Supermarkets
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Jul- 2022 -6 July
Mars Petcare latest to halt supplies to Tesco amid price dispute
Mars Petcare has halted supplies to Tesco as the supermarket faces its second dispute amid rising costs, as inflation continues…
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5 July
Sainsbury’s sales fall as CEO warns pressure on budgets set to intensify
Sainsbury’s has revealed its first quarter like-for-like sales for the 16 weeks to 25 June 2022 fell 4% YOY as…
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5 July
Tesco launches £150m share buyback programme
Tesco has announced it has entered into an arrangement with HSBC Bank plc to repurchase shares on behalf of the…
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4 July
Cost of living crisis will not curtail Brits summer spending, M&S finds
The cost of a living crisis is not dampening UK consumers’ desires to make the most of this summer, according…
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4 July
Supermarket Income acquires four supermarkets in £82.9 deal
Supermarket Income REIT plc, a real estate investment trust, has announced it has acquired two supermarket sites for a total…
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Jun- 2022 -30 June
Poundland to expands £1 range in response to inflation
Poundland has confirmed its intentions to reset 850-plus stores and expand the products it sells for £1 in response to…
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30 June
Tesco to stop stocking Heinz over price row
Heinz has stopped supplying Tesco after a row between the two companies about price increases on baked beans, tomato ketchup…
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30 June
Ocado extends partnership with Groupe Casino
Ocado has announced the completion of agreements to extend its working partnership with Group Casino in France. The partnership extension…
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29 June
Morrisons sales down 6.4% in Q2
Morrisons has reported that like-for-like sales were down 6.4% in Q2, improving only towards the end of the quarter as…
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29 June
Shop price inflation hits highest level since 2008
Shop price annual inflation increased to 3.1% in June 2022, up from 2.8% in May, marking the highest rate of…
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