All Supermarkets articles – Page 17
-
NewsAsda profits plummet as inflation costs and investing in prices hit bottom line
Supermarket giant Asda has reported plummeting profits as spiralling costs and investing in keeping prices lower for customers hammered its bottom line.
-
NewsFood inflation surge drives shop prices to fresh highs
The highest levels of food inflation on record drove overall shop prices to fresh highs during the ongoing cost-of-living crisis in March.
-
NewsEx-John Lewis boss Street: Staff ownership changes would be ‘a tragedy’
Ex-John Lewis boss Andy Street has urged the retailer not to change its staff ownership model, saying any move to take outside investment would be “a tragedy”.
-
NewsIssa brothers eye £12bn merger of Asda and EG forecourt empire
The billionaire Issa brothers are reportedly racing to complete a merger of the Asda supermarket chain and their UK petrol stations in a bid to slash debt.
-
NewsTesco expands Whoosh rapid delivery to 1,000 stores
Tesco has expanded its Whoosh rapid delivery service to 1,000 stores, exceeding its rollout target by 25%.
-
NewsTesco to slash the value of Clubcard points from the summer
Tesco is cutting the value of its Clubcard rewards scheme for members.
-
NewsExclusive: Claire’s launches in-store partnership with Asda
Fashion retailer Claire’s has announced a partnership with Asda and will stock its products in over 500 supermarkets across the UK as part of an “ongoing successful consumer products partnership”.
-
NewsAldi unveils another pay rise for shop workers
Discounter Aldi has given shop workers a fresh pay rise, taking their base pay across the UK to £11.40 an hour.
-
NewsEG Group hails ‘resilient performance’ in tough economic environment
Petrol forecourt company EG Group has reported a “resilient performance” through its foodservice, grocery and merchandise, and fuel services despite a tough year that saw elevated operating costs.
-
NewsMorrisons swings to significant loss in year after private equity buyout
Morrisons has been racking up losses since its buyout by US firm Clayton, Dubilier & Rice (CD&R), according to new documents filed on Companies House.
-
NewsFood tsar blames grocery shortages on ‘weird supermarket culture’
Food tsar and Leon founder Henry Dimbleby has blamed the UK’s “weird supermarket culture” for the ongoing shortages of certain vegetables on grocers’ shelves.
-
NewsMorrisons puts 1,000 roles at risk as it ditches 80 maintenance suppliers
Supermarket giant Morrisons has made the decision to shift to a single maintenance provider, down from more than 80, putting more than 1,000 jobs at risk.
-
NewsQuarter of shoppers struggling as grocery inflation soars to highest recorded level
A quarter of UK customers are struggling with their food bills as grocery inflation soared to its highest level ever recorded.
-
NewsTesco and Aldi latest grocers to place purchasing limits on fruit and veg
Supermarket giant Tesco and discounter Aldi have placed limits on fruit and veg purchases, following moves by competitors Morrisons and Asda.
-
NewsTesco makes ‘biggest ever investment’ in pay as hourly wages top £11 an hour
Tesco has reached an agreement with shopworkers’ union Usdaw, which will push store staff pay above £11 an hour for the first time.
-
NewsMorrisons cuts own-brand prices for second time this month
Morrisons is cutting the price of its own-label range for the second time in less than a month as it comes under increasing pressure from rivals.
-
NewsAldi to hire 6,000 new staff across the UK in 2023
Discounter Aldi has pledged to recruit 6,000 new staff across the UK this year.
-
NewsMorrisons’ credit rating downgraded by Moody’s
Morrisons’ credit rating has been downgraded by Moody’s following poor sales and profits.
-
NewsWaitrose invests £100m into slashing own-brand prices
Waitrose & Partners is to invest £100m in cutting the prices of hundreds of its own-brand products in a bid to compete with rival supermarkets as the grocery sector deals with record-high inflation.
-
NewsFormer Aldi boss Matthew Barnes could replace David Potts
Former Aldi UK chief executive Matthew Barnes has been identified as a potential successor to David Potts at Morrisons.