Supermarket

Morrisons cuts prices for third time amid Aldi battle

Morrisons has revealed that it has decided to cut its prices for the third time in three months as it…

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Morrisons teams up with Jempsons to launch six stores

Supermarket chain Morrisons has announced a partnership with independent retailer Jempsons to launch six new stores under its ‘Together with…

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Aldi gives additional pay rise for store staff

Aldi has announced it is raising its starting pay for store assistants to a minimum of £11.40 per hour nationally,…

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Sainsbury acquires 21 supermarkets in £431m deal

Sainsbury has announced the purchase of 21 supermarkets in a £431.5m deal from Supermarket Income REIT. In addition to the…

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Issa brothers mull sale of Asda properties as debt costs rise

The Issa brothers are reportedly planning to explore a sale of Asda’s £8.6bn property estate in a bid to tackle…

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Tesco criticised by suppliers over online fulfilment fees

Tesco has received criticism from its suppliers and farmers after they were informed of new fulfilment fees, which are to…

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Tesco sounds out John Allan replacements

Tesco has reportedly begun sounding out potential replacements for its long-time chairman John Allan, according to Sky News. City sources…

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Morrisons posts £1.5bn loss after CD&R acquisition

Morrisons has posted losses of £1.5bn one year after being acquired by US private equity firm Clayton, Dubilier and Rice,…

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Feb supermarket sales rise to 11% amid accelerating inflation

Total till grocery sales soared to 11.1% in the last four weeks ending 25 February 2023, up from 7.6% recorded…

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Sainsbury’s to shut two Argos depots by 2026

Sainsbury’s has announced its plans to close two Argos depots in Basildon, Essex, and Heywood, Manchester, by 2026, which will…

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