Aldi
This coverage examines Aldi’s strategy, operations, and influence within the UK grocery and discount retail sector. Reporting highlights store expansion, pricing strategy, product innovation, supply chain developments, marketing campaigns, financial results, and leadership decisions. Focused on commercial performance and competitive positioning, it offers insights for professionals managing grocery, discount, and high-volume retail operations.
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Sep- 2024 -9 SeptemberNews
Today’s news in brief-9/9/24
Asos has declined a £215m bid for Topshop from Shein and Authentic Brands Group, choosing instead to proceed with a joint venture alongside Heartland, an investment firm owned by retail billionaire Anders Povlsen. This decision values Topshop and Topman at £180m, with Asos selling a 75% stake for £135m. The…
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9 SeptemberSupermarkets
Aldi announces record £800m investment amid highest ever sales
Aldi has unveiled its largest ever annual investment plan, with a new £800m package that is set to further its expansion across the UK.The supermarket said it also plans to invest £1.4bn into the business over the next two years. It comes as the group welcomed its highest ever period…
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Aug- 2024 -29 AugustNews
Today’s news in brief-29/8/24
Retail footfall in the UK experienced a slight increase of 0.9% from July to August, with shopping centres and retail parks leading the growth. High streets saw a minor decline, initially impacted by summer holidays and protests but later boosted by events like Taylor Swift’s concert. The return to office…
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29 AugustNews
Morrisons cuts prices on over 2,000 products
Morrisons has cut the price of over 2,000 products both online and in-store in a move set to benefit More Card customers. Loyalty card holders will now pay less with their More Card, with new market leading prices applied throughout September to over 2,000 branded and essential items across fridge,…
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15 AugustNews
Today’s news in brief-15/8/24
The UK economy showed resilience with a 0.6% growth in the second quarter of 2024, despite a stagnant June where GDP showed no growth. The Office for National Statistics reported that this growth follows a 0.7% increase in the first quarter. The service sector played a crucial role, expanding by…
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15 AugustSupermarkets
Aldi to retire click-and-collect service
Aldi has revealed it will be discontinuing its click-and-collect offering at the end of this week on 18 August. According to the group, the offering was a trial and had always been under review. By scrapping the service, Aldi said it will be able to focus on running its stores…
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13 AugustNews
Today’s news in breif-13/8/24
UK wage growth has fallen to a two-year low, with wages excluding bonuses growing by 5.4% in the three months ending June 2024, the lowest since 2022, according to the Office for National Statistics. Factoring in inflation, wage growth drops to 3.2%. Public sector pay rose by 6%, while private…
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13 AugustSupermarkets
Sainsbury’s sees biggest market share gain since 1997
Take-home sales at the grocers rose by 3.8% in the four weeks to 4 August 2024 compared with a year ago, as Sainsbury’s also saw its largest market share gain since 1997, according to the latest data from Kantar. Sainsbury’s market share increased 0.5 percentage points over the 12 weeks…
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Jul- 2024 -31 JulySupermarkets
Aldi to open four new London stores by end of 2024
Aldi has announced it is set to open four new stores in the capital between now and the end of the year. New stores in Leytonstone and Beckton are set to open in the next couple of months, while Holloway Road and Muswell Hill are also gearing up to welcome…
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24 JulyNews
Iceland boss calls for review of supermarkets’ restrictive covenant ban
Iceland managing director Richard Walker has urged the new Labour government to review the ban for supermarkets to use restrictive covenants in property deals. In a LinkedIn post, Walker claimed that “legal tricks” have been used in the past by German-owned supermarkets Aldi and Lidl to prevent competition on retail…
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