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....”. The group hoped to take a bigger slice of the growing £10bn health and wellness market, he said, adding that L1 Retail would continue to work with Holland & Barrett’s chief executive, Peter Aldis. ... [Read full article on Guardian ]
Monday 26th of June 2017 07:53:35 AM
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....”. The survey found that Aldi offered the best compliance with the code of practice for the fourth year in a row, followed by Sainsbury’s. ... [Read full article on Guardian ]
Monday 26th of June 2017 05:49:44 PM
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....Lewis said last year that retailers faced a “potentially lethal cocktail” as profits slump and costs rise. Rising competition from the discounters Aldi and Lidl has also forced traditional supermarkets to hold down prices at a time of rising costs resulting from the fall in the value of the pound against the euro and the dollar. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 02:05:28 PM
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Latest Finance News related to Aldi

Asda is named worst supermarket in treatment of suppliers image
Source : Guardian [Read Article] Monday 26th of June 2017 05:49:44 PM
....”. The survey found that Aldi offered the best compliance with the code of practice for the fourth year in a row, followed by Sainsbury’s. ...
Holland & Barrett sold to Russian billionaire for £1.8bn image
Source : Guardian [Read Article] Monday 26th of June 2017 07:53:35 AM
....”. The group hoped to take a bigger slice of the growing £10bn health and wellness market, he said, adding that L1 Retail would continue to work with Holland & Barrett’s chief executive, Peter Aldis. ...
Tesco staff 'shocked' as call centre closure puts 1,100 jobs at risk image
Source : Guardian [Read Article] Wednesday 21st of June 2017 02:05:28 PM
....Lewis said last year that retailers faced a “potentially lethal cocktail” as profits slump and costs rise. Rising competition from the discounters Aldi and Lidl has also forced traditional supermarkets to hold down prices at a time of rising costs resulting from the fall in the value of the pound against the euro and the dollar. ...
Humiliation on the high street as security guards rob shoppers of their dignity image
. Penny Keza was about to pay for her shopping at her local Aldi when a security guard bellowed across a crowd of customers and demanded to search her bag. ...
Whole Foods, then a whole industry? Amazon sinks teeth into supermarkets image
.... Indeed, Sainsbury’s purchase of Argos last year already looks a smart effort to get ahead of the game. But investors also know that Aldi and Lidl destroyed profit margins in the sector, slowly but steadily. ...
Sainsbury's poised to buy Nisa in response to Tesco swoop on Booker image
Source : Guardian [Read Article] Saturday 17th of June 2017 12:35:00 PM
.... “I think there’s going to be an enormous amount of pain and consequently quite a bit of fallout,” he said. The mainstream grocery industry is in a state of flux as the German discounters Aldi and Lidl grab market share. ...
Amazon to buy Whole Foods Market in $13.7bn deal image
Source : Guardian [Read Article] Friday 16th of June 2017 01:26:19 PM
....”. Amazon’s move into the grocery market will pile on the pressure for traditional supermarkets around the world which have been affected by shoppers switching to online, smaller local stores and discounters such as Aldi and Lidl. ...
Tesco says price rises are last resort as UK growth hits seven-year high image
....There is growing evidence of belt-tightening as shoppers face higher food prices. The discounters Aldi and Lidl are growing sales at their fastest rate in more than two years, while more shoppers are buying less or switching to cheaper own-label products as prices rise faster than many workers’ wages. ...
UK rents fall for first time since 2009, plus peer-to-peer lending left me in the red image
....‘I’m irritated you even asked’: What’s the worst customer service you’ve had?. Spot check in public by Aldi security guard was dehumanising. ...
Spot check in public by Aldi security guard was dehumanising image
Source : Guardian [Read Article] Wednesday 7th of June 2017 06:00:50 AM
. I had a dehumanising experience at an Aldi in Hounslow, west London, where I shop several times a week. ...
Aldi and Lidl sales soar as prices rise image
Source : BBC [Read Article] Wednesday 31st of May 2017 10:53:37 AM
. Sales at Aldi and Lidl have grown at their fastest rate in more than two years as the discounters opened new stores and passed on price rises to consumers, new research shows. ...
Strong sales growth at Aldi and Lidl takes their market share to 12% image
Source : Guardian [Read Article] Wednesday 31st of May 2017 08:55:13 AM
....Shoppers are turning to discounters and supermarkets’ own label goods as price rises pick up across the grocery market. The German chains Aldi and Lidl are growing at their fastest rate in more than two years as supermarkets raise prices following the fall in the value of the pound since the Brexit vote, which has pushed up the cost of imported goods. ...
