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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Apr- 2022 -25 AprilSupermarkets
Asda invests £73m to tackle cost of living crisis
Asda has announced it will be investing over £73m in tackling the cost of living crisis for its customers and colleagues as it has “dropped and locked” the price of over 100 products until the end of the year, with prices reducing 12% on average. The supermarket has also confirmed…
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14 AprilSupermarkets
Supermarket shares crash amid Tesco profit warning
UK Supermarkets saw almost £1bn wiped off their value yesterday as the cost of living crisis began to take hold, after Tesco had warned of the future impact of rising costs and inflation in its annual report. Tesco and Sainsbury’s both saw their share prices drop following the latest update,…
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8 AprilHR
Tesco colleagues to see 5.8% pay rise to £10.10
Tesco has unveiled a £200m investment which will see Customer Fulfilment Centre (CFC) colleagues benefit from a 5.8% increase in hourly rates from £9.55 to £10.10, effective from 24 July 2022. Tesco said the pay increase is the biggest single-year investment in hourly store/CFC pay in at least a decade,…
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8 AprilSupermarkets
CD&R offers to sell petrol stations in bid to push through Morrisons deal
CD&R has offered to sell a number of its petrol forecourts in order to push through its £7bn acquisition of Morrisons and receive approval from the Competition and Markets Authority (CMA). It comes as CD&R is also the owner of the Motor Fuel Group (MFG), the largest independent operator of…
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8 AprilHigh Street
Selfridges unveils ‘shop of the future’ concept store
Selfridges has announced its new “shop of the future” concept, ‘Supermarket’, a four-week retail experiment at The Corner Shop in its Oxford Street store. By experimenting with new ideas and models, Selfridges said it “will examine future shopping habits, with the aim of opening a conversation around consumption and physical…
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7 AprilSupermarkets
Waitrose expands nationwide partnership with Deliveroo
Waitrose has announced it is expanding its partnership with Deliveroo by adding over 70 new Waitrose locations by the summer in a bid to meet “strong” customer demand for grocery delivery. The next phase of expansion means that for the first time, Waitrose will be available on Deliveroo in almost…
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6 AprilNews
ASA bans Lidl’s ‘misleading’ Tesco comparison ads
Two Lidl adverts showing how customers can make big savings at the supermarket compared to Tesco have been banned following a complaint from rival discounter Aldi. The two adverts in question ran in Scotland and claimed that customers can save over 35% and over 30% respectively at Lidl, compared to…
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6 AprilNews
Aldi to donate almost 250,000 meals over Easter
Aldi has announced it will support charities, community groups and food banks throughout the UK by donating almost 250,000 meals to people in need during the Easter school holidays. Around 105 tonnes of food will be donated throughout the UK, with more than 187,000 meals expected to be donated to…
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5 AprilSupermarkets
Supermarket sales remain in decline amid online pandemic comparatives
Total till sales at UK supermarkets fell -4.1% in the last four weeks ending 26 March, the lowest sales growth so far recorded in 2022, according to the latest data released by NielsenIQ. However, it said this is the final figure measuring sales growth against the high lockdown comparatives, indicating…
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Mar- 2022 -29 MarchSupermarkets
Asda profits surge 42% as Covid disruption eases
Asda has reported its operating profits increased 42% year-on-year from £486.5m to £693.1m in FY21 following a reduction in Covid-related costs. The company’s revenues for FY21, excluding fuel, increased to £20.42bn, up 0.6% year-on-year and up 4.3% on a two-year basis. Additionally, revenues in the fourth quarter (Q4), excluding fuel,…
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