All Supermarkets articles – Page 25
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NewsShop prices soar as inflation hits highest rate since 2008
Shop prices have soared across all the metrics with inflation hitting the highest point in 14 years, with consumers facing the biggest cut in income since the 1970s.
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NewsGrocery inflation hits 13-year high costing customers an extra £380 a year
Grocery inflation has hit a 13-year high in the month of June, with food bills on course to increase by an average of £380 a year for customers.
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News‘The worst is yet to come’ on food prices warns ex-Sainsbury’s boss
Former Sainsbury’s chief executive Justin King has warned consumers “the worst is yet to come” on food prices amidst warnings that doubledigit inflation could last for more than a year.
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AnalysisAnalysis: Basket sizes shrink and customers trade down at Tesco as cost-of-living crisis worsens
While Tesco delivered a steady set of first-quarter results, boss Ken Murphy is braced for worse to come this year as he outlined changing customer behaviour in response to soaring costs.
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AnalysisTalking Shop: Has Covid changed the layout and purpose of the store forever?
As retailers re-evaluate their store portfolios, an increasingly radical range of options and uses are being trialled by some of the UK’s biggest retail chains. In the first instalment of Retail Week’s examination of how Covid has changed the store, Mark Faithfull looks at some of the tests and pilots under way and how they might inform the next generation of stores.
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NewsAsda reshuffles senior management pack after KFC poaches director
Asda has reshuffled its senior management team after KFC poached its chief customer officer Meg Farren.
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NewsMorrisons increases basic pay for all UK staff to £10.20 an hour
Morrisons has increased its base pay rates for frontline staff to £10.20 an hour across the whole UK, making it the highest-paying supermarket in the country.
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NewsCD&R clears final hurdle for £7bn Morrisons acquisition
Clayton, Dubilier & Rice (CD&R) has been given the all-clear to complete its £7bn acquisition of Morrisons after the competition watchdog agreed to its offer to sell some petrol forecourts.
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NewsPlatinum jubilee drives footfall bounce as grocers report strong trading
The extended platinum jubilee bank holiday was a boon for retail footfall, as some grocers reported strong sales in alcohol and commemorative food products despite the cost-of-living crisis.
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NewsSainsbury’s commits to £500m price investment as customer concerns grow
Sainsbury’s chief executive has committed the grocery giant to invest a further £500m in lowering prices as customer concern over the cost-of-living crisis increases.
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NewsAsda sales slump against strong comparables as cost-of-living crunch bites
Asda has reported a slump in first-quarter sales against strong like-for-like comparables as the cost-of-living crunch begins to hit consumers.
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NewsEG Group profits and sales jump on the strength of foodservice offering
Petrol forecourt giant EG Group has reported a leap in profits and sales in the first quarter off the back of strong performance from its growing food business.
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NewsGrocery sales slump as surging inflation leaves consumers ‘struggling’
Take-home food sales slumped in a month where inflation hit levels not seen since 2009, leaving millions of customers ‘struggling’ to make ends meet.
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NewsWorld ‘on the brink of food crisis’ warns IMF boss
The ongoing war in Ukraine and the unprecedented supply disruption has brought the world economy to the brink of a food crisis, warned the International Monetary Fund boss on the first day of the Economic Forum in Davos.
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AnalysisIn pictures: Platinum jubilee – a look back at 70 years of seismic change in retail
As the nation celebrates the Queen’s platinum jubilee, we take a look at how retail has been transformed during her reign, from the rise of self-service to the emergence of consumer culture.
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NewsMorrisons prevails in race to snap McColl’s out of administration
Morrisons has beaten off competition from Asda owners the Issa brothers to snap up embattled c-store specialist McColl’s out of administration.
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AnalysisAnalysis: Can Sainsbury’s food-first focus stand up to inflationary pressures?
A year into its strategy to put food back at the heart of its business, Sainsbury’s has delivered strong profit growth. Yet as the cost-of-living crisis begins to bite, the grocer is faced with unique challenges on top of the hyper-inflationary market
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DataData: Grocery sales fall for first time since pandemic began as food inflation surges
Take-home grocery sales went into reverse in April for the first time since the pandemic began, as rampant food inflation hit its highest level since 2011.
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NewsAsda increases pay for shop staff as cost-of-living crisis bites
Supermarket chain Asda has joined its rivals in increasing the pay of its frontline shop staff as the cost-of-living crunch continues to ramp up.
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NewsExclusive: Grocers face further pressure following collapse of major Greencore supplier
Grocers face the prospect of further pressure on food availability and price following the collapse into administration of a Dutch-Spanish fruit and vegetable grower.
