Supermarkets
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Mar- 2024 -6 March
Tesco raises pay by 9.1% amid ‘record’ £300m investment
Tesco has increased base pay for staff by 9.1%, amid a “record” investment of more than £300m in hourly pay.The…
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5 March
Issa brothers scale back EG Group investment to cut debts
Asda owners the Issa brothers have reportedly scaled back investment in their petrol forecourts business EG Group in a bid…
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5 March
Supermarket sales slow as retailers push branded promotions
Total Till sales at UK supermarkets slowed +5.3% in the last four weeks ending 24 February 2024, according to new…
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5 March
Ocado launches Best of British aisle
Ocado Retail has launched a new Best of British aisle to showcase UK produce. Unlike other supermarket British aisles which…
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4 March
M&S wins Marble Arch legal battle
The High Court has ruled in favour of M&S’ redevelopment plans of its Marble Arch flagship branch, having called Michael…
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1 March
Asda co-owner to step back after ‘fixing’ supermarket
Asda co-owner Mohsin Issa has announced that he is set to step back from running the business after “fixing” it.…
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1 March
Sainsbury’s to axe 1,500 roles amid cost-cutting programme
Sainsbury’s has announced that it will reduce the number of roles across the business by approximately 1,500 as part of…
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Feb- 2024 -29 February
Tesco launches Accelerator Programme for developing brands
Tesco has welcomed 27 up-and-coming brands to its Welwyn Garden City campus as it launched its new innovation initiative, the…
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29 February
Ocado posts £394m FY loss despite improved cash flow
Ocado has posted a £394m pre-tax loss for FY23, despite also reporting strong revenues growth, positive adjusted EBITDA and improved…
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27 February
Asda’s mean Gender Pay difference hits 6.6%
Asda has today (27 February) published its 2023 Gender Pay figures, confirming that the mean pay difference between all male…
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