Supermarket

Sainsbury’s set to hit upper half of guidance despite PBT drop

Sainsbury’s has announced that it expects to hit the upper half of its full year guidance of between £670m and…

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Asda acquires EG Group’s UK business for £2bn

Asda has completed its acquisition of EG Group’s UK business in a deal valued at £2bn.  The move has seen…

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Tesco names Matthew Barnes as new UK CEO

Tesco has announced the appointment of Matthew Barnes as its new UK CEO effective from March 2024, following news that…

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Today’s news in brief-24/10/23

Furniture retailer ScS has agreed to be acquired by Italian brand Poltronesofà in a £99.4m deal. This acquisition, representing a…

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Lidl becomes third largest supermarket in London

Lidl GB has overtaken Asda to become the third largest supermarket in London with a market share high of 9.1%,…

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Asda appoints new VP of marketing

Asda has appointed Adam Zavalis as its new vice president of marketing. Zavalis joins the supermarket in November and will…

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Grocery sales stabilise helped by supermarket loyalty scheme discounts

Total Till sales at UK supermarkets experienced sustained growth (+9.1%) in the last four weeks ending 7 October 2023, according…

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Aldi to open 12 new stores before Christmas

Aldi has revealed that it plans to open 12 additional stores across the country before the end of the year. …

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Tesco to hire 30,000 people ahead of Christmas season

Tesco is planning to recruit 30,000 temporary workers across the UK to help customers during the busy Christmas period.     The…

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Sainsbury’s to create 22,000 seasonal roles

Sainsbury’s is creating 22,000 additional seasonal roles ahead of Christmas trading, including 2,000 new roles at Argos. The supermarket said…

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