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- 2021 -14 AprilSupermarkets
Tesco profits fall 20% despite rising sales
Tesco has reported that pre-tax profits plunged 19.7% to £825m in its latest full-year results, despite UK like-for-like sales increasing by 7.7% to £39.4bn in the period. It comes as the group said the pandemic had “far-reaching” impacts on its operations, as it incurred Covid-related costs of £892m, largely attributed…
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13 AprilHigh Street
Cake Box sees FY21 sales rise 14.7%
Cake Box, a cream cake retailer, saw like-for-like sales in its franchise stores increase 14.7% year-on-year for the 40 weeks ended 7 March 2021. In turn, the group said that it expects to report “record revenue” for the period, representing an approximate 16% rise profit before tax rise when compared…
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12 AprilAnalysis
How John Lewis plans to bounce back
In 2007, upmarket retail giant John Lewis revealed plans for an ambitious expansion scheme, which aimed to double the size of its business. At the time, the company only had 26 sites across the UK and the £700m investment was created to increase its high street presence: bringing a further…
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8 AprilSupermarkets
M&S outlines lockdown reopening plans
Marks and Spencers has announced its plans to reopen ahead of the retail sector’s return in England and Wales on 12 April 2021. From 12 April, the supermarket chain will reopen its clothing and home spaces to customers for the first time since the most recent outline. As part of…
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7 AprilAnalysis
Amazon’s here – so what’s the future for UK supermarkets?
Amazon has set its sights on the UK supermarket sector. From the Amazon Fresh initiative to its partnership with Morrisons, offering free, next day delivery to Prime customers, the arch disruptor is looking to turn the UK multiple market on its head. Free next day delivery for everyday, household essentials…
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7 AprilSupermarkets
Aldi to donate 400,000 meals to charities during Easter break
Aldi has revealed that it will be donating almost 400,000 meals to people in need during the Easter school holidays. The supermarket has paired its stores up with local charities, community groups and food banks to around 149 tonnes of food throughout the UK, with more than 250,000 meals expected…
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7 AprilSupermarkets
UK supermarkets see clothing and confectionary sales boost
British consumers spent £439m on confectionery ahead of Easter in the four week period ending 27 March 2021, a +34% increase in sales compared with the same period in 2020. The new data released by Nielsen also reveals that as non-essential retail remained closed, consumers turned to supermarkets to “treat…
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7 AprilSupermarkets
Asda opens third in-store Covid vaccination centre
Asda has opened a third in-store Covid vaccination centre at its Old Kent Road Superstore in London. The opening follows the launch of vaccination sites at its Cape Hill store in Birmingham and Watford Superstore back in January – with the grocer facilitating the vaccinations of 26,000 patients. The supermarket…
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6 AprilSupermarkets
Iceland MD calls for digital sales tax
The boss of Iceland is calling for a digital sales tax to support the British high street’s economic recovery post-lockdown. Malcolm Walker, managing director of the group, believes a tax on online sales could potentially become part of an overhaul of current business rates, which he refers to as “outdated…
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6 AprilSupermarkets
Tesco adds 250 new food donation points
Tesco has announced plans to install more than 250 new food donation points at its Superstores and Tesco Extra stores throughout the country. According to the grocer, the food donations made by shoppers will be given to Trussell Trust food bank or FareShare – a charity network aimed at relieving…
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