Asda has endured a challenging festive season, with the supermarket’s market share reaching a fresh low during December. The retailer experienced its twenty-second consecutive month of decline, signalling persistent difficulties
Supermarkets2- Page
88Articles
The once-dominant catalogue retailer Argos, acquired by Sainsbury’s for £1 billion in 2016, has evolved from a promising strategic asset into what many City analysts now regard as a significant
Sainsbury’s is mounting a strategic challenge to Marks and Spencer’s established position in the middle market fashion sector through a significant expansion of its Tu clothing brand into premium product
The UK arm of German discount retailer Aldi has announced record Christmas sales, with revenues rising 3% year on year to £1.65 billion during the four weeks to 24 December.
Supermarket Income REIT PLC has completed the acquisition of three long-let grocery stores across the United Kingdom for a total consideration of £97.6 million. The properties are occupied by Tesco,
British livestock producers are confronting intensified competition following a substantial increase in Australian meat imports since the May 2023 free-trade agreement between the two nations came into force. The surge
Asda has offloaded two dozen supermarkets and a distribution depot in a £568 million transaction designed to alleviate the retailer’s substantial £3.8 billion debt burden. The sale represents the latest
Executives at major supermarkets are taking strategic steps to navigate the changes introduced by Labour’s landmark Employment Rights Act, which recently received Royal Assent. As this new legislation prepares to
Morrisons has been handed a tax bill of seventeen million pounds after the High Court ruled its rotisserie chickens are subject to a twenty percent VAT rate. The British supermarket
Morrisons has become the first leading UK supermarket to announce a delay to its net zero target, marking a significant shift in the company’s commitment to environmental goals. The Bradford-based
Chocolate prices have soared by nearly 20 percent ahead of Christmas, as ongoing volatility in the cocoa market and rising production costs prevent any respite for consumers. Data from Worldpanel
Daniel Kretinsky, the Czech industrialist known as the Czech Sphinx, has emerged as the largest shareholder in Sainsbury’s after the Qatar Investment Authority agreed to sell a significant portion of
The price of meat in British supermarkets has risen significantly compared to plant-based alternatives, with new data revealing that the growing gap between the cost of meat and that of
Asda is facing fresh turbulence after a £1 billion IT upgrade led to significant operational disruption and a marked decline in sales, with the company bracing for a difficult festive
Staff at Asda’s Leeds headquarters were recently welcomed by a mock mountain base camp and rock-climbing wall, part of a training event orchestrated by executive chairman Allan Leighton. The Alpine
Supermarket competition in the United Kingdom is under scrutiny as senior retail executives voice concerns about alleged anti-competitive practices by German discount chains Aldi and Lidl. Executives from established grocery
