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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Apr- 2024 -16 AprilSponsored Articles
Morrisons revolutionises coupons with digital clearing technology powered by savi
savi is delighted to announce the roll-out of its digital coupon-clearing technology into Morrisons, one of the UK’s top supermarket chains. A spokesperson at Morrisons said: “Our partnership with savi supports Morrisons’ commitment to using digital technology to provide easy, accessible, and convenient services for customers. Giving shoppers the power…
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12 AprilNews
Tesco launches ‘Best of British’ online section
Tesco has launched a dedicated ‘Best of British’ page on its groceries website, making it easier for customers across the UK to shop British grown and produced food, and support British farmers and producers. The site will bring together more than 500 British products, including hundreds of locally produced items.…
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10 AprilSupermarkets
Ocado secures funding to boost delivery capabilities
Ocado has secured a multi-million-pound funding package from Shawbrook to acquire 43 new refrigerated vans, strengthening its delivery capabilities across the UK. The investment comes at a time when the online supermarket is looking to meet increased customer demand. The funding package comes after the retailer’s partnership with commercial finance…
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10 AprilSupermarkets
Tesco profits soar in FY results as inflation eases
Tesco has seen pre-tax profits soar by 159.5% to £2.3bn in its full-year results, up from £882m the prior year, as shoppers began to spend more when price inflation “lessened substantially”. In its preliminary results for the year ended 24 February 2024, group sales were up by 7.4% to £61.5bn,…
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3 AprilNews
Today’s news in brief-3/4/24
Amazon is reportedly discontinuing its Just Walk Out checkout system in US Amazon Fresh stores, opting instead for Dash Carts, which allow shoppers to pay as they shop. The move, announced by Tony Hoggett, Amazon’s senior vice president of grocery stores, aims to enhance customer experience by integrating features like…
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3 AprilSupermarkets
Supermarket sales jump 5.4% in March
Total till sales at UK supermarkets grew 5.4% in the four weeks ended 23 March 2024, according to data from NIQ. Whilst this is a slight increase compared with the 5.3% growth reported last month, the drop in food inflation (3.7%) compared with 15% last year has encouraged shoppers to…
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3 AprilSupermarkets
Aldi aims to invest over £380m in price cuts in 2024
Aldi has pledged to cut more prices than ever before in 2024 despite already investing more than £125m to reduce prices on around 500 products since the start of the year. In a bid to “never be beaten on price”, the group stated that it is planning to continue cutting…
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Mar- 2024 -27 MarchNews
Today’s news in brief-27/3/24
Fashion giants ASOS, Boohoo, and George at Asda have pledged to overhaul their green marketing tactics following a Competition and Markets Authority (CMA) investigation. The CMA’s scrutiny was prompted by concerns of greenwashing in the fashion industry. The firms will now ensure that their green claims are clear, specific, and…
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27 MarchSupermarkets
Aldi to open 35 new stores this year
Aldi is planning to open 35 new stores across the UK this year, including new stores that are set to open in both Preston and Derby later this month.It follows the opening of stores in Skelmersdale and Newport earlier this year, with new openings also planned in towns such as…
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26 MarchNews
Today’s news in brief-26/3/24
Asos reported an 18% decline in sales during the first half of fiscal year 2024, yet maintained its profit guidance. Despite the sales dip, Asos showcased strong free cash flow performance, reaching £20m, its best since FY17. CEO José Antonio Ramos Calamonte highlighted the company’s progress in implementing its ‘Drive…
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