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.... 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. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 12:53:42 PM
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....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. ... [Read full article on Guardian ]
Friday 24th of March 2017 01:37:58 PM
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Latest Finance News related to Aldi

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. ...
Festive food shoppers brace for battle on ‘frenzied Friday’ image
Source : Guardian [Read Article] Sunday 18th of December 2016 12:04:36 AM
.... Despite shoppers having the chance to stock up in advance with wine, beers and spirits, Asda says that on Friday alone it expects to sell more than 620,000 litres of Budweiser. Aldi has prepared for peak shopping on Friday by organising 1,000 extra trucks on the road to meet increased demand. ...
Brexit and price hikes push up the cost of Christmas for Britons image
Source : Guardian [Read Article] Saturday 17th of December 2016 08:00:17 AM
....Not everything is more expensive – official figures show food prices in shops are still lower overall than a year ago. A supermarket price war and the rise of discounters such as Lidl and Aldi have helped keep grocery prices low. ...
Poundland to start selling clothing – but for more than £1 image
Source : Guardian [Read Article] Friday 16th of December 2016 05:50:20 PM
....9% as Poundland suffered from indigestion after swallowing rival 99p Stores – a takeover that took more than a year to complete partly because of the intervention of the competition watchdog. Competition from the major supermarkets also increased as they cut prices to become more competitive with the likes of Poundland and grocery discounters Aldi and Lidl. ...
UK grocery prices falling by lowest rate in more than two years image
Source : Guardian [Read Article] Tuesday 13th of December 2016 09:52:35 AM
....Fraser McKevitt, of Kantar Worldpanel, said Morrisons’ The Best and Asda’s Extra Special put on particularly impressive performances, with sales increasing by 35% and 15% respectively. In contrast, there was a further slowdown in sales growth at discounters Aldi and Lidl. ...
Shoppers splash out on premium treats image
Source : BBC [Read Article] Tuesday 13th of December 2016 09:28:30 AM
....Figures from Kantar Worldpanel for the 12 weeks to 4 December show a 13% sales rise for the products, despite sluggish growth overall for food retailers. Sales of Morrisons' The Best range are up 35%, Asda's Extra Special products have increased sales by 15%, while Aldi's Specially Selected is up 10%. ...
UK food prices will rise without EU workers, say trade groups image
Source : Guardian [Read Article] Thursday 8th of December 2016 06:30:35 PM
....Nearly 4 million people are employed in growing, harvesting, producing, packaging, selling and serving food and drink in the UK, a large proportion of whom are EU nationals. Although food prices continue to fall amid heavy competition between the major supermarket chains and fast-growing discounters Aldi and Lidl, rising costs are expected to drive up inflation in the coming months. ...
Morrisons joins supermarket housing game with Camden plan image
Source : Guardian [Read Article] Thursday 8th of December 2016 12:18:36 PM
....The supermarket has teamed up with Barratt Homes – which helped Sainsbury’s redevelop its Nine Elms store near Vauxhall, south-west London, with more than 700 homes – to put together its plans for Camden. As supermarkets have been forced to cut prices to take on the fast-growing discounter chains Aldi and Lidl, they have been seeking new ways to get more out of their assets. ...
Reality Check image
Source : BBC [Read Article] Monday 5th of December 2016 11:00:19 PM
....If you buy them all from just one shop, then the cheapest you can manage is £22. 03 at Aldi, followed by £24. ...
Fortnum & Mason not hampered by Aldi's Christmas competition image
Source : Guardian [Read Article] Monday 5th of December 2016 06:00:15 AM
....Fortnum & Mason has said sales of its monogrammed hampers have risen by 20% this Christmas despite fierce competition from a cheaper rival. Last month, Aldi raised eyebrows with the launch of its “Exquisite” hampers filled with Christmas puddings, truffles and chocolates in mint green packaging, the colour the Fortnum’s brand is most associated with, and selling for less than £100. ...
Should you buy your Christmas tree this weekend? image
Source : Guardian [Read Article] Saturday 3rd of December 2016 07:00:15 AM
.... Wyevale has held its prices for the third year, with the average 5ft-6ft tree costing around £35. But on Sunday 4 December, Aldi launches its 5ft-6ft Nordmann fir for £19. ...
Supermarket shoppers can get their Christmas dinner for £20 – survey image
Source : Guardian [Read Article] Wednesday 30th of November 2016 01:00:03 AM
....82, or £2. 48 a head, after shopping around for the best prices at Aldi, Lidl, Asda, Morrisons and Iceland, Good Housekeeping magazine found in its annual festive shopping basket cost survey. ...
Christmas 2016 may be the cheapest ever image
Source : BBC [Read Article] Wednesday 30th of November 2016 12:05:16 AM
....99, compared with the equivalent of £208 in 1975, it says. The reduction in the average cost of this year's Christmas dinner is largely down to the German supermarkets Aldi and Lidl. ...
