Supermarkets

Poundstretcher returns to profit in FY21

Discount retailer Poundstretcher has reported a swing to £30m pre-tax profits in FY21, up from losses of £49.5m the previous…

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Morrisons battle set to be decided with auction

The bidding war between rival US private equity firms for the ‘Big Four’ grocer Morrisons is reportedly set to be…

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Tesco calls for apprenticeship reform

A reform to the Apprenticeship Levy could lead to an additional 8,000 new apprenticeships across the retail sector every year,…

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Co-op partners with The Original Factory Shop on 30 concessions

Co-op has announced a new partnership with The Original Factory Shop to open 30 concessions inside the convenience retailer’s food…

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Asda Q2 revenues top £5bn

Asda has reported a 3.1% two-year increase in revenues excluding fuel to over £5bn during its latest quarter ending 30…

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NI Lidl store reopens after £5m investment

A Northern Ireland Lidl store has announced its reopening at Buttercrane Shopping Centre in Newry after a £5m expansion investment.…

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Issa brothers plan to open 300 Asda convenience stores

Asda’s new owners, the Issa brothers’ are reportedly planning to open more than 300 convenience stores under the supermarket’s name…

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Sainsbury’s mulls sale of banking arm to Centerbridge

J Sainsbury is reportedly mulling the sale of its banking arm to US-based private equity firm Centerbridge Partners for a…

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Man charged with food contamination at London grocery stores

A 37-year old man has been charged with contaminating or interfering with goods with intent at three supermarkets in West…

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EG Group revenues soar 57.7% in Q2

Blackburn-based retail giant EG Group saw total revenues soar 57.7% year-on-year to $6.51bn (£4.75m) in Q2 FY21. The new Asda…

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