Supermarket

Asda profits plunge 10% due to price cuts aimed to ‘return momentum’

Supermarket giant Asda has reported a 10% drop in profits for the full-year period up until 31 December 2017 attributed…

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Ocado enters FTSE 100, M&S narrowly avoids relegation

Ascendant online supermarket delivery service, Ocado, has secured a position in the FTSE 100, while Marks and Spencer narrowly avoided…

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Grocery market buoyed by hot weather and the royal wedding

The latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 20 May found the hot weather…

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Sainsbury’s new ‘dogsbody’ contract hammered by unions, MPs and staff

Sainsbury’s new contracts which the supermarket says are a ‘boost’ to staff have been accused of bringing in a “dogsbody…

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Tesco to remove ‘best before’ dates to cut down on food waste

Supermarket giant Tesco is to remove ‘best before’ consumption guidance dates from around 70 fruit and vegetable lines to help…

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500 Tesco jobs face the axe amid online ‘refocusing’

Tesco has announced plans to close its Tesco Direct website putting 500 jobs at risk. Tesco Direct’s headquarters and Milton…

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CMA shops around for comments on Sainsbury’s Asda merger

The Competition and Markets Authority (CMA) is investigating the merger between Sainsbury’s and Asda, after inviting interested parties to comment…

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Ocado signs deal with US supermarket Kroger

Online supermarket Ocado has signed a partnership agreement with US grocer Kroger which will see Ocado’s technology used exclusively by…

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Amazon could buy Morrisons amid upbeat results

It has been suggested that Amazon could be buying Morrisons in order to challenge UK supermarkets and the Asda-Sainsbury’s merger,…

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Morrisons announces strong start to 2018

Supermarket giant Morrisons has reported a strong start to 2018, with like-for-like sales increasing by 3.4% during the 13 weeks…

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