Supermarkets
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Aug- 2024 -8 August
Co-op extends 30-year partnership with Wincanton
Co-op has announced a five-year contract extension with logistics provider Wincanton, building on over three decades of successful collaboration between the two companies. Under the new five-year agreement, Wincanton will continue to act as a partner to Co-op, providing facilities management and distribution services from 340,000 sq. ft. The…
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7 August
Morrisons extends Too Good To Go partnership to combat food waste
Morrisons is extending its partnership with Too Good To Go, a global marketplace for surplus food, so that customers can purchase ‘Surprise Bags’ from 930 of its Morrisons Daily convenience stores to help combat food waste. During a successful trial in various locations across north England, the midlands and Wales,…
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6 August
Sainsbury’s to ‘transform customer experience’ with new AI deal
Sainsbury’s has announced it has signed a seven-year deal with NCR Voyix to help “transform its shopping experience”. The deal will see the supermarket upgrade its checkout technology by rolling out the NCR Voyix Commerce Platform, Point of Sale Solutions (POS) and Next Generation Self-Checkout systems to 22,500 checkouts. Sainsbury’s…
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5 August
Morrisons turns freezers up to -15°C for net zero
Morrisons has become the first UK retailer to turn its freezers up in 10 stores to -15°C in order to drive net zero. Recent comprehensive academic studies have shown that an increase of just three degrees in freezer temperatures across the supply chain will transform the global logistics landscape by…
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1 August
Asda co-owner to invest £30m amid weakening market share
Asda co-owner Mohsin Issa will reportedly invest £30m into the supermarket chain in a bid to mitigate its loss of market share, The Telegraph has revealed. It is understood that the investment will be made before the end of the year and will aid the retailer in increasing staffing hours…
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Jul- 2024 -31 July
Morrisons extends partnership with Just Eat
Morrisons has expanded its partnership with Just Eat to include groceries from its supermarkets as well as deliveries from its cafes and Morrisons Daily convenience stores. The partnership was initially rolled out to Morrisons Cafes in 2022, followed by 60 Morrisons Daily convenience stores in December 2023, and today serves…
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31 July
Aldi to open four new London stores by end of 2024
Aldi has announced it is set to open four new stores in the capital between now and the end of the year. New stores in Leytonstone and Beckton are set to open in the next couple of months, while Holloway Road and Muswell Hill are also gearing up to welcome…
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30 July
Ocado to extend debt maturity by raising £600m in bonds
Ocado has extended the maturity of its debt by raising £600m in bonds which are due for repayment in 2029, an announcement on the London Stock Exchange has revealed, in a bid to refinance a tender offer of existing bonds due in earlier years. It comes as the group launched…
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30 July
Under 50% of staff confident in Asda’s strategy, survey finds
Asda is reportedly facing a crisis of confidence from its staff after only 47% said they were confident in the company’s long-term strategic plan in its annual survey, according to The Telegraph. The outlet reported that only 48% of the 75,591 employees who participated in the supermarket’s survey felt they…
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29 July
CMA deems supermarket loyalty promotions not misleading shoppers
The Competition and Markets Authority (CMA) has officially cleared supermarkets of using misleading loyalty promotions, having failed to find any evidence to the contrary in the industry. It comes as the authority published its cost-of-living report last week, which recognised that “effective competition” between retailers was keeping prices as low…
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