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- 2022 -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 and other products. Tesco’s website shows that products including Beanz 4x415g, Sticky Barbecue Sauce 500g, Salad Cream 605g, Baked Beans & Pork Sausages 200g, Beanz No Added Sugar 4x415g Snap…
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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 includes the creation of a joint venture to provide logistics services to OSP-powered Customer Fulfilment Centres (CFCs) in France, which will reportedly be made available to all grocery retailers. In…
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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 Mother’s Day and Easter sales bolstered its performance. The company’s adjusted EBITDA grew by £9m to £71m, up from £62m the prior year, reflecting recovery of profit from areas that…
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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 inflation since September 2008, according to the British Retail Consortium (BRC). Food inflation also rose to 5.6% in June, up from 4.3% in May. This marks the highest inflation rate…
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29 June
Poundstretcher to keep prices low despite FY22 profit warning
Discount chain Poundstretcher has warned that sales are set to drop to £277m in the year to March 2022, attributing this performance to fewer stores, while pre-tax profits are set to halve, falling to £40m. It comes as recent accounts filed at Companies House showed that pre-tax profit hit £88m…
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28 June
Jubilee helps boost June grocery sales
The Queen’s Platinum Jubilee celebrations helped boost total till grocery sales at UK supermarkets for the four weeks ending 18 June 2022 with sales up 1.5%, according to new data released today by NielsenIQ. However, it revealed despite this uplift, volume sales are declining by 5.5%, as shoppers seek to…
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28 June
Aldi eyes new store locations amid expansion drive
Aldi has reportedly revealed a “wish list” of priority locations across the country where it is looking to build new stores on town-centre or edge-of-town sites that are around 1.5 acres. As the UK’s fifth largest supermarket, Aldi has more than 960 stores across the country currently and is said…
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27 June
Investor support for Sainsbury’s real living wage mounts
A group of investors have put their support behind a shareholder resolution that could see all Sainsbury’s employees secure the real living wage when it goes to a vote at Sainsbury’s AGM on 7 July. The resolution, co-ordinated by ShareAction, is set to be the first Living Wage resolution to…
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23 June
Sainsbury’s partners with Newlife to recycle old stock
Sainsbury’s has announced the roll out of its partnership with Newlife, a UK-based charity for disabled children, to all supermarkets following a “successful” trial. Newlife has reportedly built its foundation around recycling, reprocessing, and reusing clothing to support 1.1 million disabled and terminally ill children in the UK. The partnership…
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22 June
M&S criticises gov decision on new Marble Arch store
Marks and Spencer has criticised the decision by Secretary of State Michael Gove to hold a public enquiry on the proposed redevelopment of its Marble Arch store on London’s Oxford Street. The retailer has been hoping to demolish the site and replace it with a larger 10-story retail and office…
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