All Grocery articles – Page 70
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DataRanking: Amazon, Tesco and Asda offer best customer experience, say shoppers
Amazon, Tesco and Asda have come out on top of an exclusive consumer poll asking which retailers offer the best customer experience, but Aldi isn’t far behind.
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Innovation of the WeekInnovation of the Week: Walmart soars ahead with drone deliveries
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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AnalysisAnalysis: How retail confounded the doom and gloom to achieve a very merry Christmas
As soon as retailers’ Christmas updates started coming in, it was clear that something unexpected had happened – the festive season had been better than anticipated for many
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NewsVirgin Wines issues profit warning following ‘difficult trading period’
Virgin Wines has issued a warning on full-year profits after a harsh half-year trading period hampered by strikes and operational problems.
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NewsTesco wins Christmas sales boost and holds profit outlook
Tesco has reported an uplift in sales over the Christmas period and stuck to its full-year profit guidance.
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NewsMarks & Spencer posts ‘strong Christmas growth’ as food and fashion sales climb
Marks & Spencer has reported that its food business “outperformed” over Christmas and it saw “outstanding” results in clothing and home.
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NewsSainsbury’s defies inflationary gloom to deliver ‘best possible Christmas’
Sainsbury’s has raised full-year profit expectations after reporting a jump in sales across its core grocery and Argos businesses during the festive period.
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NewsMajestic toasts Christmas trading after winning record market share
Majestic Wine reported strong growth in sales over the festive season and achieved its highest-ever market share, despite fierce competition from the supermarkets.
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Opinion‘2023 profit fight will be won by operating model resilience and agility’
Retailers that put all their eggs in the basket of defying the gravity of industry volume decline will find the going tough and likely put their balance sheets under significant pressure, maintains OC&C’s Matt Coode
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NewsDecember sales rise as Christmas brings some cheer for retailers
UK retail sales rose in December 2022 but the uptick masked a drop in volumes due to inflation running at historically high levels, the latest BRC-KPMG Retail Sales Monitor has found.
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NewsLidl Christmas sales soar as shoppers tighten belts
Lidl attracted more than 1.3 million customers and grew sales by almost 25% in the run-up to Christmas.
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NewsWaitrose launches month-long offers to help customers with cost of living
Waitrose is offering customers price reductions across thousands of products during January to help ease the ongoing cost-of-living crisis.
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NewsB&M profits to come in ahead of expectations after Christmas sales advance
Value powerhouse B&M reported a “very good” seasonal performance at its core UK business and full-year earnings are now expected to beat City expectations.
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NewsGreggs beats strikes and bad weather to post strong seasonal sales
Food-on-the-go specialist Greggs generated a big Christmas sales rise to end the year strongly.
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NewsSainsbury’s unveils ‘biggest ever’ investment in higher staff pay
Sainsbury’s is making its “biggest ever” investment in higher wages for staff, bringing its hourly pay rate up to at least £11 per hour.
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NewsGrocery sales hit record £12.8bn over Christmas as inflation drives up prices
Take-home grocery sales passed the £12bn mark for the first time in December, with inflation the key driving factor as volumes decreased.
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NewsMorrisons slashes prices on 130 items as cost of living bites
Supermarket giant Morrisons has reduced the prices on 130 items at the start of the year including bread, meat and cheese to help shoppers struggling with ongoing inflation.
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NewsFood inflation leaps to highest rate on record
Food inflation has risen to its highest rate on record, accelerating to 13.3% last month, the latest figures from the BRC-Nielsen Shop Price Index have shown.
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NewsGymshark and Boden founders recognised in new year honours
Gymshark founder and chief executive Ben Francis has been awarded an MBE for services to business in the 2023 new year honours list.
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NewsAldi hails record Christmas as World Cup and festive trading boost sales
Aldi has reported surging sales as the World Cup and the festive period, combined with a flight to value driven by the cost-of-living crisis, helped deliver its “best Christmas ever”.