Supermarkets

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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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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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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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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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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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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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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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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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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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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