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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Jun- 2023 -12 June
Waitrose reveals further price cuts amid £100m investment
Waitrose has cut the prices of over 200 everyday supermarket items as part of the retailer’s £100m investment to lower customer’s bills. The price cuts, which can be found in every aisle and include cupboard staples from butter and tomato ketchup to Fairtrade caster sugar, are now at least 10%…
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9 June
EG Group to amend and extend loan following Asda deal
Retail and petrol forecourt company, EG Group, has announced that it will seek to amend and extend its banking loans following the sale of its UK operations to Asda’s Issa Brothers. This three-year amendment and extension will reportedly apply to the group’s remaining $3.4bn (£2.7bn) of term loans due in…
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8 June
M&S introduces ‘Beauty Takeback’ scheme
Marks and Spencer has announced a partnership with beauty recycling experts, HANDLE, to launch a ‘Beauty Takeback’ scheme in over 40 stores across the country. This scheme will see hard to recycle beauty packaging materials and components that commonly end up in landfill to be recycled are turned into new…
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7 June
Sainsbury’s rolls out Nectar Prices across new categories
Sainsbury’s has announced that it is expanding Nectar Prices into new categories by introducing offers on dairy and bakery products for the first time. The scheme will now apply to a range of dairy products including Cathedral City mature cheese (usually £4.75, Nectar Price £2.75), Philadelphia cheese (usually £2.20, Nectar…
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7 June
Sainsbury’s CEO lands near £5m pay packet
The CEO of Sainsbury’s Simon Roberts received a pay packet of £4.95m last year in the form of cash and shares. The bulk of this award was a £1.7m bonus and £2.2m in share awards alongside Roberts’ £899,000 base pay, a 3.5% increase. Overall this figure of £4.95m was an…
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6 June
Central Co-op to become a ‘Fertility Friendly’ employer
Central Co-op has partnered with the social enterprise educational training provider Fertility Matters at Work, as it works towards becoming a Fertility Friendly employer. The training provider aims to implement policy-backed best practices when supporting colleagues experiencing fertility challenges. In addition to undertaking the training provided by Fertility Matters at…
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5 June
Gov’s food price measures must target small stores, warns Which?
Which?, the consumer group has reportedly written to Jeremy Hunt claiming the government must also target small grocery stores with its food price measures in order for it to be effective. According to the Guardian, it also stated that a “blanket approach” will not address poor households’ access to affordable…
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2 June
Retail bosses urge government to delay packaging reforms
Retail bosses across the UK are calling on the government to delay recycling reforms that are due to be introduced next year, warning that the reforms will create £1.7bn in extra costs for businesses each year. According to the Guardian, retailers, food producers and trade bodies are lobbying to delay…
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1 June
M&S to freeze price of school uniforms
M&S has announced that it will be freezing the price of its school uniforms for a third of the year, as part of the retailer’s commitment to protecting value on the products that “matter the most” to customers. The announcement comes as, according to the retailer’s latest Family Matters index,…
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1 June
Government’s red tape driving up prices for food firms, warns Iceland
The government’s red tape and regulations are “driving up” costs for British food businesses, Iceland has warned. According to The Times, the company has warned of the cost burdens related to imposed restrictions on promoting foods that are high in fat, sugar and salt. It also said the proposed post-Brexit…
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