Supermarket

M&S among winners as shoppers spend almost £1bn this Valentine’s Day

M&S was among the winners and losers this Valentine’s Day as shoppers spent almost £1bn to celebrate the day, according…

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Today’s news in brief-4/3/25

The Competition and Markets Authority (CMA) is close to approving Topps Tiles’ £9m acquisition of CTD Tiles after both companies…

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Supermarket sales rise 3.6% in February

Take-home sales at the grocers rose by 3.6% over the four weeks to 23 February compared with one year ago,…

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Today’s news in brief-3/3/25

Asda is set to scrap bonuses for over 10,000 managers as part of cost-cutting measures amid challenging trading conditions. The…

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Asda to scrap 10,000 bonuses for managers amid cost-cutting plans

Asda is reportedly set to axe the bonuses of thousands of workers as it looks to cut costs amid troubled…

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Morrisons expands senior leadership team with new hires

Morrisons has announced the formal appointment of Martin Dawson as group retail director and the promotion of Charlotte Exell to…

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ASDA improves ESG rating score

Asda has announced an improvement to its ESG rating score, following an external assessment by financial services ratings’ agency Sustainable…

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Aldi in talks over head office restructuring, 350 jobs at risk

Aldi has entered a consultation over proposals to restructure some of its head office teams, with up to 350 jobs…

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Today’s news in brief-24/2/25

Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a…

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Asda avoids penalty amid missed deadline for IT upgrade

Asda has reportedly avoided a financial penalty after its former owner Walmart agreed to move back a deadline for the…

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