Supermarkets
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Feb- 2023 -13 February
Former Aldi CEO in running to replace David Potts at Morrisons
Former Aldi CEO Matthew Barnes is reportedly in the running to replace David Potts as CEO of Morrisons, according to…
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10 February
Iceland refinancing prospects strengthen amid improved guidance
Iceland has reported a โbetter than expectedโ guidance, and as a result, the retailer believes its prospects for a ยฃ750m…
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8 February
Lidl to scale back store openings and focus on warehouse capacity
Lidl is reportedly planning to slow down its store opening programme as it instead focuses on growing its warehouse capacity.…
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8 February
Sainsburyโs unveils Black founder-led brands amid ยฃ1m incubator success
Sainsburyโs has announced the first three Black founder-led brands to be hitting shelves this year after being selected to take…
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7 February
Credit insurer pulls cover for Icelandโs suppliers amid rising costs
A leading credit insurer has cut its cover on suppliers to Iceland as the supermarket faces growing pressure amid the…
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6 February
Aldi to donate ยฃ1m in apprenticeship funding to SMEs
Aldi is set to donate ยฃ1m to small and medium-sized businesses in 2023, to help fund local apprenticeship schemes across…
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6 February
Tesco exec Jason Tarry touted to replace Morrisons CEO
Tesco executive Jason Tarry has been identified as a potential replacement for Morrisons CEO David Potts, according to reports from…
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3 February
Canada Goose lowers outlook as revenues slip
Canada Goose reported revenues of $576.7m (ยฃ471.3m), down 1.6% from the prior third quarter โlargely dueโ to timing of wholesale…
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1 February
Tesco acquires Paperchase IP in pre-pack deal
Tesco has acquired the intellectual property and brand of embattled stationery retailer Paperchase for an undisclosed sum in a pre-pack…
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1 February
CMA launches supermarket pricing reviewย
The CMA is set to review unit pricing practices online and instore within the grocery sector, after deciding that customers…
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