All Supermarkets articles – Page 26
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NewsMorrisons’ credit rating downgraded by Moody’s
Morrisons’ credit rating has been downgraded by Moody’s following poor sales and profits.
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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.
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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.
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NewsTesco’s Ken Murphy: ‘Inflexible apprenticeship levy needs work’
Tesco boss Ken Murphy has taken aim at the government’s apprenticeship levy, which he said is causing staff to miss out on new training.
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Innovation of the WeekInnovation of the Week: Carrefour experiments with ChatGPT and generative AI
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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Opinion‘A Morrisons counter-attack could help restore the grocer’s fortunes’
Differentiation, a unique selling point that sets one business apart from another, is often talked about in retail but less frequently achieved.
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NewsLidl wins spend from ‘premium’ rivals M&S, Sainsbury’s and Waitrose
Lidl has reported a rise in customers switching from “premium” supermarkets as shoppers “increasingly turn to the discounter for its high-quality fresh produce”.
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NewsAsda to offer children free breakfasts during half-term
Asda has formed an exclusive partnership with Quaker Oats to offer children a free hot breakfast in February.
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NewsTesco exec Jason Tarry identified as potential replacement for David Potts
Tesco executive Jason Tarry has been recognised as a potential replacement for Morrisons chief executive David Potts, according to a report by This Is Money.
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NewsCompetition watchdog launches review into supermarket pricing
The Competition and Markets Authority (CMA) is launching a review into supermarket pricing to ensure that retailers are sticking to rules that help shoppers accurately compare products.
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NewsShop price inflation hits record highs across all categories
Inflation reached a record high during the first week of January, according to the newest figures from the BRC-Nielsen Shop Price Index.
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AnalysisSupermarket own-label: Will shoppers stay loyal when the cost-of-living crisis is over?
Own-label has amassed serious growth during the cost-of-living crisis but when the country gains a more economically stable footing, will the boom last?
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DataGrocery food inflation hits record levels as shopping bills surge
Grocery food inflation hit record levels in the month of January, driving already sky-high shopping bills even higher and wiping out any sense of relief shoppers may have felt at the end of 2022.
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NewsAsda leverages credit to offer financial support to suppliers
Asda has launched a programme leveraging its credit to provide working capital to suppliers in the face of the cost-of-living crisis.
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NewsLidl pledges spend of £4bn with British suppliers this year
Value grocer Lidl is accelerating its spend with British suppliers this year as it positions itself as a champion of national produce.
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NewsCostcutter owner Bestway Group takes £200m stake in Sainsbury’s
Bestway Group, which owns c-store chain Costcutter, has taken a £200m stake in Sainsbury’s.
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AnalysisStrategy spotlight: Five ways Sainsbury’s will stand out in a fiercely competitive market
As Costcutter-owner Bestway takes a stake, Sainsbury’s finds itself holding a challenging middle-market position between the discounters at one end, and Waitrose and Marks & Spencer at the other. Retail Week’s Prospect analysts explore five ways Sainsbury’s will differentiate itself in a fiercely competitive market.
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NewsMorrisons profits come in at top end of guidance despite slump
Morrisons has reported a slump in full-year profits and sales but said adjusted EBITDA will come in at the top end of guidance in the third quarter.
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NewsAsda launches consultation with more than 4,000 staff on changes to roles and pay
Asda has begun a consultation with thousands of staff over changes to their jobs, which is likely to lead to the termination of hundreds of roles.
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NewsSainsbury’s debuts overnight drive-thru serving up free hot food
Sainsbury’s is trialling its first-ever overnight drive-thru in a bid to cater for shift workers.