Supermarkets

Morrisons agrees £220m warehouse deal

Morrisons has agreed to a £220m sale and leaseback deal with asset management firm, Intermediate Capital Group, which also includes…

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Asda to create 10,000 new jobs

Asda has announced plans to create 10,000 new jobs over the next four years as it rolls out its Asda…

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Morrisons owner working to replace CEO

Morrisons owner Clayton Dublier and Rice (CD&R) is working to find an eventual replacement for CEO David Potts just a…

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EG group announces ‘resilient’ Q3 results

Asda owner EG group has announced a “resilient” set of results of the three months to 30 September 2022. The…

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Waitrose appoints customer director

Waitrose has announced that Nathan Ansell has been appointed as its new customer director, reporting to executive director, James Bailey.…

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54% of consumers plan to stick to spending this Christmas, study finds

Some 54% of UK consumers are Christmas “enthusiasts” and will not change their Christmas plans despite economic challenges, according to…

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Iceland founder rebuffs takeover approaches

Malcolm Walker, the founder of Iceland Foods, has reportedly dispelled rumours that he has been “quietly marketing” the company to…

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Lidl sees pre-tax profits quadruple to £41.1m

Budget supermarket chain Lidl has revealed its pre-tax profits quadrupled to £41.1m, up from £9.8m, during the year ending February…

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Supermarkets see sales improve as they head into Christmas

In the last four weeks supermarkets’ total till value growth increased to 5.3% from 4.7% last month, despite inflation accelerating…

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Asda like-for-like sales rise 4.7% in Q3

Asda has revealed that its like-for-like sales increased by 4.7% in the third quarter, making it the supermarket’s “strongest” quarterly…

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