Watchdog probes Tesco-Booker deal image
Source : BBC [Read Article] Tuesday 30th of May 2017 11:54:19 AM
.... . Despite rising competition from the likes of Aldi and Lidl, Tesco remains Britain's biggest supermarket with 27. ...
Contactless payment fraud soars to £7m image
Source : BBC [Read Article] Thursday 25th of May 2017 11:37:11 PM
...." . Student Hatty Sharp, 22, had her card stolen while shopping at an Aldi in Southampton. ...
EU roaming charges banned from June, plus the rogue buyers exploiting eBay image
.... Will Brexit reverse this hard-won victory? Miles Brignall reports. I’m innocent, so how can I park this fine back with Aldi?. ...
Debit cards set to overtake cash as most frequently used payment method in UK image
Source : Daily Express [Read Article] Thursday 25th of May 2017 12:00:00 AM
....In 2016, the most popular location to make contactless payments was at the supermarket, which accounted for over a third of all contactless payments made in the UK, according to Payments UK. The range of places where contactless payments are accepted includes Aldi, Barnardo's, Greggs, McDonald's, the M6 Toll, London Buses, London Tubes and the Post Office. ...
I’m innocent, so how can I park this fine back with Aldi? image
Source : Guardian [Read Article] Monday 22nd of May 2017 06:00:15 AM
....Please help me prove my innocence over two separate visits to a supermarket on the same day, as I have been fined for overstaying. I drove to my local Aldi store twice – once before work and then at lunchtime – and stayed only briefly each time. ...
Price rises caused by Brexit a big worry for UK consumers, survey finds image
....2tn. While growth was seen in nearly all the 17 sectors tracked by Mintel, it was notably lower across all fast-moving consumer goods markets, reflecting supermarket price wars and the impact of discounters Aldi and Lidl. ...
Asda suffers 11th quarter of falling sales image
Source : BBC [Read Article] Thursday 18th of May 2017 01:49:20 PM
....The rivals have all had problems, but have managed to improve their performance in the past year. German discount rivals Aldi and Lidl have eaten into the Big Four's market share, although their rapid expansion of recent years has slowed. ...
Nestle fails to trademark four-fingered KitKat shape image
Source : BBC [Read Article] Wednesday 17th of May 2017 11:25:05 AM
....The ruling could lead to copycat versions of the bars hitting shelves, a practice some discounter supermarkets have popularised. Aldi and Lidl have both been accused of selling own-brand versions that are remarkably similar to famous brands. ...
Tesco chief executive Dave Lewis sees pay fall 10% image
Source : BBC [Read Article] Friday 12th of May 2017 02:48:01 PM
.... In March, Tesco was fined £129m for the affair. The retailer has also been trying to re-adjust to a price war brought on by the rise of German discounters Aldi and Lidl. ...
Tesco boss's bonus cut despite first sales growth in seven years image
Source : Guardian [Read Article] Friday 12th of May 2017 07:21:20 AM
....The annual report also revealed that Tesco paid £142,000 in stamp duty and legal fees to help Lewis buy a house closer to the company’s headquarters in Hertfordshire. For much of the past decade Tesco has been losing customers to discount grocers Aldi and Lidl, but in the 112 months to the end of February, it managed its first full year of sales growth since 2009-10, with like-for-like sale up by 0. ...
Aldi plans to open up to eight stores in some UK towns image
Source : Guardian [Read Article] Thursday 11th of May 2017 06:56:14 PM
. Aldi has set out an ambitious plan to conquer the UK grocery market that could see it open up to eight stores in some towns. ...
Revealed: Britain's cheapest supermarket prices for your weekly shop image
Source : Daily Express [Read Article] Saturday 6th of May 2017 04:48:00 PM
....The German retailer was found to offer lower prices on 31 out of 33 items than the biggest four supermarkets Tesco, Sainsbury's, Asda and Morrisons, as  tracked  by The Grocer magazine.   Overall, Aldi's basket of goods came to £40. ...
Easter eggs help boost supermarket sales image
Source : BBC [Read Article] Wednesday 3rd of May 2017 01:23:30 PM
Sainsbury’s warns over pay squeeze as profits slide image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 10:02:09 AM
....Coupe said the company had a three- to five-year plan to move towards “strong and steady” profits growth. While sales fell by 2% in Sainsbury’s core supermarkets amid heavy competition from the upstart discounters Aldi and Lidl and changing shopping habits, Coupe said the company was investing in growth areas including online groceries and convenience stores, where sales rose by more than 8% and 6% respectively over the year. ...
