Lidl
This coverage examines Lidl’s activities and growth in the UK retail sector, highlighting store openings, pricing strategies, financial performance, leadership changes, and marketing campaigns. Reporting focuses on how Lidl competes in the grocery market and shapes customer expectations, offering retail managers and executives insights into its operations and market impact.
-
Dec- 2023 -5 DecemberNews
Today’s news in brief-5/12/23
Independent luxury retailer Jules B is reportedly contemplating a Company Voluntary Arrangement (CVA) following a ransomware attack that occurred in September. The MD and co-founder, Julian Blades, has sought assistance from KSA Group to navigate through the financial challenges. The retailer aims to focus more on its website, which constitutes…
Read More » -
5 DecemberSupermarkets
December to see £13bn in grocery sales for first time, Kantar says
Take-home grocery sales are expected to surpass £13bn for the first time ever this December, according to marketing data and analytics company Kantar. It comes as its latest figures found that sales grew by 6.3% over the four weeks to 26 November 2023 to reach £11.7bn. Kantar said the cost…
Read More » -
Nov- 2023 -30 NovemberNews
Lidl set for ‘record-breaking’ Christmases amid 11% customer increase
Lidl GB is anticipating a “record-breaking” Christmas, after reporting an 11% uptick in customers over the past six weeks. The update comes as Lidl GB’s CEO revealed that shoppers started planning and preparing for the festive season early this year, with two mince pies selling every second since September. The…
Read More » -
30 NovemberClothing & Shoes
Clarks appoints Clarke Willmott to support national portfolio
Clarks has appointed law firm Clarke Willmott to its panel of legal advisors to support the management of the national retail portfolio and legal matters throughout England and Wales. Clarke Willmott will be advising on property issues for the business that designs, manufactures, and sells more than 40 million pairs…
Read More » -
15 NovemberNews
Today’s news in brief-15/11/23
Central Group, a Thai conglomerate and co-owner of Selfridges, has reportedly become the largest shareholder by converting a €364m loan into equity. This move follows reports of financial troubles at Signa Group, the other key shareholder. Restructuring efforts were initiated due to rising borrowing costs and falling property valuations. Selfridges,…
Read More » -
15 NovemberSupermarkets
UK supermarkets sales rise 8.7% despite cautious consumer spending
Total Till sales at UK supermarkets increased 8.7% in the last four weeks ending 4 November 2023, according to new data released today by NIQ . This growth is against the backdrop of slowing inflation and an increase in promotional activity (24%, up from 21% last year) by supermarkets as…
Read More » -
14 NovemberSupermarkets
Lidl reduced food waste by 43% since 2016, report finds
Lidl has reduced its food waste by almost half (43%) since 2016, according to the retailer’s fourth ‘Good Food’ report, which means that the retailer is on track to hit its 50% reduction target by 2030. According to Lidl, providing more meals to charity has helped reach this milestone. Last…
Read More » -
14 NovemberSupermarkets
Sainsbury’s, M&S and Currys call for business rates freeze
Supermarket retailers such as Sainsbury’s, M&S and Currys have urged the chancellor to freeze business rates for all retail businesses at the forthcoming Autumn Statement. According to the British Retail Consortium, as things stand, business rates for retailers in England alone will increase by 6.7% next April, which represents an…
Read More » -
13 NovemberNews
Ikea owner snaps up Brighton shopping centre
Ikea’s owner Ingka Group has reportedly acquired Brighton’s Churchill Square Shopping Centre, According to The Guardian. The £145m deal will see the furniture retailer converting Brighton’s Churchill Square Centre into a new Ikea store, which is expected to open within two years. The latest acquisition comes three years after the…
Read More » -
8 NovemberNews
Today’s news in brief-8/11/23
JD Sports is facing scrutiny over a £3.5m non-compete deal with its former CEO, Peter Cowgill. This agreement, signed in September of the previous year, was intended to prevent Cowgill from working with or advising competitors for the next two years. However, it has come to light that Cowgill has…
Read More »