How we're shopping image
Source : BBC [Read Article] Thursday 24th of November 2016 12:04:24 AM
...."Perceptions of Valentine's Day becoming too commercial are in many ways a result of greater participation from the retailers. As well as wider choice from the 'Big Four' grocers, the discount players Aldi and Lidl, as well as value retailers like Poundland and B&M now offer big ranges," says Verdict's Greg Bromley. ...
Aldi and Lidl hike milk and banana prices as pound's fall bites image
Source : Guardian [Read Article] Tuesday 22nd of November 2016 06:55:10 PM
. Discount chains Aldi and Lidl have begun putting up the price of basic groceries, including milk and bananas, as the squeeze from the Brexit-driven fall in the value of the pound hits. ...
Britain’s housing crisis is so serious that it must be tackled now image
Source : Guardian [Read Article] Sunday 20th of November 2016 06:59:30 AM
.... But if and when Yellen is forced to remind President Trump that central bank independence is not a matter for debate, she will be in good company. Walmart-owned Asda has just revealed its ninth consecutive quarter of declining sales as German discounters Aldi and Lidl eat its breakfast, lunch and dinner. ...
Asda sales slump puts chain at bottom of UK supermarket league image
Source : Guardian [Read Article] Thursday 17th of November 2016 01:13:32 PM
....”. Asda is trying to fight off heavy competition from the rise of discounters Aldi and Lidl, which have stolen its once strong position as the UK’s cheapest grocer. ...
Asda sales tumble in third quarter image
Source : BBC [Read Article] Thursday 17th of November 2016 12:47:41 PM
.... . Asda, which is owned by US retail giant Walmart, is battling to retain its place in a fiercely competitive market amid more store openings from German discounters Lidl and Aldi. ...
Tesco makes gains as Aldi and Lidl growth hits five-year low image
Source : Guardian [Read Article] Tuesday 15th of November 2016 12:26:45 PM
. Aldi and Lidl have sunk to their slowest growth rate since 2011 as Tesco almost doubled its pace of expansion. ...
Sainsbury's joins Christmas ad battle with animation and James Corden image
Source : Guardian [Read Article] Monday 14th of November 2016 12:01:32 AM
....With increasing numbers of people watching programmes online or via catch-up, or recorded services where they can skip ads, companies are having to battle hard to grab attention during the busiest time of the year. As well as Sainsbury’s, which beat John Lewis to be the most popular ad last year with 30m views of its Mog film on YouTube, Marks & Spencer, Waitrose and even Aldi have short-story films this year. ...
John Lewis unveils Christmas ad starring a dog on a trampoline image
Source : Guardian [Read Article] Thursday 10th of November 2016 12:01:17 AM
....”. The retailer’s ads have inspired dozens of parodies, including a version of last year’s Man on the Moon ad by the discount grocer Aldi. ...
Sainsbury’s boss says suppliers should take hit over falling pound image
Source : Guardian [Read Article] Wednesday 9th of November 2016 09:08:09 AM
....Coupe warned that, excluding the contribution from Argos, Sainsbury’s profits for the second half of its financial year would be even lower than the first because of price cuts and cost inflation, partly resulting from wage rises for shopfloor staff. Profits and sales for all the main supermarket chains have fallen in the face of rising competition from discounters Aldi and Lidl, which has forced a wave of price cuts across the market. ...
Sainsbury's profits fall 10% as first-half sales fall image
Source : BBC [Read Article] Wednesday 9th of November 2016 08:20:08 AM
....Sainsbury's wants to put 250 Argos outlets in supermarkets over the next three years. German discount chains Aldi and Lidl have expanded rapidly in the UK, undercutting Sainsbury's and its rivals, including Tesco, Morrisons and Asda. ...
Price of 20 Unilever products up by average of 5.7% since Brexit vote image
Source : Guardian [Read Article] Monday 7th of November 2016 06:01:37 AM
....The evidence of shop floor price rises for Unilever products comes after it emerged that Birds Eye, the fish finger maker, and Walkers crisps are asking supermarkets for price rises of up to 12% as the fall in the value of the pound has pushed up their costs. The major supermarkets are keen to keep price rises to a minimum as they try to hold off competition from the fast-growing discount chains Aldi and Lidl. ...
Festive fake: viewers fooled by student Nick Jablonka's John Lewis Christmas ad image
....This year’s official John Lewis ad is expected to launch on Thursday 10 November and is said to have cost £7m. Aldi, which made a parody of the Man in the Moon ad last year and was then caught out overstating the price of the John Lewis telescope compared with its version, is believed to be behind a mysterious campaign for Kevin the Carrot popping up on social media. ...
