland has shared that more than 600 jobs are available across its operations nationwide. This comes amid reports that both Sainsbury’s and Morrisons are set to cut jobs in the coming months. The development comes as the supermarket continues to expand its footprint, currently operating more than 950 stores across…
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24 January
Morrisons to axe hundreds of roles as part of cost-cutting plans
Morrisons is set to cut more than 200 roles from its Retail People Team, in the same week that Sainsbury’s also announced widespread cuts across the business in order to shore up costs. As part of the cost reduction plan, Morrisons is proposing to remove the roles of regional people manager,…
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23 January
Sainsbury’s to axe 3,000 roles and shut cafes and counters
Sainsbury’s is set to axe 3,000 roles across the business as part of restructuring plans that aim to “simplify” its central divisions and management structures.As part of its three-year Next Level strategy, there will be a 20% reduction in management roles, while it is also set to close its remaining…
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21 January
Frozen food to see ‘meteoric rise’ in 2025, Iceland predicts
Iceland has forecast a rise in the popularity of frozen food, which will become a “big focus” in 2025 as British shoppers follow trends seen across America. According to new research from the supermarket, frozen food sales in America rose by 54% towards the end of last year, with the…
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