Supermarkets
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May- 2023 -19 May
John Allan to step down as Tesco chair amid personal conduct allegations
John Allan is set to step down as the chairman of Tesco following allegations regarding his personal conduct with colleagues. Tesco noted that in recent weeks, four allegations have been made in the media in relation to his personal conduct, and while three of these have been “vigorously denied” by…
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17 May
Tesco cuts price of pasta and cooking oil
Tesco has unveiled further price cuts for a number of store cupboard essentials in a bid to support customers during the cost-of-living crisis. The group’s own brand pasta has been reduced by 15p in stores and online, and vegetable and sunflower oil have been reduced by up to 15p. The…
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16 May
CMA to investigate competition failure among supermarkets
The Competition and Markets Authority (CMA) has announced that it will be “stepping up” its work in the grocery sector to see whether any failure in competition is contributing to grocery prices being higher than they would be in a “well-functioning” market. This comes as cost-of-living pressures have grown, and…
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12 May
Planet Organic owed creditors £12.5m before rescue deal
Planet Organic owed creditors more than £12.5m when it fell into administration last month, The Grocer has reported. According to The Grocer, a report from administrator Interpath Advisory revealed that more than 400 unsecured creditors will not be repaid the majority of the £8.4m owed as a result of the…
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12 May
Tesco CEO paid £4.4m last year despite cost of living crisis
Tesco’s annual report has revealed that its chief executive officer Ken Murphy was paid £4.4m last year, alongside an additional salary increase. The CEO received a fixed pay of £1.71m and a performance-related bonus of £2.73m, which according to the group, was slightly lower than his previous pay packet that…
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11 May
BRC calls for Windsor Framework labelling clarity
The British Retail Consortium (BRC) has called on the government to provide clarity for UK supermarkets on labelling issues caused by the Windsor Framework ahead of the October deadline. Labelling is a key issue as it will determine whether or not businesses can trade in the green lane or red…
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11 May
Tesco, Sainsbury’s, Lidl and Aldi cut price of bread and butter
Tesco, Sainsbury’s, Lidl and Aldi are the latest supermarkets to drop the price of bread and butter across their stores in a bid to support customers amid high inflation. Tesco said the price of its toastie white bread, white bread and wholemeal bread have dropped in price from 85p to…
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10 May
Asda targets Express expansion with new Caine store
Asda has announced plans to open a convenience store in Calne on Tuesday 23 May, which will mark the retailer’s third ‘Asda Express’ format and create 15 new jobs in the community. The store will be located just outside of the town centre on London Road and the new format…
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9 May
Lidl to add over 1,500 warehouse staff amid new distribution centre plans
Lidl GB has announced that it is recruiting over 1,500 warehouse colleagues across its existing regional distribution centre (RDC) network, while confirming plans to build a new RDC on a 35-acre site in Gildersome, Leeds. It said the plans submitted to Leeds City Council for a 54,000m2 build represent a…
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4 May
Aldi crowned cheapest supermarket 11th month in a row
Aldi has been named the cheapest supermarket in the UK for the 11th month in a row by Which. The findings come from the consumer group’s monthly Cheapest Supermarket price comparison, which examines the cost of a basket of items, including groceries and household essentials. Its latest research found that…
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