Supermarkets
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Jun- 2023 -26 June
Supermarket leaders to be questioned over rising prices
Supermarket leaders are set to be questioned by MPs this week regarding claims they could be profiteering from rising food…
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23 June
Morrisons sales jump 3.1% to £3.7bn
Morrisons has revealed that its quarterly sales increased 3.1% to £3.7bn in the 13 weeks ending 30 April 2023, with…
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22 June
Ocado shares jump amid rumours of Amazon interest
Ocado has seen its share jump price surge by almost 32% this morning (23 June) among rumours that online retail…
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21 June
Aldi becomes Scotland’s 3rd biggest supermarket by volume, Kantar finds
Aldi Scotland has revealed its volume share of the grocery market has increased to 11%, moving ahead of Morrisons and…
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20 June
M&S to cut prices on over 200 items
M&S Food has invested in the price of over 200 products in a move that will see the retailer cut…
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20 June
Grocery price inflation falls to lowest level this year
Like-for-like grocery price inflation has dropped to its lowest level since 2022 and now sits at 16.5% for the four…
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19 June
Morrisons invests £26m in sixth course of price cuts
Morrisons has announced that it will spend £26m on cutting prices in its stores for the sixth time this year.…
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16 June
Tesco sales up 9% amid signs of easing inflation
Tesco has announced that its sales excluding fuel in the UK and Ireland have risen 9% to £13.8bn for the…
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15 June
Issa Brothers near £650m Asda property sale
Mohsin and Zuber Issa are on the brink of selling a part of Asda’s property portfolio to a US investor…
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14 June
CMA orders Sainsbury’s and Asda to stop anti-competitive land agreements
Sainsbury’s and Asda have recently been ordered to stop using unlawful anti-competitive land agreements by the Competition and Markets Authority…
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