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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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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25 MarchOnline & Digital
Morrisons announces delivery partnership with Gopuff
Morrisons has announced a multi-year partnership with Gopuff, the goods and food delivery company, which will see the supermarket’s fresh food, own-brand and branded products available to customers on the Gopuff platform. The partnership launches today and customers across the UK can order food and grocery items from Morrisons for…
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23 MarchSupermarkets
Morrisons drafts in advisors for McColl’s options
Morrisons has reportedly drafted in City advisers to help it weigh up options for the future of its convenience store partner, McColl’s Retail Group, according to Sky News. The outlet reported Morrisons has appointed Houlihan Lokey to explore options regarding the future of the “embattled” convenience retailer. Morrisons, which is…
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22 MarchNews
Asda launches employment package for Ukrainian refugees
Asda has announced it will offer Ukrainian refugees arriving in the UK a guaranteed job interview and provide specialist support to those who are recruited as Asda colleagues. The supermarket currently has around 1,500 salaried and hourly-paid roles available in its stores, warehouses and within its sourcing and procurement arm…
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14 MarchSupermarkets
McColl’s celebrates 200th Morrisons Daily store opening
McColl’s Retail Group plc has reached the “strategic milestone” of opening its 200th Morrisons Daily store with the conversion of the McColl’s store at Southport. The rollout of Morrisons Daily stores is a “key component” of McColl’s’ strategic focus on food-led convenience, driving incremental sales and sales-mix improvement across the…
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8 MarchEconomy
Consumer spending surges 13.7% in February
Consumer card spending grew year-on-year by 13.7% in February, the highest growth since November 2021, as the economy reopened following the lifting of Plan B restrictions and work-from-home guidance. Data from Barclaycard revealed that spending on essential items rose 12% in February, driven by an 11.2% rise in fuel prices…
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7 MarchNews
Asda donates £1m to Ukraine and axes Russian products from shelf
Asda and its charity, the Asda Foundation, has announced it is providing immediate support for displaced Ukrainian families in Europe and the UK in the aftermath of the Russian invasion through a £1m support package. The package includes pledging £100k in Asda Foundation support to national UK-based refugee support groups…
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Feb- 2022 -24 FebruaryHealth & Beauty
CD&R rules out offer as Boots deadline hits
Walgreens Boots Alliance has reportedly set today (24 February) as the deadline to receive offers for the UK health and beauty chain Boots, according to Reuters. The outlet also revealed that private equity firm and new Morrisons owner CD&R has ruled itself out of the running amid the CMA’s ongoing…
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24 FebruaryOnline & Digital
Gousto finalises new share placing
Gousto has announced that following a successful primary fundraise in January, it has completed a $230m (£171m) secondary placement, led by SoftBank VF2 and introduces Fidelity International, Grosvenor Food and AgTech and Railpen to its share register. Following the recent announcement of a $100m (£74m) primary investment in a fundraise…
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24 FebruarySupermarkets
Asda reveals 6.1% gender pay gap between colleagues
Asda has published its Gender Pay report for 2021, which shows that its mean and median figures continue to be well below the national average. In a report submitted to the Government’s Gender Pay website, Asda confirmed the following: The median pay difference between all male and female Asda colleagues…
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