Supermarkets

Sainsbury’s profits plummet 91% in half-year results

‘Big Four’ grocer Sainsbury’s saw underlying profits slump by £41m to £238m for the six months to 21 September 2019.…

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Walmart offloads Asda pensions amid IPO plans

Asda owner Walmart has reportedly struck a deal to offload £3.8bn worth of pension liabilities as it eyes a potential…

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Asda denies claims that it will fire staff for not signing new contract

‘Big Four’ grocer Asda has hit back at claims that it will lay off staff for failing to sign a…

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UK grocers criticised over ‘harsh’ working conditions for tea and fruit farmers

Oxfam has alleged that “poor pay” and “harsh working conditions” are commonplace on farms and plantations in Brazil and India…

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Tesco scraps its first-ever Jack’s store

Tesco has confirmed it is closing the first-ever discount Jack’s store, only around a year after it unveiled its new…

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Sainsbury’s announces store estate overhaul

Sainsbury’s is to undergo a store estate overhaul which will see it close over 100 stores, while also opening and…

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Asda FY sales and profits rise despite merger disappointment

Asda has reported an increase in both full-year sales and profits during the period it was the focus of an…

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Aldi posts ‘record’ full-year results

Supermarket retailer Aldi has reported an 11% increase in sales to £11.3bn for the financial year ending December 2018. The…

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Sainsbury’s to halve plastic packaging by 2025

Sainsbury’s has announced a new commitment to reduce plastic packaging by 50% by 2025. This new target includes all branded…

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M&S partners with infarm to bring urban farming to London stores

M&S Food has announced a new partnership with Infarm – the urban farming platform – to deliver a range of…

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