Supermarket

Morrisons slashes debt by £2.4bn following restructuring

Morrisons has announced a substantial reduction in its debt following a major restructuring process, lowering debt by £2.4bn.  In an…

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Asda sales lag behind other major supermarkets, new data finds

Asda was found to trail behind all other major UK supermarkets with a 3.5% decline in sales and a 1%…

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M&S overtakes Waitrose in Middle England ahead of Christmas

Marks and Spencer has overtaken Waitrose for the first time in Middle England ahead of the Christmas season, according to…

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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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Sainsbury’s CEO warns NI contributions will cause spike in prices

Sainsbury’s CEO Simon Roberts has warned that the rise in employer’s national insurance contributions announced in the Autumn Budget will…

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Asda to cut 475 head office roles and reduce hybrid working

Asda has confirmed that it is set to cut 475 jobs from its head offices in Leeds and Leicestershire, whilst…

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Aldi to open 11 new UK stores ahead of Christmas

Aldi is set to open 11 new stores across the UK between now and Christmas. New stores in Sedgley in…

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Sainsbury’s becomes first grocer to match Aldi prices in convenience stores

Sainsbury’s has announced that it has extended its Aldi price match scheme into its convenience stores, becoming the first supermarket…

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Asda raises £4m for primary schools across UK

Asda’s Cashpot for Schools initiative, launched on 2 September, has raised £4m for primary schools across the UK. The industry-first…

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Today’s news in brief-28/10/24

Mike Ashley, founder of Frasers Group, has indicated readiness to step into the CEO role at Boohoo to initiate a…

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