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.
-
Nov- 2024 -28 November
Morrisons to cease deliveries from Ocado’s Erith centre
Morrisons has announced that it will gradually cease deliveries from Ocado’s Erith Customer Fulfilment Centre (CFC). Ocado has said that the decision comes as Morrisons has decided to process a greater share of its online deliveries through Dordon CFC and with in-store fulfilment. This also means that Ocado Retail will…
Read More » -
28 November
John Lewis ‘worried’ about increase in National Minimum Wage
John Lewis has told the Telegraph that it is “worried” about the impact of Rachel Reeve’s decision to increase the National Minimum Wage. As part of the budget, the chancellor confirmed that the National Minimum Wage for 18 to 20-year-olds will rise 16.8% from £8.60 to £10, while pay for…
Read More » -
27 November
Around 92% supermarket loyalty schemes offer ‘genuine’ savings, CMA finds
The Competition and Markets Authority (CMA) has found that people who are members of a loyalty scheme can almost always make a genuine saving on the usual price by buying loyalty priced products. Having analysed around 50,000 grocery products on a loyalty price promotion, the CMA found very little evidence…
Read More » -
26 November
Asda turnaround could take 3-5 years, says incoming chair
Former Asda CEO Allan Leighton has said that a turnaround of the business could be a three to five year process, as he is set to help lead turnaround efforts in his new role as chair of the group. Speaking to The Guardian shortly following his appointment, Leighton said that his…
Read More » -
25 November
Asda appoints ex-CEO as new chair
Asda has announced the appointment of former CEO Allan Leighton as new executive chair, succeeding Stuart Rose who has served as chair since 2021. Leighton has led a number of UK and international consumer businesses, including serving as a chief executive of Asda from 1996 to 2001, president of Loblaw…
Read More » -
21 November
Morrisons set to close Rathbones bakery, 400 jobs at risk
Morrisons is preparing to close down its Rathbones bakery in a move that could put almost 400 jobs at risk, according to the BBC. The supermarket initially acquired the bakery in 2005 but said it has struggled to make it profitable “for a number of years”. Morrisons has now reportedly…
Read More » -
19 November
Lidl to invest £21bn in British food industry
Lidl GB is on track to invest a total of £21bn in the British food industry by the end of FY24, exceeding its original five-year commitment of £15bn by 40%. This equates to an additional £6bn and underscores the retailer’s ongoing support for British agriculture and food production. In the…
Read More » -
19 November
Morrisons slashes debt by £2.4bn following restructuring
Morrisons has announced a substantial reduction in its debt following a major restructuring process, lowering debt by £2.4bn. In an official announcement, the supermarket chain has confirmed that since the beginning of 2023 its debt fell from a peak of £6.2bn to £3.8bn. This includes a further repayment of an…
Read More » -
18 November
Aldi launches donation drive ahead of Christmas
Aldi has launched a donation drive ahead of the Christmas period and revealed a list of the most in-demand items at foodbanks to help guide shoppers. The items have been selected by foodbanks, charities and community groups across the UK and include store cupboard essentials, festive treats, toiletries and pet…
Read More » -
13 November
Asda sales lag behind other major supermarkets, new data finds
Asda was found to trail behind all other major UK supermarkets with a 3.5% decline in sales and a 1% fall in market share over the year, new data from NIQ has revealed. It comes as supermarket sales have slowed in the four weeks to 2 November to 4% year-on-year,…
Read More »
