Supermarket

Today’s news in brief-7/12/23

Kelso, an activist shareholder in THG, has intensified its campaign for THG to clarify its plans to separate its three…

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Castle Quarter signs first Korean supermarket in Norwich

Castle Quarter, Norwich’s social, leisure and lifestyle destination, is to be the home of Norwich’s first dedicated Korean supermarket, Itaewon,…

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Morrisons and M&S made ‘unlawful’ land deals to block rivals, CMA finds

The Competition and Markets Authority (CMA) has taken action after finding that Morrisons and Marks and Spencer made unlawful anti-competitive…

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December to see £13bn in grocery sales for first time, Kantar says

Take-home grocery sales are expected to surpass £13bn for the first time ever this December, according to marketing data and…

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Today’s news in brief- 1/11/23

Matthew Moulding, the founder of THG, has acquired a 3.2% stake in Kelso Group, a shareholder critical of THG’s business…

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Aldi invests £12m to lower the price of more than 180 products

Aldi has announced it is investing £12m to lower the prices of over 180 of its products. Its latest move…

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Co-op opens purpose-built store in Aberdeen

Co-op has opened its newest purpose-built, 4,000 sq ft store in Aberdeen’s King Street, creating 15 local jobs.  The store…

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Today’s news in brief-16/11/23

Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share price. Mars sees cultural…

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Iceland posts £17m full-year loss amid soaring energy prices

Iceland has fallen to a loss of £17.1m in its latest full-year results following a “wholly unprecedented” rise in global…

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UK supermarkets sales rise 8.7% despite cautious consumer spending

Total Till sales at UK supermarkets increased 8.7% in the last four weeks ending 4 November 2023, according to new…

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