Supermarket

Household budgets continue to tighten amid rising inflation

Data from Barclaycard has revealed that spending on essential items increased 4.4%, which has been largely driven by a surge…

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Asda launches £1 meal charge for children 

Asda has unveiled what it calls its “strongest ever initiative” to help feed children amid the cost of living crisis,…

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Mars Petcare latest to halt supplies to Tesco amid price dispute

Mars Petcare has halted supplies to Tesco as the supermarket faces its second dispute amid rising costs, as inflation continues…

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Sainsbury’s sales fall as CEO warns pressure on budgets set to intensify

Sainsbury’s has revealed its first quarter like-for-like sales for the 16 weeks to 25 June 2022 fell 4% YOY as…

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Tesco launches £150m share buyback programme

Tesco has announced it has entered into an arrangement with HSBC Bank plc to repurchase shares on behalf of the…

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The Very Group appoints CEO

The Very Group has appointed Lionel Desclée, the former president and CEO of Walmart Japan, as group CEO, effective 19…

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Supermarket Income acquires four supermarkets in £82.9 deal

Supermarket Income REIT plc, a real estate investment trust, has announced it has acquired two supermarket sites for a total…

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Sainsbury’s faces growing pressure to supply living wage

Over 100,000 members of the public have joined the call for Sainsbury’s to become a Living Wage employer, with a…

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Tesco to stop stocking Heinz over price row

Heinz has stopped supplying Tesco after a row between the two companies about price increases on baked beans, tomato ketchup…

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Morrisons sales down 6.4% in Q2

Morrisons has reported that like-for-like sales were down 6.4% in Q2, improving only towards the end of the quarter as…

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