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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Dec- 2022 -13 DecemberSupermarkets
Shopper spend rises 7.6% at UK supermarkets despite squeeze on incomes
Total Till sales grew +7.6% in the last four weeks ending 3 December 2022, up from +5.6% last month, according to the latest data from NielsenIQ. Nielsen said the acceleration in Total Till sales is largely a result of double-digit food inflation, as UK shoppers remain cautious regarding the contents…
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9 DecemberSupermarkets
Morrisons agrees £220m warehouse deal
Morrisons has agreed to a £220m sale and leaseback deal with asset management firm, Intermediate Capital Group, which also includes contracts for seven of its distribution warehouses for up to 25 years. According to The Times, Morrisons will be converting McColl’s stores into its own convenience store format, Morrisons Daily. …
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6 DecemberSupermarkets
Asda to create 10,000 new jobs
Asda has announced plans to create 10,000 new jobs over the next four years as it rolls out its Asda Express convenience store concept. The supermarket chain opened its second Asda Express Tottenham Hale, north London and confirmed its plans to open 300 more by the end of 2026. New…
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5 DecemberSupermarkets
Morrisons owner working to replace CEO
Morrisons owner Clayton Dublier and Rice (CD&R) is working to find an eventual replacement for CEO David Potts just a year after acquiring the supermarket in a £7bn deal, according to Sky News. US-based private equity firm CD&R has retained Egon Zehnder International to help strengthen Morrisons’ executive ranks. Sky…
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5 DecemberDepartment Stores
John Lewis and Waitrose cut heating and lighting to tackle bills
John Lewis and Waitrose are set to reduce their energy consumption this winter, with the department store cutting its heating and the supermarket dimming its lights in a bid to control high energy costs, The Guardian has reported. It comes as the John Lewis Partnership, which includes Waitrose, reportedly said…
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Nov- 2022 -23 NovemberHigh Street
M&S tops YouGov’s best UK brand poll
M&S has been ranked as the UK’s best brand in YouGov’s annual Global Best Brand Rankings. The rankings are based on the index score from the YouGov Brand Index, which is a comprehensive measure of overall brand health calculated by taking the average of impression, quality, value, satisfaction, recommend, and…
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21 NovemberSupermarkets
Iceland founder rebuffs takeover approaches
Malcolm Walker, the founder of Iceland Foods, has reportedly dispelled rumours that he has been “quietly marketing” the company to other interested parties, according to The Times. Walker has reportedly rejected “frequent” approaches from potential buyers for the frozen foods supermarket in the past. The Times reported that he found…
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17 NovemberSupermarkets
Lidl sees pre-tax profits quadruple to £41.1m
Budget supermarket chain Lidl has revealed its pre-tax profits quadrupled to £41.1m, up from £9.8m, during the year ending February 2022. Lidl also reported revenues of £7.8bn up from £7.7bn for FY20/21, a rise of 1.5%. This was also a 13% increase on its pre-pandemic revenue which was £6.9bn. The…
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14 NovemberSupermarkets
Asda like-for-like sales rise 4.7% in Q3
Asda has revealed that its like-for-like sales increased by 4.7% in the third quarter, making it the supermarket’s “strongest” quarterly performance since Q1 2021. It is also reported that the brand’s total revenues excluding fuel reached £5.2bn. The news of Asda’s positive third quarter performance has been attributed to the…
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8 NovemberSupermarkets
Asda opens first ‘Asda Express’ convenience store
Asda has opened its first standalone ‘Asda Express’ convenience store in Sutton Coldfield in the West Midlands, creating 17 new jobs in the local community. A second Asda Express store will open at Tottenham Hale next month, followed by 30 sites next year, creating circa 500 new jobs. The launch…
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