Ocado and Marks & Spencer see shares rise on reports of food delivery partnership January 28, 2019 Shares in Marks & Spencer and Ocado were up this morning following reports the firms are in talks over a possible food delivery partnership. Ocado and Marks & Spencer saw their shares rise five per cent and one per cent respectively in early trading after it emerged the retailer could sign a deal to use [...]
Supermarket sweep: Industry benefits from World Cup shopping spree September 18, 2018 The World Cup and sunny weather led consumers to spend almost £500m more at supermarkets over summer than they did the year before, according to new data released today. Alcohol spending grew by £228m, while people spent £178m more on fizzy drinks and £74m more on ice cream during one of the hottest summers on record, [...]
Supermarket sweep: Industry benefits from World Cup shopping spree September 18, 2018 The World Cup and sunny weather led consumers to spend almost £500m more at supermarkets over summer than they did the year before, according to new data released today. Alcohol spending grew by £228m, while people spent £178m more on fizzy drinks and £74m more on ice cream during one of the hottest summers on record, [...]
Aldi to expand into 130 new stores as sales rocket to £10.2bn October 1, 2018 German supermarket giant Aldi today announced major plans to open 130 new stores in the UK on the back of impressive sales growth last year. The expansion will create 5,000 new jobs in the UK, Aldi says, and is a big step on the way to the firm reaching its target of setting up 1,000 stores [...]
Tesco fraud trial: Former chairman Sir Richard Broadbent gives evidence November 9, 2017 Former Tesco chairman Sir Richard Broadbent told a court yesterday of the pressure facing Tesco in 2014 which caused him to replace the company’s chief executive. As early as 2013, Broadbent told the jury, “you could tell results were beginning to show a downward trend”. He said he had taken the decision to find a [...]
Britain’s trade bodies must confront challenges of their own January 31, 2019 What does the future hold for Britain's trade bodies? We hear a great deal about the disruption that poses huge challenges to their members but what of the disruption facing membership groups themselves? Many are struggling with declining membership rates, or the competing interests of the members who do remain. Take the British Retail Consortium [...]
Unleaded petrol pump prices in the UK: Petrol and diesel prices drop for third month in a row February 5, 2019 The price of petrol and diesel dropped for the third month in a row in January, as the cost per litre reduced by more than 1p. The UK average price of unleaded was 120.92p on average, while diesel was 130.01p, according to research from RAC Fuel Watch published today. Read more: Asda, Morrisons and Sainsbury's to cut price [...]
Supermarket sweep: Which FTSE 100 grocer is the best buy? August 14, 2018 British supermarkets haven’t had an easy ride lately. There’s been plenty for them to worry about – the biggest being the rising cost of imports as sterling has continued to slide (the pound dropped to €1.11 and $1.28 last week). A weak pound has tightened profit margins. And with heavy competition from discount retailers, passing [...]
Lidl set to open 38-acre warehouse in Leeds September 17, 2018 Budget supermarket Lidl has announced it will open a new, 38-acre warehouse site in Gildersome, Leeds, as part of its plans for long-term expansion. The new location will operate as a regional distribution centre for the company, and is expected to create around 500 jobs. Lidl is currently undertaking a £1.45bn expansion, with 16 distribution [...]
Lidl set to open 38-acre warehouse in Leeds September 17, 2018 Budget supermarket Lidl has announced it will open a new, 38-acre warehouse site in Gildersome, Leeds, as part of its plans for long-term expansion. The new location will operate as a regional distribution centre for the company, and is expected to create around 500 jobs. Lidl is currently undertaking a £1.45bn expansion, with 16 distribution [...]