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.
-
Nov- 2024 -6 NovemberSupermarkets
Aldi to open 11 new UK stores ahead of Christmas
Aldi is set to open 11 new stores across the UK between now and Christmas. New stores in Sedgley in the West Midlands and Castle Douglas in Scotland are set to open this week, while Horsham in West Sussex and Muswell Hill in London are also gearing up to welcome…
Read More » -
4 NovemberNews-In-Brief
Today’s news in brief-4/11/24
Asda co-owner Mohsin Issa and partner Victoria Price have taken a substantial stake in the Manchester-based secondhand clothing platform GoThrift through their new investment fund, Boulder Investco. Established to support high-growth UK startups, Boulder Investco has also committed £10m to the Liverpool-based protein supplement company Applied Nutrition. Issa, a key…
Read More » -
4 NovemberSupermarkets
Sainsbury’s becomes first grocer to match Aldi prices in convenience stores
Sainsbury’s has announced that it has extended its Aldi price match scheme into its convenience stores, becoming the first supermarket to do so. The price match offer is now available for all Sainsbury’s customers whether shopping online or in one of over 1,400 stores. It includes daily staples like milk,…
Read More » -
Oct- 2024 -15 OctoberClothing & Shoes
Footasylum appoints CCO and senior buying director
Footasylum has announced the appointments of Will Van Rensburg as chief commercial officer and Glen Wilkinson as senior buying director. Van Rensburg joined Footasylum in September and brings a wealth of experience from key leadership roles at prominent retailers, including Clarks Ltd, Under Armour, PVH, and Aldi. In his position…
Read More » -
11 OctoberNews-In-Brief
Today’s news in brief-11/10/24
Ikea reported a 5.3% decline in retail sales to €45.1bn (£37.7bn) after implementing significant price reductions across 63 markets. Despite the sales decrease, the strategy led to a 4.5% increase in store visits and a notable 21% rise in online traffic, driven by heightened consumer demand. This period also saw…
Read More » -
11 OctoberSupermarkets
Aldi to recruit 3,500 staff ahead of festive season
Aldi has announced that it is looking to hire 3,500 store colleagues in the lead-up to Christmas. With a wide range of permanent store positions available, Aldi is seeking team members to help replenish stock, assist customers and maintain its high standards of service during the festive period and beyond.…
Read More » -
9 OctoberNews-In-Brief
Today’s news in brief-9/10/24
Shein’s UK arm reported robust financial results for 2023, with revenues climbing 38% to £1.55bn and pre-tax profits doubling to £24.4m. These figures surpass rival Boohoo’s latest annual revenues. The company also announced plans for an IPO in London, pending regulatory approval, to capitalise on its growth momentum and expand…
Read More » -
9 OctoberSupermarkets
Aldi invests over £30m to support dairy farming
Aldi has announced plans to invest over £30m in dairy farmers over the next three and a half years, through an enhanced partnership with Arla, the UK’s biggest dairy cooperative. This extended partnership, set to run until the middle of 2027, will provide additional support to Arla’s farm owners, ensuring…
Read More » -
3 OctoberSupermarkets
Tesco ups FY guidance as sales and profits rise in H1
Tesco has upped its full-year guidance after a period of “strong momentum” and rising profits in its half-year results, with the supermarket’s boss noting the business is “in good shape”. Over the period, retail operating profits rose by 10% to £1.56bn, while statutory operating profits were up by 13% to £1.6bn. …
Read More » -
Sep- 2024 -27 SeptemberSupermarkets
Morrisons Q3 sales jump 2.1% to £3.9bn
Morrisons has announced that its total sales excluding fuel rose 2.1% to £3.9bn for the three months ended 28 July 2024. Alongside this, the company’s like-for-like sales excluding fuel and VAT rose 2.9% primarily driven by volume. Morrisons also added a further 50 products to its Aldi and Lidl Price…
Read More »
