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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Apr- 2024 -30 AprilNews
Lidl announces plans to open hundreds of new sites
Lidl has unveiled plans to open hundreds of new stores across the country, creating thousands of new jobs. This follows a year of significant investment in its infrastructure to further strengthen operations, during which Lidl opened its largest global warehouse in Luton. The discounter grocer has also been optimising and…
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29 AprilNews
Today’s news in brief-29/4/24
Ted Baker’s European operations are on the brink of administration, endangering 149 jobs. The potential collapse affects stores and concessions in the Netherlands, Belgium, and Spain. This development follows the appointment of restructuring firm Teneo as administrator of Ted Baker by its owner, Authentic Brands Group, after a £210m acquisition…
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29 AprilPeople Moves
BP appoints convenience retail VP and senior deal manager
BP has announced the appointment of Jo Hayward as VP of mobility and convenience retail and Natalie Cattermole as senior deal manager, as the group looks to grow its UK retail arm. Hayward, the former VP for convenience in Europe at BP, will be replacing Sonya Adams who has been…
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29 AprilSupermarkets
Lidl to invest £500m into British pork
Lidl GB has announced an investment of £500m into the British pork sector as it aims to ensure the continued production of ‘high quality British product”. As the fourth-largest retailer in the fresh pork category with an 11% market share, Lidl said it is taking action to address recent sector-wide…
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26 AprilNews
Today’s news in brief-26/4/24
The Office for National Statistics (ONS) has reported a significant rise in shoplifting offences in England and Wales, reaching over 430,000 cases for the year ending December 2023—an increase of more than a third compared to the previous year. This marks the highest level in two decades. The ONS suggests…
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26 AprilPeople Moves
Co-op appoints new property, development and estates director
Co-op has appointed Rachel Hargreaves as its new director of property, development and estates in a bid to boost its strategic growth plans. Joining Co-op from Lidl GB, Hargreaves’ position involves a focus on ensuring Co-op is at the “forefront of landowners, developers and agents minds as the go-to convenience…
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23 AprilSupermarkets
Supermarket sales jump 3.3% as inflation continues to fall
Overall take-home grocery sales rose by 3.3% over the four weeks to 14 April as grocery price inflation also continued to fall to 3.2%, according to the latest data from Kantar. Kantar said the decline has been aided by a significant increase in promotional spending, with items bought on offer…
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Mar- 2024 -20 MarchNews
Today’s news in brief-20/3/24
UK inflation dropped to 3.4% in February 2024, surpassing economists’ expectations of 3.5%. This decline was mainly attributed to easing food inflation. The prices of bread and cereals rose slightly by 0.3% compared to a significant increase of 2.3% in the previous year, contributing to the overall decrease in food…
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20 MarchSupermarkets
Tesco to change Clubcard logo after losing Lidl legal battle
The Court of Appeal has agreed in favour of Lidl in the dispute between the German discount chain and Tesco, whose Clubcard Prices logo has been found to infringe on Lidl’s copyright. As a result, Tesco has been told to stop using its Clubcard Prices logo after losing the legal…
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5 MarchSupermarkets
Supermarket sales slow as retailers push branded promotions
Total Till sales at UK supermarkets slowed +5.3% in the last four weeks ending 24 February 2024, according to new data released today by NIQ. This is a slight slowdown compared with the +6.6% increase reported last month, a result of food inflation falling to 5%. However, grocery retailers capitalised…
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