Iceland

THG hits FY expectations despite Q4 sales decline

THG has reported a decline in Q4 sales across some divisions, but remains on track to meet full-year expectations having…

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Today’s news in brief-21/1/25

Aldi has announced a significant pay increase for its store assistants, setting a new minimum hourly rate of £12.71, rising…

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Frozen food to see ‘meteoric rise’ in 2025, Iceland predicts

Iceland has forecast a rise in the popularity of frozen food, which will become a “big focus” in 2025 as…

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Average household supermarket spend hit £460 this Christmas, Kantar finds

Household spending on take-home groceries hit a record high this Christmas at £460 on average, according to the latest data…

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Supermarket sales to hit £13bn over Christmas

Supermarket sales are expected to exceed £13bn over the four weeks of December for the first time ever, according to…

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Morrisons to invest £7m in Channel Island convenience stores

Morrisons has revealed its acquisition of 36 convenience stores in Jersey, Guernsey and Alderney from SandpiperCI has now been completed…

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Supermarket sales hit 2024 high as shoppers ready for Christmas

Take-home sales at the grocers increased by 2.0% over the four weeks to 3 November 2024 to reach £11.6bn, making…

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Asda appoints interim vice president of online

Asda has announced the appointment of Barney Burgess as vice president of online on an interim basis until David Devany…

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Asda bolsters leadership team with new senior hires

Asda has appointed two new senior leaders to help drive its growth ambitions in 2025. The supermarket giant has named…

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Today’s news in brief-12/9/24

John Lewis Partnership reported a significant improvement in financial performance, narrowing pre-tax losses to £30m from £59m. Total revenue rose…

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