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 -15 MaySupermarkets
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 supermarket saw its profits soar. Murphy, who took home a pay packet of £4.44m the year prior, saw his pay boosted by £4.91m as a result of his performance share…
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13 MayFeatures
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 campaigns and shared retail spaces, partnerships are not just a trend but a transformative force driving innovation and growth. In the UK, retailers are harnessing the power of collaboration to…
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13 MayProperty
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 has partnered with property developer Barratt London on plans to redevelop the Brownfield site which is currently home to its Park Royal Superstore. The proposal, which is subject to planning…
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9 MaySupermarkets
CMA calls on grocers to prioritise accurate pricing
The Competition and Markets Authority (CMA) has called on grocers to prioritise accurate pricing following a review of the way in-store prices are displayed. The review, which looked at the price marking practices of 139 grocery stores, assessed whether prices were “clear, accurate and matched the price people were charged…
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9 MaySupermarkets
‘Era of cheap food is over’, Waitrose boss claims
James Bailey, the executive director of Waitrose has told The Telegraph the “era of cheap food is over”, as the supermarket chain is due to reveal a new initiative to support British farmers in the move to regenerative agriculture. It is understood that the move will make the supermarket the…
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7 MayNews
Aldi named UK’s cheapest supermarket in April
Aldi was officially the UK’s cheapest supermarket in April, according to the latest findings from consumer group Which?. Despite claims from the traditional supermarkets to price match Aldi on a limited number of products, Aldi has once again been named as the UK’s cheapest supermarket. Consumer group Which? conducted its…
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3 MaySupermarkets
Asda successfully refinances £3.2bn of debt
Asda has announced that it has refinanced £3.2bn of debt pushing out the majority of its maturities into the next decade. The refinancing included the biggest Sterling high-yield bond this year and the second-largest sterling bond in the European leveraged finance market. Asda also successfully extended the maturity of its…
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2 MayNews
Today’s news in brief-2/5/24
Total supermarket sales growth in the UK slowed to 3.4% in the four weeks ending April 20, down from the previous month’s 5.4%, as per NIQ data. This decline is attributed to easing inflation, an earlier Easter, and decreased general merchandise sales. Despite lower food inflation, food prices remained high…
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2 MaySupermarkets
Supermarket sales growth slows to 3.4% as inflation eases
Total Till sales across UK supermarkets slowed to a growth of 3.4% in the four weeks ending 20 April, down from a growth of 5.4% reported the prior month, according to new data from NIQ. The slowdown in sales comes as inflation eased in April, with sales also affected by…
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1 MayNews
Aldi seeks input from public to find new locations
Aldi has launched a new nationwide initiative to pinpoint “prime” locations for new store openings. Recognising the invaluable input of its customers, the UK’s fourth-biggest supermarket is calling on the nation to help it identify where in Britain needs new Aldi stores most. The areas which have the most suggestions…
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