Supermarkets
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May- 2022 -6 May
McColl’s collapse ‘increasingly likely’, 16,000 jobs at risk
McColl’s has warned that it is “increasingly likely” that the group will collapse into administration, in a move that could…
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5 May
30% of Ocado shareholders vote against £100m CEO bonus plan
Almost 30% of Ocado shareholders voted against the company’s remuneration policy that would see its chief executive Tim Steiner receive…
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4 May
Morrisons’ new owner to sell 87 petrol stations to complete £7bn deal
Morrisons’ new owner, Clayton, Dubilier and Rice Holdings LLC’s (CD&R), is set to sell 87 of its petrol stations to…
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Apr- 2022 -28 April
Asda teams up with FareShare to donate 10m meals to charities across UK
Asda has donated £1.4m to set up the ‘All Good Food Fund’, a project with FareShare which aims to lead…
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25 April
Morrisons unveils ‘biggest price cuts’ in years
Morrisons has announced it is launching one of its “biggest” price cuts in recent years by reducing prices on over…
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25 April
Asda invests £73m to tackle cost of living crisis
Asda has announced it will be investing over £73m in tackling the cost of living crisis for its customers and…
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20 April
M&S’ Oxford Street demolition blocked by Government
Marks and Spencer’s (M&S) plans for the demolition of its Marble Arch flagship on Oxford Street has been paused by…
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19 April
Asda unveils new chief financial officer
Asda has announced the appointment of Michael Gleeson as its new chief financial officer (CFO), who is set to join…
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14 April
Supermarket shares crash amid Tesco profit warning
UK Supermarkets saw almost £1bn wiped off their value yesterday as the cost of living crisis began to take hold,…
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13 April
Tesco sees profits treble but warns of soaring inflation costs
Tesco has revealed its pre-tax profits more than doubled to more than £2bn, up from £636m last year, for the…
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