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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May- 2023 -23 May
Morrison rolls out new loyalty programme
Morrisons has announced the nationwide rollout of its new Morrisons More Card loyalty programme, which also includes the return of the popular ‘Morrisons Fivers’. As well as the loyalty scheme, the supermarket group is also reviving its “more reasons to shop at Morrisons” strapline, which was introduced in Sir Ken…
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22 May
Sainsbury’s plots online fashion marketplace
Sainsbury’s is planning to launch an online fashion marketplace for high street fashion brands, according to reports from The Times. The supermarket is pitching to fashion brands on selling products on this marketplace and in 60 of its stores. Sources told The Times that the company had already approached Jigsaw,…
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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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