Lidl on course to surpass Waitrose and enter UK supermarket top seven image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 08:24:46 AM
....Lidl is on track to overtake Waitrose to become the UK’s seventh-biggest grocer as early as this summer as the discounters benefit from new store openings and shoppers search out bargains amid a return to food price inflation. Lidl and fellow German chain Aldi increased their pace of growth in the past three months to the extent that the former controls 5% of the £180bn UK grocery market, just 0. ...
Cycling fashion outfit Rapha plots route into the fast lane image
Source : Guardian [Read Article] Monday 1st of May 2017 01:44:14 PM
.... “The future is to keep that quality but to reach more people. Aldi does a cycling jersey for £15 to £20 but we won’t do that because that isn’t really a cycling jersey – it’s a piece of polyester. ...
Hard times for Whole Foods: 'People say it's for pretentious people. I can see why' image
.... Investors are increasingly petitioning the company to move faster with reforms. An acquisition would underscore the consolidation of the US food retail industry as the sector prepares to compete against online retailers including Amazon, stores like Walmart and discount chains such as Aldi. ...
Hummus 'crisis' sheds light on secret world of mass food production image
Source : Guardian [Read Article] Saturday 29th of April 2017 08:00:25 AM
.... Supermarkets routinely use the same suppliers to make similar products, although recipes are kept secret and all equipment is deep-cleaned between each rival production run. Derbyshire-based Matthew Walker, for example, turns out 26m Christmas puddings a year for all the major supermarkets and brands – from German discounters such as Lidl and Aldi through to Harrods and Waitrose. ...
Sainsbury's pushes ahead with Argos rollout in supermarkets image
Source : BBC [Read Article] Thursday 13th of April 2017 09:00:31 AM
.... "It's not just about the Argos sales that we've seen go up, but Argos customers come into our stores and they also pick up a pint of milk and a sandwich," Mr Rogers said. The UK's biggest supermarkets face intense pressure from low-cost rivals Aldi and Lidl, as well as changes to shopping habits as consumers move away from the big weekly shop. ...
Tesco shares tumble despite first UK growth in seven years image
Source : Guardian [Read Article] Wednesday 12th of April 2017 06:26:58 AM
.... Lewis said the retailer was passing less of the financial pain on to its customers than its major competitors were. After two years of falling grocery prices, supermarket chiefs are pushing them up – but some analysts fear this will play into the hands of discount chains Aldi and Lidl, which thrived during the last recession. ...
Asda reignites row over 'farm' brands by relaunching value range image
Source : Guardian [Read Article] Wednesday 12th of April 2017 05:30:26 AM
....”. In March 2016 Tesco, the UK’s largest retailer, sparked controversy after launching seven brands – including “Woodside Farms” and “Boswell Farms” – based on British-sounding but fictitious names as part of its commercial fightback against the discounters Aldi and Lidl. ...
Under-fire Barclays chief is probably guilty of behaving like a chump image
Source : Guardian [Read Article] Monday 10th of April 2017 11:01:12 PM
.... The apprenticeship levy and the higher national minimum wage are adding to their costs at a time when consumers are highly sensitive to prices rises. There will be winners – Aldi and Lidl spring to mind – but plenty of losers. ...
Tesco to report a return to financial health image
Source : Guardian [Read Article] Sunday 9th of April 2017 04:14:41 PM
.... The retailer has won back disillusioned British shoppers by focusing on lower prices, improving customer service and making sure its shelves are full. It has also fought back against discounters Aldi and Lidl with the introduction of a budget range of own-label “farm” brands. ...
Fashion for gluten- and dairy-free continues to grow image
Source : BBC [Read Article] Tuesday 4th of April 2017 11:40:54 AM
.... . But discounters Aldi and Lidl were also selling significant amounts of these products, said Mr McKevitt. ...
Sharp rise in UK food prices inflates household shopping bill image
Source : Guardian [Read Article] Tuesday 4th of April 2017 09:17:14 AM
....3m more people than last year, led by younger shoppers keen to eat healthily. German discounters Lidl and Aldi have reached new record market shares and together account for 11. ...
