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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Feb- 2021 -18 FebruarySupermarkets
Iceland sacks director over offensive comments about Wales
Iceland has sacked its director of corporate affairs, Keith Hann, after he made a series of offensive comments about Wales. Hann who joined the supermarket in 2017 was fired from his position after he stated on Twitter: “Your periodic reminder that the inhabitants of the UK’s Celtic fringe loath all…
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17 FebruarySupermarkets
Morrisons launches fast-food takeaway in Camden
Morrisons has launched a new fast-food takeaway, named Market Kitchen, at its Camden branch. Market Kitchen will be officially opened by three colleagues that have worked at the supermarket chain in Chalk Farm since it opened in the nineties. The new takeaway’s menu will sell everything from roasted chicken and…
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17 FebruarySupermarkets
Regulator to rule on Issa Brothers’ Asda takeover
The Competition and Markets Authority (CMA) has set a deadline for 20 April for a decision on the acquisition of Asda by TDR Capital and the Issa Brothers. Zuber and Mohsin Issa, alongwith the private equity firm, agreed to purchase a majority stake in the supermarket chain from Walmart in…
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16 FebruarySupermarkets
Asda to donate 150,000 meals to children over half-term
Asda has announced that it will donate 150,000 meals to children over half-term break to help fight holiday hunger. The grocer is also extending its ‘kids eat free’ policy in its cafes, which will allow children under the age of 16 to access a ‘nutritious meal’ when their guardian spends…
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15 FebruarySupermarkets
Asda to donate £2m to help fund apprenticeships
Asda has announced that in celebration of National Apprenticeship Week, it will donate £2m to small businesses to help fund around 400 apprenticeships in local communities across the country. The grocer has “opted” to transfer a portion of its annual funds to pay for apprentices to train in small businesses,…
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12 FebruarySupermarkets
Issa brothers junk bond sale raises £2.75bn
The Issa brothers, Asda’s billionaire buyers, have raised a record-breaking £2.75bn through a sterling junk bond, as investors continue to back the UK’s largest leveraged buyout in over a decade. Moshin and Zuber Issa, together with private equity firm TDR Capital, are set to acquire the supermarket chain for £6.8bn,…
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11 FebruarySupermarkets
M&S launches sustainable denim range
Marks and Spencers has started replacing its denim items with more sustainable dyes as part of an environmental initiative. Around 50% of the new denim range uses 86% less water compared to the industry average for denim finishing. The supermarket chain said that 58% of its customers supported the idea…
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11 FebruarySupermarkets
Sainsbury’s pledges to match Aldi on 100s of prices
Sainsbury’s has pledged to match discount supermarket Aldi on hundreds of branded and own-brand products, in what the group describes as its “boldest ever value campaign”. According to the grocer, customers will now find around 250 products all “carefully price matched” to the equivalent product at Aldi. The price match…
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9 FebruarySupermarkets
Ocado sees annual earnings soar by 69%
Ocado has seen its annual earnings rise by 69% as the pandemic strengthened the demand for online grocery shopping. The virtual supermarket revealed that group earnings were £73.1m for the year ending on 29 November 2020, up from £43.3m the previous year. Earnings in Ocado Retail, the company’s joint venture…
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9 FebruaryNews
Consumer spending sees ‘sharpest’ fall at 16.3% in January
Consumer spending fell 16.3% in January, the “sharpest” decline since May 2020 which was attributed to the current lockdown restrictions and Covid-19 pandemic. The data was gathered from the Barclaycard report which combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending.…
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