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.
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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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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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12 AugustHigh Street
Pret hands out body cams to staff amid rise in retail crime
Pret A Manger has dished out body cameras to its staff amid a surge in shoplifting cases and attacks on retail workers in the wake of the pandemic, according to the Telegraph. The coffee shop chain has reportedly launched a trial of the body-worn cameras in six of its London…
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Jul- 2024 -25 JulyNews
Lidl to invest £1.5bn in beef industry over next five years
Lidl GB has committed to invest £1.5bn into the British beef industry over the next five years, as part of its wider commitment to sourcing 100% British beef. The supermarket is launching the Sustainable Beef Group to support farmers transitioning to sustainable practices. Those in the group will be rewarded…
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24 JulySupermarkets
Hot weather and Euros help boost grocery sales
Total Till sales at UK supermarkets improved +3.6% in the last four weeks ending 13 July 2024, up from 1.1% in the previous month, as the arrival of hot summer weather and the Euros helped boost performance, according to new data released today by NIQ. Promotions also helped to drive…
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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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19 JulyNews
Aldi tops Britain’s ‘most popular’ supermarket poll
Aldi has been named as the nation’s “most popular” supermarket, according to new polling data from YouGov for the three months to June 2024. The supermarket has maintained its leading position since July 2023, ranking ahead of its Big Four rivals, as well as M&S and Lidl. The most popular…
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12 JulySupermarkets
GCA warns Amazon it must comply with Groceries Supply Code of Practice
The Groceries Code Adjudicator (GCA) has told Amazon that it must take “swift and comprehensive” action to demonstrably comply with the Groceries Supply Code of Practice in its new 2024 annual survey. According to the GCA’s 2024 annual survey, while the number of suppliers experiencing a code issue fell from…
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