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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Feb- 2024 -27 February
Asda’s mean Gender Pay difference hits 6.6%
Asda has today (27 February) published its 2023 Gender Pay figures, confirming that the mean pay difference between all male and female workers is 6.6%. In a report submitted to the Government’s Gender Pay website, the supermarket also revealed that the median pay difference between all male and female colleagues…
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27 February
M&S invests record £89m in boosting staff pay
M&S has today (27 February) announced a record £89m investment in its retail pay offer, and a further £5m annual investment to enhance its maternity, paternity, and adoption policies. From 1 April, the rate of pay for UK customer assistants will increase from £10.90 to £12 per hour, representing a…
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27 February
Grocery sales jump 5% as food price inflation falls
Total grocery sales increased 5.1% to £35.3bn for the four weeks to 18 February 2024, as grocery price inflation fell 5.3%, marking the lowest rate since March 2022, according to the marketing data and analytics company Kantar. February also saw a return to indulgence for some consumers as dry January…
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27 February
Morrisons hires advisors as it eyes sale of bakery business
Morrisons has reportedly drafted in advisers to explore the potential sale of its bakery business, as part of plans to offload assets in order to pay down its debts. According to The Telegraph, the supermarket is now working with Deloitte to explore potential interest in Rathbones bakery, which supplies baked…
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26 February
Co-op opens newest local store in Welling
The Co-op has announced the opening of its newest 2,700 sq ft store in Welling on Wrotham Road, creating 18 jobs locally. The store, which has been designed to “serve and support the community conveniently”, offers customer car parking, an ATM, and parcel collection services with an InPost Locker. Meanwhile,…
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26 February
John Lewis to axe 200 contractors in an effort to cut costs
The John Lewis Partnership will be making approximately 200 contractors redundant from its customer service provider, Foundever, The Telegraph has reported. Foundever, which has been the retailer’s partner for the past 17 years, has handled the majority of its customer service with a team of 1,000 people. The news comes…
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23 February
The Co-op opens new local franchise store in Sussex
The Co-op has opened a new store on Eastbourne Road, in Uckfield, which brings into use surplus space in the grounds of the Highlands Inn to create a “community hub”. The 2,500 sq ft purpose-built convenience store, which will operate as a Co-op franchise, will be open between 7am and…
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21 February
Ocado to stock frozen ready meals for pets
Frozen petfood startup Ted’s Bowl has secured an Ocado listing for its range of frozen ready meals for pets, according to The Grocer. From Friday (23 February), the brand will offer seven microwavable frozen meals suitable for puppies, adult dogs, senior dogs, kittens and adult cats. The premium dishes feature…
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21 February
Aldi to create 5,500 jobs in 2024
Aldi, Britain’s fourth largest supermarket, has revealed that it plans to create 5,500 new jobs across the course of 2024. Roles available include store assistants, managers and cleaners at new stores opening this year. The supermarket is also recruiting across its 11 regional distribution centres and within its head office.…
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20 February
Central Co-op opens new store in Hethersett
Central Co-op has officially opened its doors in Hethersett, creating 15 jobs for those living in the area. To celebrate the opening, Central Co-op welcomed customers and members into the store for the first time, as well as Norwich foodbank and 10 pupils from years four, five and six at…
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