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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Aug- 2021 -16 AugustSupermarkets
Issa brothers eye retail veteran Ian McLeod as Asda chief
Asda owners, the Issa Brothers, are reportedly considering former Halfords boss Ian McLeod as the supermarket chain’s new chief executive. According to The Sunday Times, Asda has already held talks with McLeod who is currently the chief executive of Asian retailer Dairy Farm International. McLeod also has previous experience of…
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16 AugustSupermarkets
CD&R looks to counter Fortress bid for Morrisons
Clayton Dubilier and Rice (CD&R), an American private equity company, is believed to be gearing up to place a counter bid on rival Fortress’s £6.7bn offer for Morrisons before its deadline on Friday (20th August). According to The Times, Clayton Dubilier and Rice will have to raise its bid to…
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11 AugustSupermarkets
Morrisons to close on Boxing Day for the first time ever
Bosses at Morrisons have told staff they can have Boxing Day off this year as a thank you for their hard work during the Covid-19 pandemic. The supermarket made the announcement to its 111,000 workers today. The news comes just weeks before the conclusion of a takeover battle that will…
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9 AugustHR
Ocado to allow staff to work from anywhere for one month a year
Ocado has reportedly told its staff members that they can now work wherever they want, including abroad, for one month a year. According to The Times, the opportunity has arisen following numerous requests from employees at the online grocer who worked from home during the pandemic. The decision has supposedly…
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9 AugustSupermarkets
Morrisons gives CD&R more time to launch rival offer
Clayton, Dubilier and Rice (CD&R) has been given more time to launch a rival offer for Morrisons. The supermarket asked the UK Takeover Panel, which regulates market activity, to give CD&R more time following the news that rival private equity firm Fortress Investment Group had upped its offer to £6.7bn. …
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9 AugustSupermarkets
Sainsbury’s ends advertising campaign with GB News
Sainsbury’s has announced it will no longer advertise on GB News after facing an online campaign led by activist group Led By Donkeys. The group ran a series of campaigns and posted a viral social media video that gathered more than 2.5 million views in a bid to put pressure…
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9 AugustSupermarkets
McColl’s plots £30m capital raise
The McColl’s convenience store chain has said it is considering undertaking a capital raise fund to accelerate the expansion of its partnership with supermarket Morrisons. The group made the announcement today (9 August) after Sky News reported over the weekend that McColl’s had approached institutional investors regarding a potential share…
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6 AugustSupermarkets
Morrisons agrees to raised £6.7bn Fortress takeover offer
Morrisons has announced that it has reached an agreement with Fortress Investment Group for a revised takeover offer worth £6.7bn. The increased offer of 270p per share plus 2p in special dividend represents an increase of approximately £400m to Fortress’ original offer value. In a statement, the supermarket stated that…
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6 AugustSupermarkets
Asda chief Roger Burnley completes early resignation
Asda has announced that Roger Burnley has stepped down from his role as chief executive at the group following its £6.8bn EG Group and TDR Capital takeover. While Burnley had been due to leave his post in 2022, the process has been accelerated “following completion of a transition period” under…
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2 AugustSupermarkets
Aldi raises lorry drivers’ wages amid labour shortage
Aldi has reportedly increased the wages for its lorry drivers in a bid to tackle labour shortages within the industry and avoid bare shelves, according to The Sunday Times. The supermarket is said to have “pushed through” a pay rise for its drivers to maintain its stance as one of…
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