Analysts applaud Dave Lewis’ efforts to turn around Tesco October 5, 2016 Tesco posted a 0.6 per cent increase in UK like-for-like sales this morning and analysts have been reacting well to chief executive Dave Lewis' efforts to revive the embattled retailer. And the market seems to agree with them, with the retailer's share price jumping nine per cent in early morning trading. Lewis has been managing [...]
Consumers’ own-label attitudes could pose a challenge to big brands November 30, 2016 Last week, Morrisons announced it was bringing back the Safeway brand. Originally a chain of supermarkets that the retailer absorbed in the mid-2000s, Morrisons has decided to launch a new range of own-label goods under the Safeway banner. An analysis of YouGov Profiles data shows that there are notable divergences among customers of certain supermarkets. [...]
Supermarket sales continue to edge upwards in the months following the Brexit vote September 20, 2016 Supermarket sales continued to edge upwards this month, increasing by 0.3 per cent for the three months ending 11 September. The growth was against a backdrop of price deflation of 1.1 per cent. Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, said: “While overall sales growth has been slow, consumers have been keen [...]
Asda records ninth consecutive quarterly sales drop November 17, 2016 Asda has reported yet another sizeable drop in sales. The struggling retailer has posted a like-for-like sales drop of 5.8 per cent in the three months to the end of September. This is the the ninth quarterly fall in sales in a row for the company which is suffering due to intense price competition from discount [...]
Aldi wants to lure craft beer fans with… craft wine November 4, 2016 You can see Aldi's thinking. "Craft beer's still doing well: what next?" And it's landed on… craft wine. The discount supermarket is cracking open a range of "craft-beer-style wines" this month which it says will turn traditional wines "on their head". It's betting on the "Whole Foods generation and millennial drinkers" toasting the new beverages as many [...]
Morrisons’ bounce back shapes up with same-day delivery Amazon tie-up (but it’s bad news for Ocado’s share price) November 16, 2016 The dream team is very much in business. Yes, that's right: Amazon and Morrisons have developed their tie-up to launch the aptly named Morrisons at Amazon service. But it's bad news for Ocado: shares were down 9.4 per cent by the early afternoon. Ouch. From today, Amazon Prime customers in selected areas can order a full [...]
Sorry supermarkets, grocery spending in Europe is growing at its slowest pace ever August 17, 2016 Consumer spending at supermarkets grew at its slowest pace in eight years – a historical low – as the price wars continue to take a toll, new figures reveal. The money making its way through supermarkets' tills grew by just 0.8 per cent across Europe in the second quarter of the year compared to the same period in 2015, [...]
Lidl becomes official supermarket of the England football team November 17, 2015 England's football team will be indulging in Lidl's selection of discount goods after the supermarket signed a three year deal to become its official food supplier. It will also supply fruit and veg to the Scottish and Welsh national teams. Lidl will also become a backer of the FA's grassroots football initiatives which aim to give professional coaching [...]
Tesco, Morrisons, Aldi, Lidl, Asda and Sainsbury’s: What to expect from the supermarket sector’s Christmas results January 5, 2016 Supermarkets were going for broke this Christmas, after a poor year of trading for the likes of Tesco, Morrisons and Asda, with Sainsbury's the only one of the Big Four in growth in the run-up to the festive period. But with challengers Lidl and Aldi stealing market share from the price conscious, while Marks & Spencer and [...]
Now Lidl’s getting into the online grocery delivery business after Amazon Fresh’s UK debut and Aldi’s plans, taking on Tesco, Sainsbury’s, Asda and Morrisons November 24, 2015 Fresh from Amazon's launch into the highly competitive grocery delivery game with Pantry, is fellow supermarket disrupter Lidl about to follow suit? The German discounter, which is already giving the big four a run for their money in bricks and mortar, has snapped up a fresh food delivery startup in its home country. Kochzaube, which delivers fresh [...]