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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Aug- 2023 -7 August
Morrisons trials support for British farmers in £2m investment
Morrisons has launched a new year-long trial to support farmers by underwriting 100% of the costs associated with growing crops in a £2m investment. The trial aims to help British farmers mitigate the cost and weather pressures that come from the peaks and troughs of the season, including field rent,…
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4 August
M&S to refurbish Newcastle store as part of £13m investment
M&S has announced its plans to revamp its Newcastle city centre store following a £13m investment in its North East store estate for the year ahead. The Northumberland Street store will include a fresh-market style food hall which is expected to be complete later this year and a new, refreshed…
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2 August
Asda to display daily fuel prices online
Asda has today (2 August) become the first UK supermarket to publish local fuel prices online, allowing motorists to check the price of petrol or diesel before they get in their car. This comes as the supermarket chain has confirmed that fuel prices at each filling station will be available…
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2 August
Co-op boss hits back at profiteering claims amid rise in shoplifting
Co-op Food boss Matt Wood has “lashed out” at supermarket profiteering claims amid a surge in crime at the group’s stores, The Telegraph has reported. Hood claimed that shoplifters were able to “overrun” retailers without facing consequences, and warned that people were defending their actions after MPs accused supermarkets of…
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Jul- 2023 -25 July
Poundland brings back £1 price point amid lessening inflation
Poundland has today (25 July) reduced the price of big brand “family favourite” products, many of which went back to a £1 price point, following last week’s inflation data showing price rises are moderating from 8.7% in May to 7.9%. The retailer’s price reduction, which has been dubbed ‘Operation Sell…
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18 July
Supermarkets see largest drop in grocery price inflation since its peak
Grocery price inflation has seen its steepest decline since inflation peaked in March this year, falling 1.6 percentage points to 14.9% in the four weeks to 9 July 2023, according to the latest data from Kantar. It comes as take-home grocery sales over the same period grew by 10.4% compared…
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18 July
Supermarkets willing to back fuel price checker to drive down prices
Energy Secretary, Grant Shapps revealed yesterday (17 July 2023) that supermarkets and retailers have agreed to back a fuel price checker to drive down prices for motorists, according to the Sun. As part of the scheme, Tesco, Asda, Sainsbury’s and Morrisons will share cost data with the public by next…
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17 July
Grocery prices soar more than 25.8% in two years, says Which?
The price of groceries at supermarkets has gone up 25.8% since the cost of living crisis began, according to new data by Which? Which? looked at the prices of more than 21,000 food and drink products at eight major supermarkets – Aldi, Asda, Lidl, Morrisons, Ocado, Sainsbury’s, Tesco and Waitrose…
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14 July
MPs to quiz Asda boss on fuel price competition
Members of Parliament are set to question Mohsin Issa, co-owner of Asda, on comments from one of his lieutenants over the group’s fuel price strategy, according to reports from Reuters. The Common’s Business and Trade Committee have said they are concerned about discrepancies between statements from chief commercial officer Kris…
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11 July
The Co-op to unveil store refurb in Kent
The Co-operative will be unveiling the refurbishment of its store in Longfield, Kent, this Thursday (13 July) after a four-week programme of works and improvements. Along with the refurbishment, the store has also benefited from an enhanced range of fresh products, meal ideas, everyday essentials, hot food, food-to-go, Fairtrade products,…
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