Clik here to view.
Lidl is now more popular than Waitrose
LONDON — Lidl has overtaken Waitrose to become the UK's seventh biggest supermarket, according to a new consumer survey.Data from Kantar Worldpanel shows German discounter Lidl grew its market share by...
View ArticleClik here to view.
Tesco CEO: Ex-Sainsbury boss is wrong on Brexit — but 'no deal' could push up...
Ex-Sainsbury's CEO Justin King said Brexit will lead to "higher prices, less choice, and poorer quality" at supermarkets.Tesco CEO Dave Lewis says EU exit won't affect choice orquality but says prices...
View ArticleClik here to view.
Britain's 'Big Four' supermarkets are bleeding market share to Lidl and Aldi...
LONDON, Oct 17 (Reuters) - Britain's "Big Four" supermarkets all lost market share in the 12 weeks to Oct. 8 despite growing sales as the march of the discount chains continued, Kantar Worldpanel said...
View ArticleClik here to view.
Sainsbury's is cutting 2,000 UK jobs (SBRY, TSCO, WMT, MRW)
Sainsbury's looking to cut up to 2,000 roles in payroll and HR.Part of a wider drive to save £500 million a year in costs.Oct 17 (Reuters) - Sainsbury's, Britain's second-biggest supermarket group...
View ArticleClik here to view.
A terrible Christmas for retailers could be disastrous for the UK's economic...
Marks & Spencer and House of Fraser are the latest big retailers to report bad Christmas sales.Conditions on the High Street are "very difficult" as consumers cut spending to cope with inflation...
View ArticleClik here to view.
A popular supermarket chain is facing backlash for 'touch-free' meat...
Popular supermarket Sainsbury's is facing backlash for introducing plastic chicken pouches for "millennials who are afraid of touching raw meat."The supermarket made the decision after a survey...
View ArticleClik here to view.
Sainsbury's is buying Asda from Walmart in a $10 billion deal — but an...
Sainsbury's is planning to merge with Asda in the UK to create a £13 billion supermarket giant.Walmart has owned Asda since 1999 but the low-priced retailer has been struggling recently.Walmart will...
View ArticleClik here to view.
How Goldman Sachs, UBS, and more reacted to Walmart's $10 billion 'Black...
LONDON — UK supermarket Sainsbury's on Monday confirmed a surprise deal to buy rival Asda from Walmart in a $10 billion (£7.3 billion) transaction.Sainsbury's will pay Walmart £2.9 billion ($3.9...
View ArticleClik here to view.
CEO of supermarket chain caught singing 'We're in the money' after $10...
Mike Coupe, CEO of the UK-based supermarket chain Sainsbury's, was caught on tape singing "We're in the money" before a live TV interview on Monday.Sainsbury's has announced a merger with Walmart-owned...
View ArticleClik here to view.
2 of Britain's largest supermarkets are being investigated after people...
British authorities are investigating Sainsbury's and Tesco following reports that traces of meat were found in their vegetarian and vegan ready-meals.Recent lab tests reportedly found traces of pork...
View ArticleClik here to view.
Sainsbury's is popping
LONDON — Shares in supermarket Sainsbury's have opened up over 5% in London after a forecast-beating Christmas update.Sainsbury's sales rose 1% in the 15 weeks to January 7, helped by a 4.1% rise at...
View ArticleClik here to view.
Sainsbury's chairman sanctioned for using supermarket staff to carry out...
Sainsbury’s chairman David Tyler was sanctioned by the supermarket’s board after using the company’s staff and suppliers to help revamp his country bolthole.The board sent Tyler, a City grandee who has...
View ArticleClik here to view.
Sainsbury's CEO: Brexit could give British supermarkets an unexpected boost
LONDON — Britain's supermarket chains could benefit from Brexit as squeezed consumers tend to eat more at home and less in restaurants, the boss of Sainsbury's said on Wednesday."A small squeeze isn't...
View ArticleClik here to view.
Inside the 11 best advertising campaigns of the last year
For all of the bad advertising out there, there's a small number of campaigns that stand out. The brands behind these campaigns decide to take a risk and approach advertising from a refreshing point of...
View ArticleClik here to view.
Sainsbury's warns of Brexit ramping up food prices as sales drop
LONDON — Sainsbury's warned that the pound's weakness since the Brexit vote could push up food prices, as it posted a drop in sales in the first nine weeks of the year.Britain's second-largest...
View ArticleClik here to view.
The supermarkets to shop at if you want to beat Brexit price rises
LONDON — Asda remains Britain's cheapest supermarket while Tesco is doing the most to stave off any Brexit-fuelled price rises, according to new research from UBS.The investment bank on Wednesday...
View ArticleClik here to view.
The number of people working in shops is collapsing
LONDON — The number of full-time staff working in shops is collapsing, new figures show.The number of people working in retail shop floors across Britain fell by 2.4% in the first quarter of 2017...
View ArticleClik here to view.
Sainsbury's: It's still a 'challenging market' and could get worse
Sainsbury's full-year results: pre-tax profit down 1%, supermarket sales down 0.6%;Argos a bright spot, but analysts say "core brand seems to be struggling;"Supermarket hit by changing consumer habits,...
View ArticleClik here to view.
Ex-Sainsbury's CEO: Brexit means 'higher prices, less choice, and poorer...
LONDON — Former Sainsbury's CEO Justin King says UK shoppers are "completely in the dark" about what Brexit will mean for supermarkets.King, who was in charge of Sainsbury's for a decade until 2014,...
View ArticleClik here to view.
Mobile giant EE is selling phones from vans and pop-up shops as it gets more...
LONDON — Mobile operator EE has signed a deal with Sainsbury's to open 100 new "stores within stores" in supermarkets and Argos shops.The deal is part of a rethink of EE's retail strategy that will...
View Article