Grape Britain: UK merry on organic wine as sales soar image
Source : Guardian [Read Article] Monday 3rd of April 2017 02:56:00 PM
.... Vintage Roots is now one of the UK’s biggest online retailers of organic and biodynamic wine, while Ocado stocks more than 100 different organic wines and Daylesford, best-known for its organic vegetable boxes, has branched out into organic wine and spirits. The discount supermarket Aldi is set to launch its first collection of so-called “green” wines this week, offering eight wines with organic, carbon neutral or ‘no added sulphur’ credentials. ...
Co-operative Group to write off the value of its stake in Co-op bank image
Source : Guardian [Read Article] Monday 3rd of April 2017 06:30:15 AM
.... The group has modernised its stores and food ranges and benefited from a move towards shopping in small local grocery shops in recent years. While discount rival Aldi overtook the Co-op to become the UK’s fifth-largest grocer in February, the Co-op has increased sales ahead of most other rivals helping it maintain a 6% market share. ...
The new 12-sided £1 coin launches – but you may not be able to use it image
.... The Post Office was allowing just five coins per customer. They were of only limited used for the workers who have been producing the coins at the Royal Mint in Llantrisant, south Wales, because the vending machines at their local pub could not take the new coins and they were no use for the shopping trolleys at the nearby Aldi either. ...
New £1 coin: Tesco to unlock every trolley as it misses deadline image
Source : Guardian [Read Article] Friday 24th of March 2017 01:37:58 PM
....The unlocking of the Tesco fleet at 200 of its biggest stores across the UK could provoke a fresh surge of trolley abuse, with shoppers having no financial incentive to return them. Other supermarket groups including Sainsbury’s, Asda, Morrisons, Aldi and Lidl said their trolleys had been fully converted. ...
Waitrose axes free coffee for shoppers – unless they buy something first image
.... The group, which includes the John Lewis departments store chain, said the bonus had been cut to strengthen its balance sheet amid structural changes in the retail sector and rising costs linked to the devaluation of sterling since the Brexit vote. Waitrose faces tough competition in the UK as discount rivals Lidl and Aldi expand and market leader Tesco fights harder on price. ...
Sainsbury's takes inflation hit on the chin as Aldi and Lidl loom | Nils Pratley image
....As Coupe said: “The market remains very competitive and the impact of cost price pressures remains uncertain. ” Put another way, discounters Aldi and Lidl – who weren’t forces in the land during previous sterling devaluations – lie in wait for any supermarket that thinks it can help itself to a currency-inspired price rise. ...
Discounters 'exploit' lorry drivers image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:01:50 AM
. Lorry drivers have said Aldi and Lidl force them to do the jobs of warehouse staff as part of efforts to cut prices. ...
Britons like vodka and Nike and won't consider Airbnb, survey reveals image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:42:14 PM
....7bn for gambling firms last year. When it comes to groceries, Tesco remains the most popular choice, with 62% of consumers putting it in their top three, followed by Sainsbury’s, Asda and Aldi. ...
Asda imposes harsher terms on suppliers after pound's Brexit slide image
Source : Guardian [Read Article] Thursday 2nd of March 2017 10:25:36 AM
....”. Asda has been under intense pressure to reverse its fortunes after food shoppers flocked to discounters Aldi and Lidl and customers looking for cheap clothes migrated to Primark. ...
Whisper it: small towns need a Waterstones | Fay Schopen image
Source : Guardian [Read Article] Wednesday 1st of March 2017 10:40:00 AM
....Many independent shops in the town are resolutely aimed at affluent tourists and visitors: windows full of overpriced designer lamps and “vintage” homeware serve no purpose to locals, and some understandably choose to get in their car and drive a short distance to the large Tesco on the outskirts of town. There is also a Sainsbury’s; and just last week an M&S Foodhall and an Aldi opened. ...
Sainsbury's named world's best sustainable seafood supermarket image
Source : Guardian [Read Article] Wednesday 1st of March 2017 12:01:42 AM
.... “The MSC label means the ‘science bit’ has been done for you. Sainsbury’s, Waitrose, Tesco, Lidl and Aldi are offering their customers clear labelling and the chance to make a difference, helping to protect fish stocks. ...
Tesco to replace 1,700 managers with lower-paid staff image
Source : BBC [Read Article] Monday 27th of February 2017 03:31:16 PM
....". In recent years, the UK's big four supermarket groups have faced stiff competition from smaller rivals such as Aldi and Lidl. ...
Barclays apologises for cash machine and debit card faults image
Source : BBC [Read Article] Saturday 25th of February 2017 04:31:38 PM
.... Brilliant," said one customer, James. Nine-months pregnant, Ewa Wiczkowska was shopping in Aldi when her card was declined at the till. ...
