Latest supermarket news – Page 25
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Asda appoints new retail media network operator
Research by Boston Consulting Group suggests advertising on retailers’ owned channels offers “robust margins” of 70% to 90%
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M&S investing £30m in Scottish stores
New or expanded stores are set to open in Aberdeen, Dundee, Edinburgh, Largs and Linlithgow
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Health groups in fury over ‘watered down’ junk food ad ban
The Advertising Standards Authority (ASA) launched a consultation last month over the new regulations
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Waitrose and Biscuiteers partner for Valentine’s bouquets
The two new products both feature roses sourced via the Waitrose Foundation
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Sainsbury’s shakes up leadership team as Paula Nickolds leaves
Paula Nickolds will leave to become CEO of The White Company
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Lidl’s winning Christmas credited to loyalty app
Customer data gathered through the Lidl Plus app is seen as having enabled the discounter to better land key festive ranges at the optimum time
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City snapshot: Sainsbury’s to wind down core banking operations
Sainsbury’s has announced it will wind down its core banking operations and instead offer financial services via third party financial groups. Plus updates from Cranswick, Pepco, Bakkavor, Naked Wines and C&C Group
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Morrisons latest to introduce flexible hours, in HQ shake-up
It is the latest in a series of changes to management staff at HQs and stores to have been carried out by retailers
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Sainsbury’s taps StrongPoint for manual picking solution
StrongPoint’s in-store manual picking solution – which the company claims to be the world’s fastest and most efficient – is being rolled out estate wide
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Food manufacturers struggling more with inflation than other sectors
Food manufacturers’ margins have been squeezed in 2023 as retailers fought hard against cost price increases
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Sushi Daily trials chopstick sleeves made from surplus salmon skin
The limited-edition product is made using salmon skin offcuts taken from some of its French stores
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About 100 Lidl warehouse workers entering consultation over site closure
Lidl said it hoped to redeploy the vast majority at alternative sites
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Häagen-Dazs launches duo of ice cream Bites snacks
Two variants – Salted Caramel and Chocolate – have rolled into Morrisons
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Major apple supplier begins shutdown following price challenges
The apple producer cited a lack of retailer returns as a significant reason for its financial challenges
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Spanish chorizo sales soar in UK following marketing push
The Consorcio del Chorizo Español saw 1.69 million kilos of its labelled Spanish chorizo exported to the UK, an increase of 28% on the same period last year
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Aldi cutting price of 40 popular lines by up to 17%
‘This latest round of price cuts will help our shoppers make significant savings on their weekly food shop,’ said Aldi UK buying MD Julie Ashfield
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Booths enjoys ‘record’ Christmas sales as customers buy more festive staples
Demand for a ‘very traditional British Christmas’ led customers to spend more, Booths said
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City snapshot: Ocado returns to double-digit growth amid ‘record’ Christmas
Ocado Retail returned to double-digit growth in its fourth quarter to the end of November, while it also posted “record” Christmas sales amid volumes growith. Plus updates from THG, McBride and Eagle Eye
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Morrisons owner CD&R brings in Dave Lewis for advisory role
Private equity giant Clayton, Dubilier & Rice has hired former Tesco boss Sir Dave Lewis as an advisor to help it grow its global retail empire
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Asda denies four-day week plans are result of management turnover crisis
Asda said its trial was part of an increasing trend for retailers to look at more flexible patterns of work