Ocado’s ‘M&S’ magic fails to impress as shares trade down despite revenue boost March 28, 2023 Ocado said it had helped by some “M&S magic” as the grocery chain’s joint venture with the high street stalwart boosted sales by 3.6 per cent in its first quarter. Shares in the online grocer were last trading down 1.97 per cent or 8.9p at 443.20p. The up market online grocer, which posted a pre-tax [...]
Sainsbury’s profits dip as supermarket giant battles to keep prices low November 3, 2022 Sainsbury’s has posted subdued half-year profits, after taking a hit to keep prices competitive for customers and boost pay for staff. The supermarket giant, which also owns Argos, said underlying pre-tax profit dipped eight per cent to £340m over the half-year to 17 September , compared with the same period last year. It had previously [...]
Sainsbury’s cuts prices as supermarkets battle to provide cheap food in cost of living crisis February 20, 2023 Sainsbury’s has become the latest British supermarket to try and reduce the price of their products, after it revealed it will launch discount £2 fruit and vegetable boxes. Sainsbury’s said that its ‘Taste Me, Don’t Waste Me’ boxes will include a variety of surplus fresh fruit and vegetables with the boxes being sold at a [...]
Coronavirus: Aldi, Morrisons and Waitrose ease stockpiling restrictions March 31, 2020 Supermarkets have begun to ease restrictions on the number of productions shoppers can purchase as availability has improved following a spike in coronavirus-related stockpiling. All major UK supermarkets were forced to limit the number of items customers could buy earlier this month, to combat an increase in panic buying. Aldi announced this morning that, while [...]
Has Tesco benefited from people trading down? April 10, 2024 Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers.
Waitrose and Lidl impose stricter coronavirus measures in supermarkets March 24, 2020 Supermarkets are ramping up measures to protect staff and customers amid the coronavirus outbreak as the UK heads into lockdown. On Monday, Prime Minister Boris Johnson ordered all “non-essential” shops to close, leaving just supermarkets and pharmacies among those still open. Supermarkets have struggled to keep shelves replenished as Brits stockpiled goods amid the outbreak, [...]
Pubs to remain open on Monday for Queen’s funeral September 14, 2022 Pubs across the country will be opening their doors on the day of the Queen’s funeral, as waves of mourners flock to the capital. The UK’s largest pub group, Stonegate, said its managed venues would remain open on the bank holiday on Monday. A spokesperson said that “where possible” would screen the funeral, following the [...]
Why now is the time to try Greek wine May 30, 2024 Having made wine for centuries, a modern wave of Greek wine has had sommeliers and supermarkets alike clamouring for more
Staff at John Lewis to share £46m bonus pot after profits rebound by nearly 40 per cent March 10, 2022 Staff at the John Lewis Partnership will share a £46m bonus pot after the retail giant saw underlying annual profits rebound by 38 per cent. The group, which also owns upmarket supermarket chain Waitrose, said it will pay a bonus of 3% to its employees, or one-and-a-half weeks’ pay, and increase wages by 2 per [...]
Ignore the haters: why Sauvignon Blanc is defiantly back in fashion May 1, 2024 Sauvignon Blanc requires your attention this spring