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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Dec- 2020 -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…
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Nov- 2020 -20 NovemberSupermarkets
Aldi expands delivery trial to 130 stores
Aldi has announced it is expanding its on-demand delivery trial with Deliveroo to 130 stores across the UK, with the service set to now be available in Scotland and Wales. Last month, the supermarket chain confirmed it had expanded the trial to 42 stores, including sites in Bristol and Liverpool.…
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18 NovemberCoronavirus
Asda gears up for ‘record Christmas’ as Q3 sales rise 2.7%
Asda has revealed it is gearing up for a “record Christmas” after it revealed its like-for-like sales increased by 2.7% YOY. The trading quarter for the three months ending 30 September, which coincided with the end of the first UK-wide lockdown and the re-opening of the hospitality sector, saw growth…
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13 NovemberSupermarkets
New Asda owners sell stake in EG holding company
The Issa brothers, the new billionaire owners of supermarket giant Asda, have reportedly generated hundreds of millions of pounds by offloading a stake in its holding company to a number of global investors. According to Sky News, an Abu Dhabi sovereign fund and two Canadian pension funds have acquired a…
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13 NovemberNews
Tesco sets plans to reach net zero emissions by 2035
Tesco has announced its partnership with Low Carbon to create three new solar farms in a new effort to reach net zero emissions by 2035. The new solar farms are situated in Essex, Anglesey and Oxfordshire and will aim to generate up to 130 giga-watt hours of energy per year,…
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5 NovemberSupermarkets
Sainsbury’s to axe 3,500 jobs
Sainsbury’s has warned that 3,500 of its staff could be made redundant across its supermarket counters and Argos stores, in what is a major restructuring of the business. The supermarket said it has now closed all of its meat, fish and deli counters due to “reduced customer demand”, adding that…
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Oct- 2020 -20 OctoberSupermarkets
Asda opens new sustainability store
Asda has opened a new sustainability trial store and unveiled a new plastics reduction strategy that pledges that customers will not have to pay more for greener options. The supermarket has partnered with some of the UK’s most popular household brands including PG Tips, Vimto, Kellogg’s, Radox and Persil to…
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15 OctoberSupermarkets
Deloitte resigns as EG auditors amid Asda acquisition
EG Group has appointed KPMG as its auditors after Deloitte resigned from the role due to “concerns over its governance and internal controls’’, according to sources close to the matter who spoke with the Financial Times. The UK petrol station company’s billionaire owners recently agreed to a deal to acquire…
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14 OctoberSupermarkets
Tesco to hire 11,000 temporary staff
Tesco is set to hire more than 11,000 temporary members of staff to assist its stores during the festive period. New recruits will be hired across the UK and work in Tesco’s Superstores and Extra stores, with the focus being on filling roles in online delivery and store replenishment. Rachel…
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7 OctoberSupermarkets
Tesco profits soar despite coronavirus hit
Tesco has welcomed a surge in profits, with pre-tax profit soaring by 28.7% to £551m in the first-half of its financial year. In the same period, group sales rose by 6.6% to £26.7bn, up from £25bn reported the year before. While clothing sales were down by 17.2%, food sales were…
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