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.
-
Jan- 2024 -18 JanuaryPeople Moves
Paula Nickolds to leave Sainsbury’s to become CEO of The White Company
Sainsbury’s has revealed its General Merchandise Commercial director, Paula Nickolds, is set to leave the business to become CEO of The White Company. Over the past three years, Sainsbury’s said Nickolds has led much progress across its ‘Brands that Deliver’ strategy, making Argos, Habitat and Tu “considerably stronger” and more…
Read More » -
15 JanuaryNews
Today’s news in brief-15/1/24
Shein, the fast-fashion brand, is reportedly facing delays in its plan to go public on the US stock exchange due to the need for approval from a Chinese regulator. The approval process is expected to be lengthy, and Shein is also expected to face stricter scrutiny from US regulators. The…
Read More » -
15 JanuaryFeatures
Which supermarkets performed the best over Christmas?
According to data from Kantar, Britons made 488 million trips to the supermarkets over the Christmas period, marked out as the four weeks ended 24 December. That number is 12 million more than last year and the largest Christmas period since 2019. This was mildly surprising in a year that…
Read More » -
15 JanuarySupermarkets
Asda trials four-day week in bid to stamp out manager revolt
Asda is trialling a four-day week in a bid to “stamp out revolt” amongst the supermarket’s store managers following a rise in staff turnover, The Telegraph has reported. The business is reportedly looking to rebuild relations with senior staff after ongoing cost cuts and concerns over company culture have led…
Read More » -
12 JanuaryNews
Aldi named most popular supermarket
Aldi has recently been named as the nation’s most popular supermarket, according to new polling data for Q4 2023 from YouGov. In the poll, Aldi maintained its position at the top, ranking ahead of its traditional Big Four rivals, as well as M&S and fellow discounter Lidl. It comes after…
Read More » -
11 JanuaryNews
Today’s news in brief-11/1/24
Marks & Spencer emerged as the top-performing grocer in volume growth during the Christmas period and the quarter. Food sales rose by an impressive 10.5%, with like-for-like sales up 9.9%. Clothing and home sales also experienced growth of 4.8%, attributed partly to reduced promotions. Supply chain improvements contributed to better…
Read More » -
11 JanuarySupermarkets
Tesco ups guidance as sales jump 6.9%
Tesco has announced that its sales increased 6.9% for the 19 weeks ended 6 January 2024 after stronger than expected volume growth in the period. As a result the company now expects a retail adjusted operating profit of around £2.75bn, above its previous guidance range of £2.6bn to £2.7bn The…
Read More » -
9 JanuarySupermarkets
Brits spend record £4.8bn on groceries during Christmas
Sales at the UK supermarkets reached a record breaking £4.8bn during the week ending 23rd December 2023, according to the latest data from NIQ. This is a +4.3% uplift in sales compared with Christmas in 2022 as volumes also increased by 1.2% as shoppers traded up at this busy time…
Read More » -
4 JanuaryNews
Food and health and beauty to perform better in 2024
Food and health and Beauty are expected to be two of the best performing retail categories for 2024, according to predictions from the KPMG/RetailNext Retail Think Tank (RTT), an independent board of retail experts. In its latest 2024 Retail Outlook report, the RTT predicts a return to volume growth in…
Read More » -
3 JanuaryNews
Today’s news in brief- 3/1/24
Asda has appointed Matt Kelleher, former Chief Information Officer at Morrisons, as its first Chief Digital Officer. Kelleher will be responsible for data and ecommerce functions, leading all technology functions after completing the ongoing technology transformation project ‘Future.’ This move is part of Asda’s long-term ambition to become the UK’s…
Read More »
