Supermarket

Today’s news in brief-20/5/24

Asda reported a robust financial performance for Q1 2024, with a 6.6% increase in total revenues (excluding fuel) to £5.3bn…

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Asda revenues surge to £5.3bn in Q1

Asda has reported a 6.6% increase in total revenues (excluding fuel) to £5.3bn and 1.4% growth in like-for-like sales for…

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French conglomerate sues Morrisons over £2.5bn petrol forecourts deal

Bouygues, a French conglomerate, is reportedly looking to block Morrisons’ £2.5bn deal to sell over 300 of its petrol forecourts…

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Today’s news in brief-17/5/24

Asos is set to enter the Indian market through a new long-term partnership with Reliance Retail, marking Asos’ first country-wide…

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Ocado’s net-zero targets validated by Science Based Targets Initiative

Ocado, the world’s largest dedicated online supermarket, operated by Ocado Retail, is amongst the first grocery retailers to have SBTi-validated…

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Sainsbury’s to bring AI to supermarkets amid Microsoft deal

Sainsbury’s and Microsoft have announced a new five-year strategic partnership to bring the tech company’s AI and machine learning capabilities…

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Asda unveils new brand identity

Supermarket giant Asda has unveiled a new brand identity amid its new creative campaign ‘Serious About Summer’. The new campaign,…

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Tesco CEO pay doubles to almost £10m

Tesco CEO Ken Murphy has seen his pay more than double over the last year, taking home £9.93m, as the…

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The hidden power of retail partnerships

In the retail landscape, collaboration has emerged as a strategic cornerstone for success. From co-branded product launches to joint marketing…

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Asda unveils plans for mixed-use redevelopment in North West London

Asda has unveiled plans for a mixed-use redevelopment of its 10-acre Park Royal site in North West London. The retailer…

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