Queuing for shop releases is not just the pursuit of devoted tech fans or trainer collectors these days. It is now a regular sight among middle-class Americans at their local
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Asda has suffered a decline in market share, raising the prospect of being overtaken by Aldi as Britain’s third largest supermarket. New industry figures from Worldpanel show Asda’s sales fell
Food prices across British supermarkets have surged at their fastest rate in more than a year, intensifying pressure on household budgets nationwide. Fresh data from Kantar reveals grocery prices climbed
The boss of Tesco has issued a stark warning regarding an escalating price war among UK supermarkets, forcing the country’s largest grocer to implement significant cost-cutting measures and revise its
Allan Leighton, Asda’s executive chairman, is spearheading a bold strategy to rejuvenate Britain’s fourth-largest supermarket chain. Returning to Asda last November after a 24-year hiatus, Leighton is confronting a business
Amid mounting concerns over a potential intensification of the ongoing grocery price war, over £4 billion has been wiped off the value of Tesco, Sainsbury’s, and Marks & Spencer shares.
In a significant blow to the UK’s retail landscape, Asda’s market position has deteriorated further as recent data reveals a concerning decline in its grocery market share. The supermarket chain,
British supermarket sales surged to £11.6 billion last month, reaching their highest level since the pandemic-induced panic buying of 2020, driven by early Christmas shopping and Halloween celebrations. Market researcher
Richard Walker, the managing director of Iceland, has cautioned the Labour Party that a sudden and substantial rise in the minimum wage could potentially bankrupt his business. Walker, a former
The situation facing Britain’s private equity-owned supermarkets is becoming increasingly challenging. Morrisons is experiencing a significant loss of senior management, with seven directors, including convenience director Miles Foster, property director
In 2009, supermarkets across the United Kingdom embarked on a self-service revolution, replacing traditional cashier-manned tills with automated checkouts. The aim was to speed up transactions and reduce labour costs.
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