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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Nov- 2022 -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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3 NovemberSupermarkets
Tesco wins appeal in Lidl trademark dispute
Tesco has won an appeal in court which will mean it can argue at trial that Lidl applied for trademarks for a yellow circle against a blue background in “bad faith”. It comes as Tesco filed a counterclaim against Lidl last year, after the discount supermarket launched a lawsuit that…
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3 NovemberSupermarkets
Sainsbury’s profits fall 8% in H1 after investment to tackle cost-of-living crisis
Sainsbury’s has revealed its underlying profit before tax was £340m for the 28 weeks ended 17 September, down 8% after investing in keeping prices low amid record inflation rates and staff wage increases. Grocery sales were up 0.2% in H1, driven by strong growth in Q2 of 3.8% as lockdown…
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1 NovemberSupermarkets
Asda launches meal deal to help over-60s this winter
Asda has announced its new ‘winter warmers’ meal deal, targeted at helping older customers struggling with spiralling cost of living prices. The supermarket is offering customers aged 60 and over the chance to purchase soup, a roll and unlimited brews for just £1 in any of its 205 cafes all…
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Oct- 2022 -28 OctoberNews
CMA gives Morrisons green light for McColl’s takeover
Morrisons’ takeover of McColl’s is nearing completion after the Competition Markets Authority (CMA) announced it will accept the merger. The takeover deal will see the supermarket acquire 28 stores from McColl’s existing estate, which the watchdog has decided not to investigate further. The CMA said that Morrisons must “act in…
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28 OctoberSupermarkets
Aldi raises store assistant pay to £11 per hour
Aldi has revealed its plans to raise its starting pay for store assistants to £11 per hour nationally, and to £12.45 per hour within the M25 from 1 January 2023. It is reported that the new starting rate is over 15% higher than it was a year ago and represents…
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27 OctoberSupermarkets
Asda to trial in-store hearing service in UK first
Asda will be the first UK supermarket to offer an in-store hearing service after announcing that it will partner with Amplifon, who will provide hearing services in three of its stores. Based in the opticians at Asda Altrincham, Harrogate and Long Eaton stores, during the trial, Amplifon will be providing…
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24 OctoberSupermarkets
Morrisons begins plans to sell and lease back five supermarkets
CD&R, Morrisons’ parent company, is reportedly looking to sell and lease back five of the supermarket brand’s stores in a bid to raise cash as a result of uncertain economic conditions. The news follows an announcement earlier this month that Morrisons was set to be hit by £95m in borrowing…
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19 OctoberSupermarkets
Booths sales rise 4.4% in FY22
Booths has reported an overall sales improvement of 4.4% (£12.6m) to £296.7m in its full year results to 2 April 2022. Profit before tax rose by £1.1m to £3m, up from £1.9m the prior year, while EBITDA increased by £1.4m to £13.3m compared to £11.9m in 2021. The group’s trading…
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