As Amazon Fresh launches in London, does it pose a real threat to UK supermarkets? June 10, 2016 Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, says Yes. The last thing that the traditional British supermarkets want is another challenge to their model – they’re still busy fending off the shock of Aldi and Lidl’s sharp pricing model. Online grocery sales are growing well ahead of the overall market, so it’s [...]
Valentine’s Day 2016: Morrisons is selling oysters for 25p each ahead of Valentine’s Day – the same price as a Cadbury Freddo February 8, 2016 Lidl may be famous for its champagne, but one of the big four supermarkets appears to be fighting the competition by slashing the price of oysters ahead of Valentine's Day this year. Morrisons is to sell fresh British oysters for just 25p each – the price of an average Cadbury Freddo in a move to try to outshine its [...]
Melons and pineapples? Who cares? It will take more than that for supermarkets to fight off AmazonFresh June 10, 2016 Tesco’s current ad features a couple debating whether or not to drive to their local branch to exchange a melon for a pineapple. “We need an excuse,” says the husband. “What? Like I’m long-sighted and I mistook it for a large grape?” replies the straight-thinking wife. The commercial highlights the supermarket’s “No Quibbles” policy. Bought [...]
Whole Foods teams up with startup Quiqup to deliver groceries on demand across London June 3, 2016 US import Whole Foods Market has entered the online grocery game – and stepped it up a notch, promising to start delivering to Londoners within a two-hour timeframe. The upmarket grocer has partnered with startup delivery firm Quiqup to provide an online shopping service from its Kensington, Piccadilly, Fulham, Clapham Junction and Camden stores. The Stoke Newington and [...]
Supermarkets abandon more schemes as pressure mounts on Sainsbury’s, Morrisons, Asda and Tesco March 8, 2016 The number of developments ditched by Britain's supermarket titans has jumped since the first half of the year, with construction and planning applications also in decline, new research shows. Property advisory firm CBRE's latest analysis of the grocery property market shows that the number of abandoned schemes rose by 13.3 per cent in the second half of 2015. Proposed projects [...]
For Asda boss Andy Clarke, the nadir may be yet to come May 20, 2016 It takes a brave man to call the bottom. It's just so easy to get it wrong. Asda boss Andy Clarke certainly appears to have jumped the gun when he said last August that the Walmart-owned supermarket had reached its “nadir”. At the time, his words were meant to give reassurance that, although the business [...]
Tesco drags Sainsbury’s and Morrisons share price down too April 13, 2016 Tesco might have hoped for a better reaction to its news that it has returned to profit this morning than for investors to send its share price tumbling. Perhaps it was the relatively cautious statement given by chief executive Dave Lewis, or the fact that while profits were above consensus expectations, sales missed by a touch. Or [...]
Tesco’s share price looks perky as company announces sale of Harris and Hoole coffee chain to Caffe Nero June 23, 2016 Supermarket chain Tesco is selling Harris and Hoole coffee chain to Caffe Nero, it said in its first quarter trading statement this morning. "Together, these sales allow us to place even greater focus on our core UK business," the company said. The retailer's share price was up by 2.82 per cent in early morning trading [...]
More needs to be done for mums to go to Iceland March 16, 2016 As the challenger discount supermarkets continue to expand their market share, more established rivals are reacting in differing ways in their attempts to recoup lost ground. Iceland, known for its inexpensive frozen produce, has been trying to reposition itself. By improving the quality of its offering, it is aiming to broaden its appeal in the [...]
Tesco share price falls as supermarkets suffer for third day amid renewed concerns about discounters Aldi and Lidl August 20, 2015 When one supermarket sneezes, it seems the rest catch a cold. Shares in troubled supermarket Tesco fell to their lowest level since January this morning, two days after Asda reignited concerns over the threat from German discounters. Tesco shares dropped 1.77 per cent today, while Sainsbury's shed 0.77 per cent. Both are down about four percent since [...]