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 -10 MarchSupermarkets
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 told Sky that a number of big boardroom figures had been approached by headhunters working for Tesco in recent weeks. Allan will step down next year, by which time he…
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9 MarchSupermarkets
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, according to its latest filing on Companies House. The supermarket was acquired by CD&R in October 2021 for £7bn with a debt led takeover. The deal saw £6.1bn worth of…
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7 MarchSupermarkets
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 in January as a result of accelerating food inflation, according to the latest data from NIQ (previously known as NielsenIQ). NIQ data shows that Total Till sales growth comes despite…
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1 MarchSupermarkets
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 impact a total of 1,400 jobs. The news comes as the supermarket chain plans to further “integrate and transform” its general merchandise logistics network in England with an investment of…
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Feb- 2023 -27 FebruarySupermarkets
Supermarket bosses set for talks with gov over food shortages
The government has reportedly summoned the UK’s supermarket bosses for talks in order to find a solution to stop food shortages across the UK. According to the Sun on Sunday, Food Minister Mark Spencer is to host talks with bosses in order to avoid food shortages which has caused a…
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24 FebruarySupermarkets
Sainsbury’s to offer staff four day work week
Sainsbury’s has reportedly offered its staff the option of working four days a week, according to The Times. Staff based at its head offices in Holborn, Coventry and Milton Keynes, as well as its warehouses, and store managers in its 1,400 UK stores will be given the option of a…
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24 FebruaryDIY
B&Q and Screwfix staff to receive 8% pay rise
Kingfisher is reportedly set to increase the hourly pay rate for its B&Q and Screwfix staff by more than 8% year-on-year, Retail Week has revealed. The changes will be effective from the beginning of the new financial year. Shopfloor workers across both businesses will see their pay rise to £10.60…
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22 FebruaryFeatures
Could stationery retailers be facing a future in concessions?
Stationery retailers have not had a brilliant start to the year, as shown by a succession of less-than-stellar financial results from big players in this corner of the market, such as Ryman and WHSmith. For starters, Ryman reported a loss of £8.5m in earnings for the first time in 25…
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21 FebruarySupermarkets
Tesco gives staff third pay rise in 10 months
Tesco has announced that it has agreed to raise its staff’s hourly wages by 72p from £10.30 to £11.02. This represents the third pay increase given out by the supermarket in the last 10 months and an investment of more than £230m. The combined investment in hourly pay over the…
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20 FebruarySupermarkets
Aldi eyes London store estate expansion
Aldi has announced it is looking to increase its presence in London and around the M25 as part of a multi-million pound expansion plan. The supermarket has pledged to almost double its 60-strong estate within the M25 and create around 2,400 jobs. Aldi currently has more than 990 stores across…
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