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 -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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Apr- 2024 -30 AprilNews
Lidl announces plans to open hundreds of new sites
Lidl has unveiled plans to open hundreds of new stores across the country, creating thousands of new jobs. This follows a year of significant investment in its infrastructure to further strengthen operations, during which Lidl opened its largest global warehouse in Luton. The discounter grocer has also been optimising and…
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26 AprilNews
Aldi moves to 100% recycled plastic on soft drink and water bottles
Aldi has moved to 100% recycled plastic for its own-brand soft drinks and bottled water range in England and Wales. The move, which is rolling out across all products found in the soft drinks section of its stores, makes Aldi the first UK supermarket to shift its entire own-label soft…
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23 AprilSupermarkets
Supermarket sales jump 3.3% as inflation continues to fall
Overall take-home grocery sales rose by 3.3% over the four weeks to 14 April as grocery price inflation also continued to fall to 3.2%, according to the latest data from Kantar. Kantar said the decline has been aided by a significant increase in promotional spending, with items bought on offer…
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23 AprilSupermarkets
Grocery regulator to monitor Tesco over fees for online suppliers
The UK’s supermarket regulator is reportedly keeping a close eye on Tesco since it imposed a fulfilment fee for online suppliers that is similar to Amazon, according to the Times. The Grocery Code Adjudicator has been monitoring the supermarket chain and put in place “assurance” processes after it stated last…
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22 AprilNews
Today’s news in brief-22/4/24
Investors from the Middle East and China are eyeing Selfridges following Signa’s financial struggles, leading to restructuring and insolvency. Central Group, a co-owner, is seeking to buy out Signa’s stake, with potential partnerships being explored with sovereign wealth funds and tycoons. Notable entities like Saudi Arabia’s Public Investment Fund and…
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22 AprilOnline & Digital
Ocado shareholders call for switch to New York stock market
Ocado is reportedly facing pressure from shareholders to abandon the London stock exchange in favour of the New York market, according to The Telegraph. The outlet said that in recent weeks investors including a fund manager, have told management they would like to see the possibility of a listing in…
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22 AprilNews
Tesco boss to receive record £10m pay packet
Tesco’s chief executive Ken Murphy is set to receive a £10m pay this year, according to The Times. The unprecedented sum will come from his £1.4m salary, an annual bonus of up to £3.6m and a share-based bonus worth £5.1m in June. The payout, which is more than double his…
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22 AprilSupermarkets
Asda profits soar 24% to £1.1bn amid sales boost in FY23
Asda has seen adjusted EBITDA after rent soar by 24% to £1.078bn in FY23, largely driven by like-for-like sales growth and the impact of strategic acquisitions, after the group welcomed four consecutive quarters of growth.For the year ending 31 December 2023, like-for-like sales (excluding fuel) rose by 5.4%, which Asda…
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