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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Apr- 2023 -13 AprilSupermarkets
Tesco profits halve as inflation hits business
Tesco has seen its full-year profits plunge by 50.8% to £1bn, down from £2.03bn the prior year, as inflation took its toll on the supermarket’s business throughout the year. Despite the cost-of-living crisis, revenues rose by 7.2% to £66m and retail like-for-like sales rose by 5.1%, yet the group was…
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11 AprilSupermarkets
Tesco eyes supplier price cuts in bid to lead supermarket deflation
Tesco is reportedly set to push suppliers for price cuts as it looks to pass on lower prices to consumers and drive down food price inflation, according to The Sunday Times. The outlet cited Ged Futter, director at The Retail Mind, who claimed Tesco is trying to “lead the supermarket…
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11 AprilNews
Waitrose to launch Gail’s Bakery areas in 64 stores
Supermarket chain Waitrose has recently revealed it will add dedicated Gail’s Bakery areas in 64 of its shops in the South and East of England by May. Waitrose will also be doubling the range of Gail’s sourdough breads and other craft baked goods it stocks, adding new lines from crackers…
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4 AprilSupermarkets
Supermarket till value sales rise to 11.5% in March
As food inflation in March soared to 15%1, total till value sales rose to 11.5% in the last four weeks ending 25 March, up from 11.1% in February, according to new data from NIQ. UK supermarkets experienced a 7% increase in shopping visits to stores, with a 13% uplift in…
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4 AprilSupermarkets
Asda appoints CBRE to help open 300 stores by 2026
Asda has appointed global real estate advisor CBRE to help with its nationwide store expansion programme. Last October, the retailer launched a new ‘Asda Express’ convenience brand to bring its great products and low prices to more communities across the UK. The first two Asda Express stores opened before Christmas…
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3 AprilAnalysis
The current discourse surrounding John Lewis
Recent news of John Lewis’ plan to shake up its partnership model, which sees that staff are treated as shareholders, has received a number of very passionate responses. Andy Street, who was the John Lewis managing director from 2007 to 2016, went on record to say that, should the employee-owned…
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Mar- 2023 -29 MarchSupermarkets
Asda profits fall 24% to £886m amid attempts to mitigate inflation
Asda has revealed its full-year profits declined 24% to £886m during the 52-week period ending 31 December due to its attempts to mitigate inflationary pressures for customers. It revealed total sales (excluding fuel) increased by 0.1% year-on-year to £20.45bn amid a “strong upturn” in performance in H2, with like-for-like sales…
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28 MarchSupermarkets
Supermarket sales up 8.6% as grocery inflation hits 17.5%
Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to the latest figures from Kantar, grocery price inflation reached 17.5%, adding £837 to the average household’s annual bill, with prices rising fastest in eggs, milk and cheese. Across the retailers,…
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28 MarchSupermarkets
Ocado Q1 sales rise 3.4% to £584m
British online supermarket Ocado retail has reported that its Q1 2023 sales increased to £584m, marking a 3.4% rise over the same quarter last year, according to its trading statement for the 13 weeks to 26 February 2023. It said that an increase in the number of new consumers using…
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27 MarchFeatures
BaxterStorey’s supermarket venture using AI technology
What was the idea behind The Social Bee store? What compelled you to utilise Amazon’s Just Walk Out technology? We opted to partner with Amazon and implement the Just Walk Out technology for several reasons. Firstly, we needed an extended hours offer where the customer could still get good quality…
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