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.
-
Dec- 2020 -10 DecemberNews
Ocado revenue soars following M&S partnership
Ocado Retail has announced that revenue soared by 35% in the 13 weeks to 29 November 2020, driven by a “strong” demand for online grocery as well as a “continuation of a smoothed trading week compared to previous “peaks and troughs”. The average orders per week were also up by…
Read More » -
9 DecemberSupermarkets
CMA launches inquiry into Issa Bros’ Asda takeover
The CMA has announced the launch of a phase 1 inquiry into the Issa Brothers’ £6.8bn takeover of Asda. It said that on 8 December 2020 the CMA has launched its phase 1 investigation after the European Commission’s decision to refer the case to the United Kingdom, following a request…
Read More » -
9 DecemberSupermarkets
Tesco confirms sale of its Asian businesses
Tesco has confirmed the sale of its businesses in Thailand and Malaysia, following a review of the transaction. Back in March, the supermarket chain had agreed to sell its Asian businesses to C.P. Retail Development Company Limited (CPRD). CP Group has now reviewed the move and is satisfied with the…
Read More » -
8 DecemberEconomy
Consumer spending drops 2% in November
Consumer spending in the UK fell by 2.9% in November, despite spending on essential items growing 4.9% year-on-year, as ‘circuit breaker’ lockdown restrictions pushed the public to shop online. According to Barclaycard’s monthly consumer report, spending on essentials grew 4.9%, with a 17.9% rise in supermarket shopping, while online grocery…
Read More » -
7 DecemberAdvice
Re-energising retail in 2021: Three challenges and one solution
The story of retail in 2020 is one of extreme contrasts. On the one hand, the Amazons, Asos and supermarket operators of the world have all enjoyed tremendous success; on the other, almost every other segment of the industry has been decimated. More than 11,000 chain outlets shut in the…
Read More » -
4 DecemberCoronavirus
Co-op members urge company to return rates relief
The Co-op Group is reportedly being urged by its members to reverse its decision not to repay the millions of pounds it has received in rates relief this year. According to Sky News, some of its National Members Council believe that due to the £150m it has generated from the…
Read More » -
4 DecemberNews
Support of UK producers ‘vital’ for food businesses, study finds
Waitrose has released its Food & Drink Report 2021 which found that nearly three quarters of people wanted to see more food businesses in the UK express their “ongoing support” for local British producers. The report was based on OnePoll research of 2,000 people across Britain, not just Waitrose shoppers.…
Read More » -
4 DecemberSupermarkets
Aldi plans to repay business rates relief
Aldi has announced its plans to repay the government any money it has received during the pandemic from the business rates relief. Back in March, all retail, hospitality and leisure businesses in England were given a business rates holiday for 12 months to help them get through the crisis. Supermarkets,…
Read More » -
3 DecemberNews
Sainsbury’s forgoes £410m rates relief
Sainsbury’s has joined rivals Tesco and Morrisons in a pledge to repay the government’s business rates relief, bringing the total number of returned costs to over £1bn. The supermarket has revealed plans to forgo approximately £410m of its business rates relief. In a statement, Sainsbury’s said it has been considering the…
Read More » -
2 DecemberNews
Tesco to repay £585m rates relief
Tesco has announced that it will repay £585m in business rates relief to the UK government and devolved administrations. The supermarket said it was “immensely grateful” for the financial and policy support provided by the government, adding that the rates relief was a “game-changer” for all retailers. It noted that…
Read More »