Waitrose voted UK's best supermarket image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:01:26 AM
....Ocado, the internet-only grocery delivery company, took second spot ahead of other online competitors including Morrisons, Tesco, Asda, Sainsbury’s and Waitrose. German discounters Aldi and Lidl (in store only) shared third place and are the only two supermarkets in the survey to be awarded top marks for value for money. ...
The Co-op Bank is the new Bradford & Bingley image
Source : Guardian [Read Article] Monday 13th of February 2017 02:34:40 PM
Five reasons why Waitrose is closing stores image
Source : Guardian [Read Article] Thursday 9th of February 2017 02:57:04 PM
.... When Dave Lewis took charge of Tesco in 2014, one of his first big decisions was to close 43 unprofitable stores and abandon plans to build another 49 around the country. The rise in popularity of discounters Aldi and Lidl has forced the entire grocery market to rethink prices and Waitrose has not been immune. ...
Lloyds must compensate the victims of the £245m HBOS scam – fast | Nils Pratley image
.... Pennycock’s main role has been to improve the core grocery business. He’s achieved that and, let’s hope, proved to even suspicious Co-op members that you need level-headed professionals in the boardroom when you’re up against Tesco and Aldi. ...
Co-op CEO Richard Pennycook to step down image
Source : Guardian [Read Article] Tuesday 7th of February 2017 04:13:24 PM
....57bn acquisition of Somerfield in 2008 and he set about reinventing it as a convenience chain, shedding many of the supermarkets it had acquired, a shift that paid off. However, discount rival Aldi overtook the Co-op to become the UK’s fifth-largest grocer on Tuesday. ...
Aldi becomes UK's fifth largest supermarket image
Source : Guardian [Read Article] Tuesday 7th of February 2017 09:18:50 AM
. Aldi has overtaken the Co-op to become the UK’s fifth largest grocer as the discount supermarket stepped up the pace of growth in January. ...
War of convenience as supermarket chains take on small stores image
Source : Guardian [Read Article] Saturday 4th of February 2017 04:00:33 PM
.... Announcing the deal last month, Tesco’s chief executive, Dave Lewis, and Charles Wilson, his counterpart at Booker, argued the greater buying power of the enlarged business would be a force for good that would “delight consumers with better availability of quality food at fair prices”. But a decade of aggressive convenience-store opening programmes by the likes of Tesco and Sainsbury’s, coupled with the rise of discounters Aldi and Lidl, means it has been getting harder for small shopkeepers like Patel to survive. ...
Supermarkets ration lettuces after poor weather hits growers image
Source : Guardian [Read Article] Thursday 2nd of February 2017 06:59:03 PM
....40 each under the Farm Folk brand – packed by Ely-based Adventures in Food. Aldi was selling US icebergs in some stores for 78p, but the price has nearly doubled to £1. ...
Hand delivered: will Ocado's robot soon be picking your shopping? image
Source : Guardian [Read Article] Tuesday 31st of January 2017 01:49:24 PM
....6% to £1. 3bn as a rise in customer numbers offset a fall in the average order size as Ocado was forced to cut prices amid heavy competition in the grocery market as major players such as Tesco try to fight off the fast-growing discounters Aldi and Lidl. ...
Skiing: shop around to hit the slopes but not your wallet image
Source : Guardian [Read Article] Sunday 15th of January 2017 06:59:09 AM
....Before you even get to the slopes, what you wear can set you back. However, all sorts of kit can be bought cheaply online, or at a discount clothes store such as TK Maxx, Aldi or Primark. ...
Salmon retail prices set to leap owing to infestations of sea lice image
Source : Guardian [Read Article] Friday 13th of January 2017 06:03:38 PM
.... Shops know customers only want to pay £4 for a pack and so rather than put the price up they make the packet size smaller,” he said. Industry analysts say price rises have been slow to filter through to supermarket shelves because fish is generally bought on six- to 12-month contracts and salmon is one of a basket of items targeted in the supermarket price war with discounters Aldi and Lidl. ...
Jingle tills image
Source : BBC [Read Article] Thursday 12th of January 2017 01:08:49 PM
....8% fall. Discounters Lidl and Aldi don't report their figures in quite the same way - they do not give like-for-like sales, which strip out the effect of new store openings and are therefore a better comparison - but both reported double-digit increases in Christmas sales, reflecting brisk business. ...
