Supermarkets

John Lewis to persist with housing venture despite ‘extreme challenges’

John Lewis strategy director Nina Bhatia has maintained that the retailer’s commitment to its housing venture was “unwavering” in The…

Read More »

Asda signs TCS deal to overhaul IT operating model

Asda has signed a multi-year partnership with Tata Consultancy Services (TCS) to support its digital transformation and implement a new…

Read More »

Tesco raises forecast amid strong H1

Tesco has reported adjusted operating profits of £1.3bn in the UK, an increase of 17.2%, as like-for-like sales across the…

Read More »

Wilko store deals at risk as new owners renegotiate leases

The proposed rescue deals for over 100 Wilko stores could reportedly be at risk as the new owners try to…

Read More »

Shop price inflation reaches lowest point in a year

Shop price annual inflation dropped to 6.2% in September, down from 6.9% in August, reaching its lowest point since September…

Read More »

Lidl sees interest bill treble to £108m

Lidl’s UK arm has been hit by a rise in its borrowing costs, with its interest bill on debts almost…

Read More »

John Lewis considers offloading 12 Waitrose stores for £150m

John Lewis Partnership Plc is reportedly planning to sell 12 Waitrose supermarkets for as much as £150m in a bid…

Read More »

Poundland to open 10 former Wilko stores

Poundland has announced it is set to open 10 former Wilko stores this Saturday (30 September) after it secured an…

Read More »

Morrisons sales hit £3.8bn in Q3

Morrisons has reported that like-for-like sales not including fuel, increased by 2.9% during Q3 ended 30 July, increasing its total…

Read More »

Tesco locks prices on 1,000 products until 2024

Tesco is locking the price of more than 1,000 products until 2024, as consumers continue to face the cost-of-living crisis.…

Read More »