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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Jun- 2024 -14 JuneSupermarkets
Tesco maintains guidance and grows market share as Q1 sales rise
Tesco has revealed that its market share has risen to 27.6% in the 13 weeks ended 25 May 2024, as the group welcomed strong volume growth and rising sales over the period. It comes as the supermarket’s sales in the UK and Ireland rose by 3.6% to £14.3bn over the…
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11 JuneNews
Today’s news in brief-11/6/24
One in three Asda staff have reported being attacked at work, according to a survey conducted by the GMB union. The poll of nearly 1,000 Asda employees revealed incidents of being stabbed, punched, threatened with syringes, and other violent acts, including delivery drivers being chased by cars and confronted by…
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7 JuneNews
Today’s news in brief-7/6/24
The British Independent Retailers Association (BIRA) has initiated a £1bn damages claim against Amazon on behalf of UK retailers selling on its marketplace. BIRA accuses Amazon of misusing retailers’ data and manipulating the Amazon Buy Box to divert sales and profits from these retailers to its own business. This claim,…
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7 JuneNews
Lidl announces plans for new distribution centre
Lidl UK has revealed plans for a brand new Regional Distribution Centre (RDC) in Bolton, Greater Manchester, following the freehold acquisition of 43.71 acres at Harworth Group’s flagship Logistics North development. The news of the warehouse marks another multi-million pound investment by the retailer, following a series of recent announcements…
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7 JuneSupermarkets
TDR Capital to become majority owner of Asda as Zuber Issa exits
TDR Capital is set to become the majority owner of Asda, announcing that it has agreed to acquire Zuber Issa’s shares in the supermarket. Mohsin Issa will remain a co-owner in Asda alongside TDR Capital, and the ownership of Asda is now 67.5% by TDR Capital, 22.5% by Mohsin Issa, and…
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7 JuneSupermarkets
Sainsbury’s unveils Klarna partnership
Sainsbury’s has revealed that it has struck a deal with buy-now-pay-later firm Klarna for the use of its product. The deal will see its payment methods available at the online checkouts of three brands; Argos, Habitat and TU. Sainsbury’s customers will be able to choose from Klarna’s three interest free…
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7 JuneNews
Second Morrisons strike called off after improved pay offer
Planned industrial action that was due to take place at Morrisons warehouses in Northwich and Wakefield from 13 June to 16 June has been called off. Between 23 May and 26 May, hundreds of workers in Gadbrook in Cheshire and Wakefield in West Yorkshire had been taking part in strike…
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4 JunePeople Moves
Lidl appoints new marketing director
Lidl GB has announced the appointment of Joanna Gomer as its new marketing director and head of campaign and media, who will replace former director Claire Farrant. The promotion comes after Farrant departed the discount retailer in September 2023 to head up marketing for BP’s mobile and convenience retail business…
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May- 2024 -31 MayNews
Tesco signs new wind farm deal to accelerate renewable energy projects
Tesco has announced it has signed a new deal to take 150GWh of power from Stranoch wind farm every year. The wind farm, being built by EDF Renewables UK, has started construction this week and is due to become operational in 2026 generating 102MW, with 20 turbines located on the…
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31 MaySupermarkets
Supermarkets enjoy 3.3% sales boost in May
Total Till sales at UK supermarkets remained strong at +3.3% growth for the four weeks ending 18 May 2024, according to new data released today by NIQ. This is in line with figures reported last month (+3.4%) and is attributed to the brief period of hot weather during the week…
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