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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Jul- 2021 -9 JulySupermarkets
Sainsbury’s Leeds Colton site undergoes refurb
Sainsbury’s has unveiled its new look Leeds Colton supermarket following “months of refurbishment”. As part of the renovation work, the site has seen a new Argos, refurbished beauty department, patisserie counter and cafe created on site. In addition, the store’s chilled refrigeration cabinets and supporting infrastructure were also completely replaced…
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7 JulySupermarkets
Tesco partners with Prince’s Trust to ‘jump start’ 45,000 young careers
Tesco has committed to helping over 45,000 young people “jump start” their career and build employability skills in partnership with The Prince’s Trust. The news follows a recent report from think tank The Social Market Foundation, which found that half of the 1,000 respondents of young people aged 16-25 said…
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6 JulySupermarkets
Sainsbury’s raises FY22 guidance amid rising sales
Sainsbury’s has raised its full-year guidance for the financial year ended March 2022, with its underlying profit-before-tax now expected to be at least £660m, up from the previously forecasted £620m, with progress weighted towards the first half. The news follows the supermarket chain’s Q1 trading statement for the 16 weeks…
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6 JulyCoronavirus
Usdaw ‘slams’ lifting of restrictions in shops
Usdaw has “slammed” the government’s announcement that it plans to lift safety measures in stores once the final Covid restrictions are lifted on 19 July. In a speech made yesterday (5 July), the Prime Minister confirmed that face coverings would no longer be mandatory in shops from that date, whilst…
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6 JulySupermarkets
M&S launches 25p banana bundles to reduce waste
Marks and Spencer has announced the launch of its new banana waste reduction scheme. The waste reduction scheme is to be introduced to all stores across England this week and allows customers to take home a cardboard bag of extra ripe bananas “at great value”, which minimises the amount of…
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5 JulySupermarkets
Morrisons set for bidding war after accepting £6.3bn offer
Rivalling private equity firms are reportedly preparing to engage in a bidding war for Morrisons after it accepted £6.3bn takeover offer yesterday (4 July). The UK supermarket chain’s board of directors accepted a 252p-a-share offer from private equity firm Fortress, rejecting an earlier bid Clayton Dubilier & Rice (CD&R) which…
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1 JulyNews
Innovating retail spaces for a successful future
Whilst the growth of online consumer shopping was highly publicised during the prolonged periods of Covid-19 lockdown, the relaxing of the rules for non-essential retailers in England and Wales has led to a 174% rise in high street footfall. It’s a figure that shows the high street is certainly not…
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1 JulyGovernment
Business committee chair questions CMA investigative takeover powers
The chair of the Business, Energy and Industrial Strategy Committee, Darren Jones, has written to the Competition and Markets Authority (CMA) in relation to their powers to investigate takeovers. It follows the recent purchase of Asda using “significant amounts” of debt and the increased interest from private equity companies in…
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Jun- 2021 -28 JuneSupermarkets
ASDA reduces GHG emissions by 16%
Asda has revealed it has reduced the amount of Greenhouse Gas (GHG) Emissions it produced last year by 16%, according to figures published for the first time. The figures are part of the Streamlined Energy and Carbon Reporting requirements published in Asda Group Limited’s annual report and accounts for the…
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23 JuneSupermarkets
Asda donates £30k to support Manchester apprenticeships
Asda has announced plans to donate £30k to small businesses across Manchester to help fund 60 apprenticeships in the area. The group is working with the Greater Manchester Combined Authority (GMCA) who is helping distribute an initial £300,000 to local businesses. An apprenticeship levy is paid by large businesses and…
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