Supermarkets
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Jun- 2025 -2 June
Tesco to trial shorter trading hours at Express stores
Tesco is reportedly looking to close a selection of its convenience-format stores an hour earlier than usual, according to The Telegraph. This potential change is said to be due to a £235m increase in staff costs following adjustments to National Insurance contributions, which came into effect in April. As a…
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May- 2025 -30 May
Discounters win out as grocery sales growth slows to 3% after Easter
Total Till sales growth slowed to +3% at UK supermarkets in the last four weeks ending 17 May 2025, following +9.6% recorded last month following a boost in Easter sales, according to new data released by NielsenIQ (NIQ). NIQ said the lower growth rate is a “reset” as shoppers reign…
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30 May
Aldi to open 10 new stores this summer
Aldi is set to open 10 new stores over the next 14 weeks, while a further 30 stores will undergo a refresh. The UK’s fourth-largest supermarket, which now has more than 1,050 stores, will open new locations in Oldbury in the West Midlands, Fulham Broadway in London and Brighouse in…
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30 May
Asda Q1 revenues fall 5.9% to £5bn
Asda has seen its total revenues fall 5.9% year-on-year to £5bn, excluding fuel, for the first quarter to 31 March, but revealed that it is seeing “green shoots” in its sales performance. While like-for-like sales during the period declined by 3.1%, this represents a 1.1% improvement on the fourth quarter…
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28 May
Aldi launches virtual work experience programme for young people
Aldi has introduced a virtual work experience programme for young people that is designed to build skills and introduce students to a wide range of retail careers. The free online course is open to students in the UK aged 13 and over, and will guide young people on roles from…
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27 May
M&S to open 12 new stores in former Homebase sites
Marks and Spencer is set to open 12 brand new food stores on former Homebase sites across England, in a move that will create over 550 new jobs. The openings form part of M&S’s store rotation and renewal programme, which aims to create 420 “bigger, fresher” food stores and transform…
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23 May
Co-op to roll-out smart electronic shelf labels
The Co-operative Group (‘Co-op’) has partnered with VusionGroup to replace paper shelf edge labels in store with electronic shelf edge labels, across its store estate. The convenience retailer is working with VusionGroup to roll-out the innovative technology across its near 2,400 stores. It said the electronic labels will offer enhanced clear, accurate and transparent product…
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23 May
Tesco UK CEO steps down after only a year in role
Tesco has announced that UK CEO Matthew Barnes has stepped down after only one year in the role to “pursue other opportunities”. The supermarket has announced that he will be replaced by Ashwin Prasad, Tesco’s current chief commercial officer, effective from 30 June. Prasad has been a member of Tesco’s…
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21 May
Asda plans to offload 20 stores in £400m deal to raise cash
Asda is reportedly set to sell around 20 supermarket stores in a bid to raise £400m as it aims to generate more cash for the business, according to the Telegraph. The news comes amid reports first published by Green Street News, that Asda plans to offload the stores and lease…
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21 May
M&S warns of £300m profit hit following cyber attack
Marks and Spencer has reported its highest profits in over 15 years, with pre-tax profits up by 22.2% to £875.5m in its full-year results, but has warned it faces a £300m hit to next year’s profits amid ongoing disruption from a major cyber attack. In the year ended 29 March…
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