Supermarket
This coverage examines the supermarket sector within UK retail, focusing on store operations, pricing strategies, product innovation, supply chain efficiency, financial performance, and leadership decisions. Reporting provides insights into competitive dynamics, shopper behaviour, and strategic initiatives shaping grocery and high-volume retail. Tailored for executives and managers, it supports effective decision-making in a fast-moving market.
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Jul- 2024 -10 JulyNews
Whole Foods Market and BasicNet signs retail units in Chelsea
Whole Foods Market and BasicNet have recently signed as new tenants at the One Twenty King’s Road development in Chelsea, London. The development, which has been built from the formerly out of date Kings Walk Shopping Centre, has increased the net area from 55,000 sq ft to 84,000 sq ft…
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10 JulyNews
Timpson CEO steps down to focus on new ministerial role
Timpson CEO James Timpson has stepped down from his role at the shoe repair chain company after being recently appointed as minister for prisons, parole and probation. In a statement shared on LinkedIn, his father Sir John Timpson CBE said that as a result of his son’s decision to focus…
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8 JulyNews
Asda publishes latest ESG report
Asda has today (8 July) published its 2023 Brighter Living Report – its fourth report updating on the progress made towards its Environmental, Social and Governance (ESG) targets in the last calendar year. In the “carbon” section, key updates from the report include continued reduction in carbon emissions (scope 1-3),…
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8 JulySupermarkets
Asda scraps four-day work week trial
Asda has reportedly scrapped its trial of a four day work week after staff were left exhausted, according to reports from The Telegraph. Under the trial, employees in 20 of its stores worked a usual 44 hour work week in four days rather than five. However, many staff complained that…
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4 JulyNews
Tesco staff to receive £30m pay out from share scheme
More than 20,000 Tesco employees are set to receive a £30m bumper pay out after the strong performance of the Tesco Save as You Earn colleague share schemes. The windfall is created by the strong growth of the Tesco share price, which reached £3.06 earlier this week. Employees who joined…
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3 JulyNews
Asda appoints VP for ecommerce
Asda has appointed David Devany as vice president for ecommerce as it looks to further strengthen its leadership team to deliver against its long-term growth strategy. Devany will join the supermarket in due course from Iceland Foods, where he has held the role of group chief customer, marketing and digital…
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2 JulySponsored Articles
Beyond the basket – driving new revenue streams with embedded finance
Embedded finance is an attractive proposition that can complement retailers’ existing business, increase engagement and drive loyalty. As well as helping remove friction from the customer journey by offering credit options at the point of sale and streamlining the payment process, embedded finance can also help retailers foster longer-term relationships…
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Jun- 2024 -26 JuneNews
Today’s news in brief
Former BHS owner Dominic Chappell has been ordered to pay at least £50m by a High Court judge for the losses incurred by the high street chain before its collapse. Chappell, who bought BHS for £1 from Philip Green, faces charges from liquidators for wrongful trading, misfeasance, and breach of…
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24 JuneNews
Today’s news in brief-24/6/24
Shein’s plans for a £50bn flotation in London are under threat due to mounting concerns from Chinese officials over negative portrayals of the company in the UK. The British Fashion Council has expressed significant reservations about Shein’s business practices, particularly around labor exploitation. Although the company is based in Singapore,…
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24 JuneSupermarkets
Iceland launches ‘supermarket manifesto’
Iceland Foods has launched its first-ever supermarket manifesto ‘Frozen Out’’, designed to give customers a voice as the country heads towards the general election. Featuring findings from a survey of more than 6,500 customers, and colleague and customer listening panels at stores up and down the country, the manifesto will…
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