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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Jan- 2024 -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…
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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…
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11 January
M&S ‘top performing’ grocer over Christmas period
M&S has revealed that it was the top performing grocer in volume growth terms over the Christmas period and the quarter, as food sales rose 10.5%, with like-for-like sales up 9.9%. According to the retailer, supply chain improvements helped to drive better availability year-on-year in its supermarkets. Clothing and home…
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10 January
Sainsbury’s Q3 sales jump 6.5% amid Christmas boost
Sainsbury’s has revealed that its retail sales jumped 6.5% for the 16 weeks ended 6 January 2024. As a result of this the company has reiterated its expectations of an underlying full-year profit of between £670m and £700m. Alongside this, the company’s grocery sales were up 9.3% while its Christmas…
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9 January
Brits spend record £4.8bn on groceries during Christmas
Sales at the UK supermarkets reached a record breaking £4.8bn during the week ending 23rd December 2023, according to the latest data from NIQ. This is a +4.3% uplift in sales compared with Christmas in 2022 as volumes also increased by 1.2% as shoppers traded up at this busy time…
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8 January
Nisa announces £1m price drop campaign
Nisa has recently announced a £1m price drop campaign to lower the wholesale selling price (WSP) of hundreds of products, as part of its strategy to ensure its retailers remain competitive. Launching today (8 January), the campaign will focus on areas which have been highlighted as a priority by its…
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5 January
Asda and Usdaw sign collective bargaining agreement
Asda and Usdaw have signed a collective bargaining agreement that will see the union represent hourly-paid employees in the convenience stores and Leon restaurants that Asda acquired from EG Group. Following the agreement, Usdaw will negotiate on pay, hours and holidays annually for those employed in 356 convenience stores and…
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5 January
Sainsbury’s invests £200m to raise wages by 9%
Sainsbury’s will be investing £200m to increase colleague pay to £12 per hour – £13.15 in London – from March. The move is the biggest investment made by the retailer into staff pay and will benefit some 120,000 colleagues, giving them an extra £1,910 a year nationally and £2,290 a…
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3 January
Morrisons invests £15m to freeze prices across 1000 products
Morrisons has revealed it has invested £15m in order to cut the price of popular products this January in a bid to help its customers through the January squeeze after the expense of Christmas. Over 200 products are being cut by an average of 20% including cupboard essentials and breakfast…
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3 January
Supermarkets see highest December transactions since 2019
Britons made 488 million trips to the supermarkets over the four weeks to 24 December, 12 million more than last year and the largest number at Christmas since 2019. According to data from Kantar a record £13.7 bn passed through the tills, with the average household spending an all-time high…
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