Morrisons sales helped by 'biggest ever' Halloween image
Source : BBC [Read Article] Thursday 3rd of November 2016 08:33:37 AM
....2%. The major supermarkets have been competing fiercely on price as they seek to gain market share and fend off the impact of discount chains such as Aldi and Lidl. ...
One thing I didn’t budget for at Aldi: £70 fine for 15 minutes extra in car park image
. I recently shopped in my local Aldi store, arriving in the early evening when the car park was half empty. ...
Typhoo Tea: Cost of a cuppa to go up image
Source : BBC [Read Article] Friday 28th of October 2016 08:12:13 PM
.... . "The real change that's happened here is that it's happening at a time when the retailers' margins have been squeezed by the battle with Aldi and Lidl. ...
Tesco sees first market share rise since 2011 image
Source : BBC [Read Article] Tuesday 18th of October 2016 07:00:12 AM
.... . The discount chains Aldi and Lidl also did well, with their sales jumping 11. ...
Tesco and Unilever settle Marmite dispute image
Source : Guardian [Read Article] Thursday 13th of October 2016 06:36:08 PM
.... That is a normal devaluation-led cycle,” he said. The big supermarkets are likely to fight particularly hard to prevent price rises as they are battling to stop consumers taking their trade to discounters Aldi and Lidl, which sell more own-brand goods. ...
Tesco and Unilever end price dispute image
Source : BBC [Read Article] Thursday 13th of October 2016 05:37:02 PM
....Unilever is the UK's biggest grocery manufacturer, but as many of its products are made outside the UK, it had argued it should be getting more. Supermarket profit margins have already been squeezed by a long-running price war as the big established retailers try to stem the loss of market share to discounters such as Lidl and Aldi. ...
Tesco price row: Unilever CFO defends cost hike against Brexit backdrop image
Source : Guardian [Read Article] Thursday 13th of October 2016 07:44:47 AM
....”. The big supermarkets are likely to fight particularly hard to prevent price rises as they are all battling to stop consumers taking their trade to discounters Aldi and Lidl, which sell more own-brand goods. ...
Tesco removes Marmite and other Unilever brands in price row image
Source : BBC [Read Article] Thursday 13th of October 2016 04:53:48 AM
.... Will the other big grocers follow suit?. The former head of rival firm Northern Foods, Lord Haskins, told the BBC's Newsnight that Brexit had caused "a huge wobble" in the market, which was already suffering tensions because of the rise of online shopping and discount supermarkets Aldi and Lidl. ...
Tesco in dispute with Unilever over price rises image
Source : BBC [Read Article] Wednesday 12th of October 2016 07:37:15 PM
....Unilever has declined to comment. But the former head of rival firm Northern Foods, Lord Haskins, told the BBC's Newsnight that Brexit had caused "a huge wobble" in the market, which was already suffering tensions because of the rise of online shopping and discount supermarkets Aldi and Lidl. ...
Tesco shares jump as sales continue to recover image
Source : BBC [Read Article] Wednesday 5th of October 2016 06:22:53 AM
....Mr Lewis said that while there were "some pressures" coming into the market, in the form of higher commodity prices and the fall in the pound, the company would try to absorb them rather than pass on costs to consumers. Jasper Lawler from CMC Markets said: "Tesco has invested heavily in reducing prices in the last two years, and has gradually reduced its customer exodus to the discounters Aldi and Lidl. ...
Sainsbury's sales slip as food prices continue to fall image
Source : BBC [Read Article] Wednesday 28th of September 2016 06:32:27 AM
....Chief executive Mike Coupe said he was confident its strategy would enable it to "outperform our major peers". German discount chains Aldi and Lidl, which have expanded rapidly in the UK, have been undercutting Sainsbury's and its rivals, including Tesco, Morrisons and Asda. ...
Aldi reports record sales but profits drop image
Source : BBC [Read Article] Monday 26th of September 2016 07:30:37 AM
. Discount supermarket Aldi has reported record sales in the UK and Ireland for 2015 and says it will invest £300m in store revamps, but profits have been hit by the supermarket price war. ...
Alcohol sales climb as UK toasts Olympics success image
Source : BBC [Read Article] Tuesday 20th of September 2016 10:31:12 AM
.... . The fastest risers were discount operators Aldi, whose sales increased by 11. ...
Morrisons recovery continues as sales and profits rise image
Source : BBC [Read Article] Thursday 15th of September 2016 07:32:32 AM
...."It is too early to know how the recent referendum result could affect the British economy, but customers tell us their food shopping has not changed," it said. The grocery sector has seen a fierce competition as the big four supermarket chains - Tesco, Sainsbury's, Asda and Morrisons - have tried to fight off the threat posed to them by the rapid growth of discount chains Aldi and Lidl. ...

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