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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Oct- 2021 -19 OctoberAdvice
Certainty exceeds discounts in 2021 peak trading
Global supply chain disruption could not have come at a worse time for UK retailers desperate to maximise the potential of an ever growing online customer base during peak trading season. But with costs spiralling and many products unlikely to arrive in the country in time for Christmas, let alone…
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19 OctoberSupermarkets
EG Group backs out of £750m Asda forecourt business deal
The owners of EG Group, who bought out Asda in a £6.8bn takeover, have revealed that they will no longer be acquiring the grocer’s forecourt business in a £750m deal. The Issa brothers Zuber and Mohsin, had previously agreed to purchase the supermarket chains petrol filling stations, car wash sites…
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19 OctoberSupermarkets
Rising energy and fuel costs hits supermarket sales
Total Till grocery sales slowed to -0.7% in the last four weeks ending 9 October 2021, as UK shoppers begin to rebalance their spending habits amid growing concerns around rising energy and fuel costs, according to new data released by NielsenIQ. During the period, UK shoppers spent £11.8bn on groceries,…
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18 OctoberSupermarkets
Tesco commences £500m share buyback
Tesco has announced that it has entered into an arrangement with Citigroup Global Markets Limited to repurchase a total of £500m shares on behalf of the company. The supermarket chain claimed that the shares will be bought back in its entirety no later than October 2022. The grocer had previously…
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8 OctoberSupermarkets
Asda launches incubator programme for new brands
Asda has announced it will launch an incubator programme to “support emerging and entrepreneurial brands in bringing products into its stores”. The ‘Nurture’ programme will give suppliers easier access to shelf space, and the opportunity for Asda to sell new products. Suppliers selected to join the programme will also have…
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6 OctoberSupermarkets
Tesco profits double in H1 amid ‘resilient’ performance
Tesco has revealed that pre-tax profits rocketed 107% to £1.14bn for the six-months ending 28 August 2021, despite supply chain issues affecting much of the grocery sector. Revenue also grew by 5.9% to £30.4bn, largely boosted by a “significant” recovery in travel driven by the easing of government restrictions earlier…
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4 OctoberSupermarkets
Aldi to hire 1,500 seasonal workers
Aldi has revealed that it will be hiring more than 1,500 people to work in its UK stores on a temporary basis over the Christmas period. The supermarket said it is looking for people to support its permanent colleagues by working on the checkouts, replenishing stock, as well as picking…
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4 OctoberSupermarkets
Morrisons acquired by CD&R in £7bn auction
Morrisons has announced that it has been acquired by US firm Clayton, Dubilier and Rice (CD&R) for a total of £7bn. The firm won the supermarket chain at auction on Saturday (2 October 2021), where it bid 287p per Morrisons ordinary share, against a rival offer from Fortress, for 286p…
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4 OctoberSupermarkets
Sainsbury’s opens new Aberdeen store
Sainsbury’s has opened the doors of its new store in Aberdeen. The new 2,503 sq. ft Sainsbury’s Local is now open from 7am-11pm, seven days a week, and is located next to where the new Countesswells Primary School will be situated. The store will also feature a self-service Costa coffee…
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1 OctoberSupermarkets
Tesco to launch InPost partnership across estate
Tesco has announced a new nationwide partnership with out-of-home and e-commerce delivery company InPost, which will see InPost’s automated parcel machines (APMs) deployed across Tesco’s entire large-format store estate in the UK. The new rollout is set to reach up to 500 large-format sites by the end of November, and…
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