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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Sep- 2023 -26 SeptemberSupermarkets
Aldi to offer staff body cameras amid shoplifting rise
Aldi chief executive Giles Hurley has announced that the company will be offering staff body cameras in a bid to deter would-be shoplifters. Hurley confirmed that the plan was being trialled in a number of Aldi stores as the amount of shoplifting continues to rise. He also stated that body…
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25 SeptemberPeople Moves
BP appoints new VP of marketing for Europe retail team
BP has announced the appointment of Claire Farrant as its new VP of marketing for the mobility and convenience retail business in Europe. Farrant previously served as marketing director at Lidl UK, where she played a part in expanding the grocer’s market share in the UK’s supermarket sector. In her…
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25 SeptemberSupermarkets
Aldi to invest £1.4bn in UK-wide expansion
Aldi has announced that it would increase its rate of investment in the UK in the next two-year period to more than £1.4bn, as annual sales increased by almost £2bn to £15.5bn in the year to December 2022. The discount retailer’s investment will include work to expand its distribution and…
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22 SeptemberNews
Today’s news in brief-22/09/23
The Co-operative Group (Co-op) has reported £43m in underlying profits for the first half of the year, a notable improvement from the £1m loss in the prior year. This surge is attributed to efficient cost-saving measures, including annualised savings of £101m from 2022, along with further H1 2023 savings. Operational…
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22 SeptemberOnline & Digital
Ocado shares suffer worst fall in 11 years
Online supermarket Ocado saw its shares plummet 20% yesterday, its worst fall in 11 years, as a result of being downgraded by a city broker. The 20% drop wiped nearly £1.4bn off of the company’s overall value and slashed £32m of value off of co-founder and chief executive Tim Steiner’s…
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22 SeptemberNews
Retail sales recover in August, says ONS
Retail sales have risen 0.4% in August compared to a slight fall of 1.1% in July, according to new data from the Office for National Statistics (ONS). When compared with their pre-covid level in February 2020, total retail sales were 17.3% higher in value terms, but volumes were 1.5% lower.…
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21 SeptemberNews
Aldi to sponsor nationwide beach cleanup project
Aldi has announced it is backing the Marine Conservation Society’s Beachwatch programme with a £50,000 sponsorship. The supermarket has become the biggest corporate funder of the Marine Conservation Society’s beach cleaning and litter survey project, Beachwatch, which aims to support more than 15,000 volunteers to participate in 1,200 local beach…
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14 SeptemberSupermarkets
Lidl swings to loss despite revenues rising to £9.3bn
Lidl has reported a loss before tax of £75.9m despite seeing an 18.8% increase in its revenues to £9.3bn in FY23, according to its latest accounts for the 52 weeks ending 28 February 2023. Its EBITDA also dropped to £28.5m compared with £79m FY22 as it invested over £100m in…
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13 SeptemberNews
Aldi appoints new marketing director
Supermarket Aldi has recently announced the appointment of Kyrsten Halley as new marketing director. She joins fellow Aldi’s marketing director Jemma Townsend in jointly leading Aldi’s marketing team and strategy. Halley was previously marketing director at The Flavourists, part of the Samworth Brothers Group, the British food manufacturer, where she…
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12 SeptemberNews
Aldi announces biggest round of price cuts on fruit and vegetables
Aldi, the UK’s cheapest supermarket, has recently lowered the prices on an extensive range of fruit and veg products. This week, shoppers can enjoy even lower prices on items including bananas, apples, spinach and courgettes, as well as on a range of specially selected products such as cotton candy grapes. …
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