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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May- 2024 -31 MayNews
Aldi signs news £750m deal with British apple grower
Aldi has signed a new £750m deal with a family-owned Kent-based fruit farm to continue being the supplier of apples and pears. AC Goatham and Son has supplied Britain’s fourth largest supermarket with a variety of apples and pears since 2016 and was announced earlier last year as Aldi’s sole…
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24 MayNews
Today’s news in brief-24/5/24
In April, retail sales volumes dropped by 2.3% following a 0.2% decline in March, primarily due to ongoing wet weather, as reported by the Office for National Statistics (ONS). Non-food stores experienced a significant 4.1% fall, equalling the largest drop since January 2021, with clothing, sports equipment, and furniture retailers…
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24 MaySupermarkets
Morrisons warehouse staff strike over pensions
Morrisons has warned of disruption as almost 1000 warehouse workers have walked out for the next three days in a row over pensions. Workers at Morrisons distribution centres Gadbrook, Cheshire, and Wakefield, West Yorkshire have begun the first of two strikes. The employees claim that Morrisons is attempting to cut…
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20 MayNews
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 and a 1.4% rise in like-for-like sales. The supermarket chain saw notable growth in its George at Asda clothing line and homewares, with the latter boosted by the new Stacey…
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20 MaySupermarkets
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 the first quarter ended 31 March. The supermarket’s continued growth in total revenues, like-for-like sales and margin improvement in food and non-food includes a particularly strong contribution from George at…
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20 MaySupermarkets
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 to Motor Fuel Group (MFG). According to The Times, Equans EV Solutions, a subsidiary of the giant, which is worth €13bn (£11bn), is suing the supermarket for an alleged breach…
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17 MayNews
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 exclusive retail partnership. Reliance Retail will manage the exclusive retail presence of Asos’s brands both online and offline across India, utilising various retail formats including exclusive brand stores and digital…
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17 MayNews
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 targets including those originating from forests, land and agriculture (FLAG). The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line…
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17 MaySupermarkets
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 to the supermarket. The partnership will aim to improve store operations, drive greater efficiency for colleagues and provide customers with more efficient and effective service. Sainsbury’s will use generative AI…
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17 MaySupermarkets
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, the latest led by chief customer officer David Hills and VP Marketing Adam Zavalis, who joined Asda last year, sees the first introduction of a new brand identity for Asda…
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