Supermarkets

Morrisons sales suffer over Christmas period

Morrisons has been hit by an “unusually challenging” festive period, it has announced in its latest trading update. Like-for-like sales,…

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Sainsbury’s mulls offers for £1.9bn mortgage book

Big Four grocer Sainsbury’s is reportedly fielding bids for a takeover of its £1.9bn mortgage book, as part of an…

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Ocado sees sales slow in Q4

Online supermarket Ocado has revealed that sales its sales growth had slowed slightly in Q4, coming in line with its…

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Tesco considers sale of its Asian arm

Tesco is considering the sale of its Malaysian and Thai businesses, the supermarket giant has confirmed. The two businesses have…

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Morrisons appoints two new senior members

Morrisons has appointed two senior executives , naming a new chief financial officer and new chief operating officer. The ‘Big…

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The Co-op to open seven new stores in Scotland

The Co-op has announced it is set to launch seven new stores in Scotland this month, as part of a…

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Lidl eyes 230 new stores by 2023

German discount supermarket chain Lidl is set to increase its rate of expansion by opening 230 new stores in the…

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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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