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.
-
Mar- 2024 -20 MarchSupermarkets
Tesco to change Clubcard logo after losing Lidl legal battle
The Court of Appeal has agreed in favour of Lidl in the dispute between the German discount chain and Tesco, whose Clubcard Prices logo has been found to infringe on Lidl’s copyright. As a result, Tesco has been told to stop using its Clubcard Prices logo after losing the legal…
Read More » -
19 MarchNews
Today’s news in brief-19/3/24
Castore has secured the Umbro Pro Team Sports licence. This strategic move positions Castore as an exclusive marketer of Umbro products in several European countries, including the UK, Germany, and the Netherlands. Through this partnership, Castore aims to capitalise on Umbro’s heritage and authenticity in football culture, targeting a new…
Read More » -
19 MarchSupermarkets
Asda launches new staff benefits as it confirms pay rise
Asda has launched two new benefits for staff and confirmed that its proposal to raise retail pay rates to £12.04 per hour has been accepted by employees. The benefits include Care Concierge, which is managed by Legal and General and offers expert assistance in later-life care for loved ones, while…
Read More » -
18 MarchNews
Today’s news in brief-18/3/24
The Saudi PIF, along with Kering, is reportedly eyeing a stake in Selfridges as the store’s co-owner, Central Group, faces financial struggles due to the collapse of its Austrian partner, Signa. The potential deal, valued around £2bn, is complicated by legal proceedings in Austria. Selfridges reported a narrowed loss and…
Read More » -
18 MarchSupermarkets
Sainsbury’s CEO apologises as tech issues hit online deliveries
Sainsbury’s CEO Simon Roberts has apologised to the supermarket’s customers after a software glitch impacted contactless payments, leaving thousands without their food orders. The grocer said that a technical glitch had affected its ability to to fulfil the majority of online deliveries on Saturday (16 March), as customers slammed its…
Read More » -
15 MarchNews
Aldi celebrates successful partnership with Company Shop Group
Aldi is celebrating a “significant milestone” in its partnership with surplus food and household products redistributor, Company Shop Group. In the past year, Britain’s fourth-largest supermarket has now donated two and a half million meals from its regional distribution centres across the UK through Company Shop Group, saving an estimated…
Read More » -
15 MarchShopping Centres
St Johns Shopping Centre store sales spike 32% in February
St Johns Shopping Centre in Liverpool has reported that store sales rose by 32% in February, compared with the previous year. According to management at the shopping centre, it has outperformed national and regional footfall trends, as total footfall rose 5.3% last month – ahead of the national average of…
Read More » -
13 MarchSupermarkets
Morrisons posts £1.1bn loss as debt payments rise
Morrisons has posted a loss before tax of £1.1bn for the year ended 29 October 2023 as its debts increased as a result of its takeover by Clayton Dubilier and Rice. The company saw its finance costs rise to £735m, up from £593m in the same period last year. These…
Read More » -
12 MarchNews
Sainsbury’s opens new store at Meols Cop Retail Park
Sainsbury’s has now opened a new 80,000 sq ft supermarket at Meols Cop Retail Park, Southport. The redevelopment of the site took ten years, and the overall cost of the scheme was over £30m. The scheme compromised the extensive redevelopment of an existing retail park with a new purpose-built store…
Read More » -
12 MarchSupermarkets
Aldi raises hourly pay for second time this year
Aldi has raised its pay for store colleagues for the second time this year to the new national minimum rate of £12.40 an hour for store assistants and deputy store managers, taking the position as the highest level of entry pay ever to be paid by a British supermarket. This…
Read More »
