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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May- 2024 -22 May
Co-op unveils ‘ambitious’ sustainability targets
The Co-operative has unveiled new and “ambitious” sustainability targets, which includes reducing carbon emissions across the supply chain. This comes as Co-op has already hit its original greenhouse gas target early, ahead of its official 2025 goal. These new sustainability targets, which are aligned to the retailer’s credit facilities, aim…
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20 May
Waitrose to open Gail’s bakery in-store
Waitrose Canary Wharf has announced it will become the first location with an in-store Gail’s takeaway bakery. The opening comes a year on from the introduction of dedicated Gail’s bakery areas within 64 Waitrose stores. The bakery is being built in Gail’s unique style and will be 280 sq ft…
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20 May
Asda revenues surge to £5.3bn in Q1
Asda has reported a 6.6% increase in total revenues (excluding fuel) to £5.3bn and 1.4% growth in like-for-like sales for the first quarter ended 31 March. The supermarket’s continued growth in total revenues, like-for-like sales and margin improvement in food and non-food includes a particularly strong contribution from George at…
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20 May
French conglomerate sues Morrisons over £2.5bn petrol forecourts deal
Bouygues, a French conglomerate, is reportedly looking to block Morrisons’ £2.5bn deal to sell over 300 of its petrol forecourts to Motor Fuel Group (MFG). According to The Times, Equans EV Solutions, a subsidiary of the giant, which is worth €13bn (£11bn), is suing the supermarket for an alleged breach…
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17 May
Ocado’s net-zero targets validated by Science Based Targets Initiative
Ocado, the world’s largest dedicated online supermarket, operated by Ocado Retail, is amongst the first grocery retailers to have SBTi-validated targets including those originating from forests, land and agriculture (FLAG). The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line…
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17 May
Sainsbury’s to bring AI to supermarkets amid Microsoft deal
Sainsbury’s and Microsoft have announced a new five-year strategic partnership to bring the tech company’s AI and machine learning capabilities to the supermarket. The partnership will aim to improve store operations, drive greater efficiency for colleagues and provide customers with more efficient and effective service. Sainsbury’s will use generative AI…
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17 May
Asda unveils new brand identity
Supermarket giant Asda has unveiled a new brand identity amid its new creative campaign ‘Serious About Summer’. The new campaign, the latest led by chief customer officer David Hills and VP Marketing Adam Zavalis, who joined Asda last year, sees the first introduction of a new brand identity for Asda…
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17 May
Walmart ups guidance as Q1 sales rise 38%
Walmart has upped its guidance for the year, as sales rose 38% during the 13 weeks to 26 April, partly due to the retailer gaining higher-income customers. This comes as Walmart’s global ecommerce sales leapt 21%, which it attributed to store-fulfilled pick-up and delivery services and its marketplace. Walmart also…
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16 May
Asda urges customers to donate to national food drive
Asda will be hosting its annual food drive in partnership with the Trussell Trust and is calling on customers up and down the country to donate essential food items at their nearest store. The food drive aims to support food banks in the community and will take place in stores…
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15 May
Tesco CEO pay doubles to almost £10m
Tesco CEO Ken Murphy has seen his pay more than double over the last year, taking home £9.93m, as the supermarket saw its profits soar. Murphy, who took home a pay packet of £4.44m the year prior, saw his pay boosted by £4.91m as a result of his performance share…
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