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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Mar- 2023 -27 MarchSupermarkets
Tesco surpasses Whoosh rollout target by 25%
Tesco has surpassed its own target for the rollout of its rapid delivery service Whoosh, which is now available from 1,000 of its express stores. The company had set a target to offer Whoosh from 800 stores by the end of February 2023, but has exceeded that target by 200…
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27 MarchSupermarkets
Issa brothers near £12bn Asda forecourts deal
The billionaire owners of Asda are reportedly nearing the completion of a merger of the supermarket chain and its UK petrol stations, which are operated by EG Group. According to The Sunday Times, the move forms part of efforts to cut the forecourt group’s debt burden. The deal is reportedly…
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22 MarchNews
Asda expands Claire’s partnership to 500 locations
Accessories and jewellery retailer Claire’s is partnering up with supermarket chain Asda to bring Claire’s products to more than 500 Asda stores across the UK. The partnership comes after a successful initial ‘test and learn’ with 10 stores in October 2020, which has now been expanded. This partnership will allow…
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20 MarchAnalysis
Private equity is changing supermarkets
After being dethroned as one of the Big Four supermarkets by Aldi in late 2022, Morrison’s most recent blow came in the shape of £1.5bn worth of losses one year after being acquired by Clayton, Dubilier and Rice (CD&R) in October 2021 for £7bn with a debt-led takeover. Morrisons, which…
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20 MarchSupermarkets
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 steps up efforts to lure shoppers back from Aldi. Morrisons told the Telegraph that it was slashing prices on another 490 products, including fresh meat, baby essentials and freezer items.…
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17 MarchNews
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 Morrisons’ brand. With 35,000 sq ft the first store will open in Peasmarsh, East Sussex, later this Spring and five more will follow. Paul Dobson, sales director at Morrisons, said:…
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17 MarchSupermarkets
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, and £12.85 within the M25. The new £11.40 per hour starting rate, which is effective from 1 July 2023, is more than 13% higher than it was a year ago,…
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14 MarchSupermarkets
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 remaining 49% it already owned, the supermarket purchased Supermarket Income REIT’s remaining 51% share of the stores in the Highbury and Dragon investment vehicles. The deal will result in Sainsbury’s…
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13 MarchSupermarkets
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 its rising debt costs. According to The Telegraph, property experts have been drafted in to “assess the prospects for the supermarket’s estate”. However, it is believed the Asda owners, who…
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13 MarchSupermarkets
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 be imposed by the retailer on produce sold online, The Times has reported. This comes as the supermarket chain wrote to suppliers last week informing them that it would introduce…
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