Sainsbury's reports record Christmas sales of more than £1bn image
Source : BBC [Read Article] Wednesday 11th of January 2017 07:30:30 AM
....Meanwhile discount rival Lidl reported a 10% increase in sales over the Christmas period. As with Aldi it does not give like-for-like sales, which strip out the effect of new store openings and are therefore a better comparison. ...
Basic shop disciplines deliver Morrisons a merrier Christmas image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:13:19 PM
.... Morrisons was always a better business than that, as the injection of a few basic retailing disciplines as demonstrated. At Christmas 2015, when Aldi and Lidl were picking Morrisons’ pockets, you could have bought the shares for 140p. ...
Majestic Wine sales up 7.5% over firm's 'biggest ever' Christmas period image
Source : Guardian [Read Article] Tuesday 10th of January 2017 01:53:14 PM
....”. Sarah Johns, an analyst at Verdict Retail, said Majestic had been right to take on the discounters such as Aldi and Lidl, which have been making heavy gains in alcohol retail. ...
Morrisons sees best Christmas performance for seven years image
Source : BBC [Read Article] Tuesday 10th of January 2017 07:29:30 AM
.... Most leading supermarkets will give updates this week. On Monday, discount food retailer Aldi reported record sales, and Marks and Spencer, Tesco and Sainsbury's are also due to give updates this week on their Christmas trading. ...
Last-minute Christmas rush lifts UK retail sales image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:01:18 AM
....“Retailers were helped by the timing of Christmas, which fell on a Sunday, giving shoppers the chance to use the weekend for a final dash to the shops delivering a last-minute boost to sales,” said Paul Martin, UK head of retail at KPMG, which helps to compile the BRC report. The BRC’s report chimed with figures from the discount supermarket Aldi that showed total UK sales for December were up 15% on a year earlier, helped by strong demand for festive vegetables, prosecco and its premium products such as “specially selected” mince pies. ...
Tesco announces 1,000 job losses image
Source : BBC [Read Article] Monday 9th of January 2017 05:18:34 PM
....The announcement comes as Tesco prepares to issue a trading statement on Thursday that will give details of its retail performance over the Christmas period. Like its main High Street rivals - Sainsbury's, Asda and Morrisons - the supermarket chain has been struggling to maintain market share in the face of competition from German discounters Aldi and Lidl. ...
Aldi reports record Christmas sales image
Source : BBC [Read Article] Monday 9th of January 2017 12:05:48 AM
. Discount supermarket Aldi has reported record Christmas trading after a 15% rise in December sales. ...
Aldi to become highest-paying supermarket in UK image
Source : Guardian [Read Article] Thursday 5th of January 2017 09:57:13 AM
. Aldi is to give more than 3,000 staff a pay rise in an effort to leapfrog fellow German discounter Lidl to become the highest-paying supermarket in the UK. ...
Brexit, strikes and pay revolts: the year in business image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:00:27 AM
....Sean ClarkeAlready six months into his role running Asda, the UK arm of US retail giant Walmart, Clarke has inherited a business that has dropped into third place out of four big UK supermarkets. A Briton who has had a global career, Clarke will need to use all the expertise of the Walmart empire to fight back against the German discounters Aldi and Lidl. ...
Supermarkets to fly in emergency salad from US after Spanish floods image
Source : Guardian [Read Article] Monday 26th of December 2016 07:00:36 AM
....He said difficulty in organising new planting to replace lost seedlings was likely to mean salad supply problems would emerge again in February and March when those crops should be harvested. Some supermarkets including Sainsbury’s and Aldi had signs up warning shoppers they were experiencing salad shortages ahead of Christmas. ...
Supermarkets to rake in £900m in Christmas spend on Friday image
Source : Guardian [Read Article] Thursday 22nd of December 2016 04:55:13 PM
.... Marks & Spencer, which typically accounts for 3% of UK grocery spend, sells one-quarter of all festive turkeys. In the past few years, discounters Aldi and Lidl have taken a bigger slice of the Christmas pie by tempting shoppers with luxury foods such as lobster and champagne at bargain prices. ...
Sainsbury's chief Mike Coupe stocks up for future image
Source : Guardian [Read Article] Thursday 22nd of December 2016 07:00:40 AM
....When Mike Coupe took over from his showier former boss Justin King as Sainsbury’s chief executive in 2014, just as the group’s nine year-long stretch of sales growth was coming to an end, many industry observers believed he had been handed one of the biggest turkeys in the business. The rise of discounters Aldi and Lidl forced all of the big four grocers, including Sainsbury’s, to slash profits to fund price cuts just as they had to close stores which were surplus to requirements thanks to the rise of online shopping. ...

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