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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Apr- 2022 -5 April
Supermarket sales remain in decline amid online pandemic comparatives
Total till sales at UK supermarkets fell -4.1% in the last four weeks ending 26 March, the lowest sales growth so far recorded in 2022, according to the latest data released by NielsenIQ. However, it said this is the final figure measuring sales growth against the high lockdown comparatives, indicating…
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5 April
CD&R begins £500m Morrisons property sale as it warns on profits
The new owner of Morrisons, Clayton Dubilier and Rice, has reportedly begun plans to sell a £500m property portfolio months after completing its £7bn takeover, after the grocer also warned its profits could be impacted by inflation and war in Ukraine. Morrisons has revealed it experienced a fall in earnings…
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4 April
Ocado set to receive £190m from M&S amid joint venture success
Ocado is reportedly set to receive an estimated £190m after its food delivery joint venture with M&S is thought to have surpassed its current performance targets. According to This is Money, M&S is expected to confirm next month that its performance targets have been met, triggering the payment to Ocado…
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1 April
Sainsbury’s axes 300 jobs as part of cost-cutting drive
Sainsbury’s is set to axe 300 jobs across its store support centres with plans to outsource the roles. First reported by Retail Week, the grocer will outsource the roles to Accenture, impacting employees working in food commercial, finance operations and people services and HR in Sainsbury’s central offices in Manchester,…
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1 April
Tesco to sell £2 lateral flow tests in stores across UK
Tesco has announced it will be selling CTDA-approved lateral flow tests in its stores nationwide from 1 April. Diagnostic healthcare company Everything Genetic has announced a deal which will see lateral flow devices stocked across thousands of Tesco’s stores and online from April 1, as the government moves to end…
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Mar- 2022 -30 March
Tesco installs EV chargers at 500 stores
Tesco has announced it has expanded its free electric vehicle (EV) charging network to 500 stores nationwide, with Inverness Extra marking the 500th store as the network boosts local infrastructure. The announcement comes as usage over the chargers has surged by 300% over the past year. Free charging sessions on…
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29 March
Iceland reintroduces palm oil ‘with regret’ amid rising prices
Iceland has reintroduced palm oil “with huge regret” after sunflower oil has become “totally unobtainable” amid the ongoing Ukraine crisis and consequent rising food prices. In a blog post, Richard Walker, managing director of Iceland, said an unintended consequence of the war is the scarcity of sunflower oil. Ukraine and…
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29 March
Asda profits surge 42% as Covid disruption eases
Asda has reported its operating profits increased 42% year-on-year from £486.5m to £693.1m in FY21 following a reduction in Covid-related costs. The company’s revenues for FY21, excluding fuel, increased to £20.42bn, up 0.6% year-on-year and up 4.3% on a two-year basis. Additionally, revenues in the fourth quarter (Q4), excluding fuel,…
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28 March
Lidl to create over 1,200 warehouse jobs by 2025
Lidl GB has announced that it will be creating more than 1,200 new warehouse jobs by the end of 2025 as it begins recruitment for its new Regional Distribution Centre (RDC) in Luton. Despite the pandemic, construction began on Lidl’s new 1.2 million sq ft distribution centre in Luton last…
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25 March
Morrisons announces delivery partnership with Gopuff
Morrisons has announced a multi-year partnership with Gopuff, the goods and food delivery company, which will see the supermarket’s fresh food, own-brand and branded products available to customers on the Gopuff platform. The partnership launches today and customers across the UK can order food and grocery items from Morrisons for…
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