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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Feb- 2023 -20 FebruarySupermarkets
Tesco explores sale of banking arm
Tesco is reportedly set to launch a review of its banking arm which could lead to the sale of the business. According to Sky News, the supermarket giant is drafting in Goldman Sachs to help advise on the future of Tesco Bank. Sources told Sky that the review was at…
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16 FebruarySupermarkets
Aldi to create 6,000 new jobs this year
Aldi has announced that it is set to create 6,000 new jobs in 2023 amid plans to open new stores across the UK. The company currently has more than 990 stores and employs around 40,000 people. Aldi will be opening new stores in towns and cities such as Norwich and…
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14 FebruarySupply Chain
Amazon workers in Coventry to hold further strike action
Workers at Amazon have announced that a further seven days of strike action are set to take place at the company’s Coventry warehouse. More than 350 staff at the West Midland fulfilment centre will walk out on 28 February, 2 March and from 13 to 17 March. It comes as…
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8 FebruarySupermarkets
Lidl to scale back store openings and focus on warehouse capacity
Lidl is reportedly planning to slow down its store opening programme as it instead focuses on growing its warehouse capacity. According to The Grocer, the supermarket intends to only open 25 new stores this year, having previously opened around 50 stores a year for several years, with 54 new openings…
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8 FebruarySupermarkets
Sainsbury’s unveils Black founder-led brands amid £1m incubator success
Sainsbury’s has announced the first three Black founder-led brands to be hitting shelves this year after being selected to take part in Thrive with Sainsbury’s – its £1m incubator programme. Sainsbury’s launched Thrive with Sainsbury’s last summer – a free 16-week programme with a £1m commitment to supporting Black founder-led…
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7 FebruarySupermarkets
Credit insurer pulls cover for Iceland’s suppliers amid rising costs
A leading credit insurer has cut its cover on suppliers to Iceland as the supermarket faces growing pressure amid the rise in energy costs. According to the Times, Coface has reportedly pulled its cover on Iceland to zero, following on from Allianz Trade and Atradius who also cut their coverage…
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1 FebruarySupermarkets
CMA launches supermarket pricing review
The CMA is set to review unit pricing practices online and instore within the grocery sector, after deciding that customers “need confidence that they have the right information to make great choices and are getting fair deals”. Unit pricing shows how much a particular product costs by weight or volume,…
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Jan- 2023 -31 JanuarySupermarkets
Tesco to shake-up management and close counters, 2,100 jobs at risk
Tesco has announced a shake-up of its management structure alongside plans to shutter its remaining hot counters and delis, in a move that could place up to 2,100 jobs at risk. While the supermarket is set to introduce 1,800 new shift leader roles as part of its restructuring plan, it…
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30 JanuarySupermarkets
Bestway acquires 3.45% share in Sainsbury’s
Bestway Group has announced it has agreed to acquire a total of 80,792,512 shares in Sainsbury’s, representing 3.45% of Sainsbury’s issued share capital. Bestway Group has said it intends to hold its shares in Sainsbury’s for investment purposes and “looks forward to supporting the executive management team”. Bestway Group has…
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30 JanuarySupermarkets
Asda faces strike action after plans to cut jobs and reduce pay
Asda workers are reportedly planning strike action after the supermarket unveiled plans that could place 300 roles at risk across the business, and affect the pay of over 4,000 hourly-paid workers. A union source told Sky News that GMB representatives met last week after Asda first revealed its set of…
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