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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Oct- 2024 -31 October
Sainsbury’s sells Argos cards portfolio to NewDay Group
Sainsbury has announced the sale of the Argos Financial Services (AFS) cards portfolio to NewDay Group. The AFS cards support around 20% of Argos sales and are held by around two million Argos customers who use Argos credit to manage the cost of their purchases. The purchase price for the…
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28 October
Asda raises £4m for primary schools across UK
Asda’s Cashpot for Schools initiative, launched on 2 September, has raised £4m for primary schools across the UK. The industry-first campaign sees the retailer donate 0.5% of the value of its customers’ shopping to a primary school of their choice every time they shop using Asda Rewards – with £7.5m…
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28 October
Lidl to open 10 new stores before Christmas
Lidl is accelerating its national expansion with the opening of 10 new stores before Christmas. From Berwick Green in Bristol to Bovey Tracey in Devon and Stirchley in Birmingham, the discounter will create around 400 new jobs. In London alone, it is opening three new stores, including Hoxton, Forest Gate…
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23 October
Asda bolsters leadership team with new senior hires
Asda has appointed two new senior leaders to help drive its growth ambitions in 2025. The supermarket giant has named Lauren Lepley as vice president Central Operations and Mark Henry will join in January from M&S as vice president Retail South, with responsibility for Asda’s southern store operations. Both Lepley…
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22 October
Ocado eyes former Microsoft exec for chairman role
Ocado Group reportedly has plans to recruit former Microsoft executive, Adam Warby, as its next chairman to replace Rick Haythornthwaite, Sky News has reported. The news comes after Haythornthwaite accepted a new position as chairman of NatWest Group. He also chairs the AA, which is owned by private equity firms…
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17 October
The Entertainer rolls out over 850 concessions in Tesco stores
The Entertainer has completed a major roll-out of more than 850 brand-new toy shops within Tesco stores as part of its new partnership. The toyshop’s significant expansion across 861 large Tesco stores in the UK and Republic of Ireland was achieved in just eight months. The roll-out involved over 4.5…
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17 October
Tesco signs ‘largest’ PPA to power 144 supermarkets
Tesco has signed its largest UK Power Purchase Agreement (PPA), which has secured 65% of the solar power generation from Cleve Hill Solar Park in North Kent, to meet the equivalent electricity needs of 144 of its large retail stores annually. Cleve Hill is the largest solar and battery storage…
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16 October
Increase in visits sees supermarket sales up 4.7% in October
Total Till sales increased 4.7% at UK supermarkets in the last four weeks ending 5 October 2024, up from +4.0% in the previous month, according to new data released today by NIQ. It said this is likely due to shoppers starting to look towards seasonal products as retailers roll out…
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16 October
John Lewis to offer personal loans to customers
John Lewis Money, the financial services arm of John Lewis Partnership, has partnered with Zopa Bank to offer personal loans to its 23 million customers. The partnership will see Zopa embed in the John Lewis Money website its digital-first personal loan product, giving the retailer’s customers more finance options. Customers…
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15 October
Waitrose reveals surge in early Christmas shopping
Waitrose has reported that 70% of its Christmas delivery slots have been snapped up as customers get ready for the festive season earlier than ever before. The supermarket’s collection slots are also in demand, with 23 December its most popular day so far as nine out of 10 slots are…
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