Supermarkets
-
Jan- 2024 -22 January
Co-op opens new convenience store in Swansea
Co-op has opened its newest store to serve and support the community of Pontarddulais, Swansea. The new 2,500 sq ft convenience store, which is located on St Teilo Street, opens between 7am and 10pm daily and has created 15 local jobs. Designed to serve and support the community, the store…
Read More » -
22 January
Sainsbury’s boss backs tougher retail crime laws
Sainsbury’s CEO Simon Roberts has backed calls for tougher laws to protect shop workers from abuse and physical attacks. Roberts told the Mail on Sunday that he had been working with the government and other retail bosses after attacks on the supermarket’s staff “escalated through last year”. He stated that…
Read More » -
22 January
Tesco IT glitch leads to cancelled deliveries
Tesco customers were left without deliveries on Sunday morning following a technical fault with the supermarket’s IT system. According to the BBC, dozens of customers expressed their frustration on social media, calling the experience and lack of communication a “shambles”. However, Tesco said that orders were up and running by…
Read More » -
19 January
Asda to roll out 21 new stores by the end of January
Asda has announced that it will be adding 21 new convenience stores to its estate by the end of this month, with five opening their doors today (19 January). The announcement comes as the retailer continues its programme to convert the convenience stores acquired from the Co-op and EG Group…
Read More » -
19 January
Pepco Q1 revenues hit €1.9bn as it warns on Red Sea disruption
The Pepco Group has posted record Q1 revenues of €1.9bn (£1.63bn) up 10.8% and boosted by new openings. It comes despite group like-for-like (LFL) revenues declined 2.3% in Q1, but with an improving trend during the quarter. Pepco LFL revenue declined 3.7% against a tough comparative period where LFL sales…
Read More » -
17 January
Co-op to open first Welsh franchise store
Co-op is set to unveil its first Welsh franchise store on Thursday (18 January) which is launching to serve and support the Parc Derwen community, Bridgend. The convenience retailer is committed to growing its franchise business, with the model enabling Co-op to bring its products and, the benefits of membership,…
Read More » -
16 January
Ocado returns to earnings growth as sales soar
Ocado has returned to positive earnings in its full-year results after sales soared over the year, in part boosted by a “record” Christmas for the group. While full-year retail revenues rose by 7% to £2.35bn, sales in the final quarter of the year soared by 10.9% to £609.4m, marking a…
Read More » -
15 January
Asda trials four-day week in bid to stamp out manager revolt
Asda is trialling a four-day week in a bid to “stamp out revolt” amongst the supermarket’s store managers following a rise in staff turnover, The Telegraph has reported. The business is reportedly looking to rebuild relations with senior staff after ongoing cost cuts and concerns over company culture have led…
Read More » -
12 January
Aldi named most popular supermarket
Aldi has recently been named as the nation’s most popular supermarket, according to new polling data for Q4 2023 from YouGov. In the poll, Aldi maintained its position at the top, ranking ahead of its traditional Big Four rivals, as well as M&S and fellow discounter Lidl. It comes after…
Read More » -
11 January
Tesco ups guidance as sales jump 6.9%
Tesco has announced that its sales increased 6.9% for the 19 weeks ended 6 January 2024 after stronger than expected volume growth in the period. As a result the company now expects a retail adjusted operating profit of around £2.75bn, above its previous guidance range of £2.6bn to £2.7bn The…
Read More »
