Sainsbury’s expected to ask for more time over Home Retail Group bid as Christo Wiese’s Steinhoff International joins the party February 21, 2016 Sainsbury’s is expected to ask for an extension to tomorrow’s deadline for making a firm offer for Home Retail Group after a South African retail conglomerate waded in at the eleventh hour with a higher offer. The supermarket chain revealed earlier this month that it had reached an agreement with Home Retail over a possible cash [...]
Putting the super back into the supermarkets: What the Co-op rebrand tells us about the current state of the sector June 1, 2016 The unveiling of the Co-op rebrand last week was the latest sign of a major shift in the supermarket arena. The brand’s decision to revert back to its origins, resurrecting – albeit also modernising – its 1968 logo, was a clear attempt to spark an emotional connection with an audience for whom loyalty is meaning [...]
Aldi, Ocado, Morrisons, Tesco and Sainsbury’s are all making moves to win market share, but Asda’s next step is unclear March 9, 2016 The latest supermarket sales data has painted a slightly less gloomy picture than has become customary for Britain's big four grocers, hinting that the billions poured into lowering prices and luring back customers might finally be paying off. Despite a brutal price war that has savaged Tesco, Asda, Sainsbury’s and Morrisons, data from Kantar has shown [...]
Discount high street chain launched by Christo Wiese and ex-Asda boss Andy Bond plots more store openings April 28, 2016 Pep&Co, a discount variety chain launched last year by former Asda boss Andy Bond and Christo Wiese, the South African retail magnate, has announced plans to roll-out more stores this autumn after opening 50 sites in just over 50 days last summer. Wiese already snapped up discount chain New Look through his investment vehicle Brait in 2014. However, [...]
Tesco to accept Sainsbury’s brand match coupons after rival supermarket pulls out of promotional deals April 11, 2016 Promotional deals might be on their way out across the UK's supermarket sector but there is one place where they are still thriving. Tesco has said it will accept customers' brand match coupons issued by Sainsbury's – just days after the rival supermarket said it was shutting down its scheme. Sainsbury's said last week that coupons would no [...]
Sainsbury’s braced for first loss in a decade as supermarkets move to downsize May 5, 2015 Battling with excess space and a revival at Tesco, Sainsbury’s is having to fight harder than ever. It is early on a weekday morning, and the first wave of customers are yet to arrive at Sainsbury’s revamped store in Wandsworth – its aisles stacked high with everything from garden furniture to Le Creuset-style saucepans [...]
Low fuel prices means it’s cheaper to run a car now than it was in 2013 June 6, 2016 One of a household's biggest bills is being held down by low oil prices. The average annual cost of running a car is around 22 per cent – or £622 – less than 2013, coming in at £2,197.42. The decline is due to the price of petrol at the pump, which makes up almost half of the costs of [...]
Record grocery deflation hurts sales at Tesco, Asda and Morrisons and Sainsbury’s May 6, 2015 All four of Britain’s major supermarkets saw sales fall over the last 12 weeks, while the discounters continued to slow, as grocery price deflation reached another record low, figures released yesterday show. Sainsbury’s was the strongest performer among the big four despite a 0.2 per cent fall in sales thanks to its increased focus on [...]
Lidl steps up expansion with plans for giant distribution hub in Devon, creating 500 jobs April 18, 2016 Lidl has revealed plans to build a new distribution centre in Devon, as the fast-growing discounter presses ahead with its expansion in the south west of England. The supermarket chain bought the site in Clyst Honiton near Exeter airport in February from Sainsbury’s after the rival chain aborted its own plans for a depot. Read [...]
Sainsbury’s cuts back on Nectar loyalty rewards April 12, 2015 Sainsbury’s has halved the number of Nectar points its customers can earn, sparking fears that frustrated shoppers will turn to discounters such as Aldi and Lidl instead. The retailer made changes to the loyalty scheme this weekend, meaning members now only earn one point for every £1 spent in-store and online, as opposed to two [...]