Supermarkets
-
Mar- 2023 -27 March
Issa brothers near £12bn Asda forecourts deal
The billionaire owners of Asda are reportedly nearing the completion of a merger of the supermarket chain and its UK…
Read More » -
20 March
Morrisons cuts prices for third time amid Aldi battle
Morrisons has revealed that it has decided to cut its prices for the third time in three months as it…
Read More » -
17 March
Aldi gives additional pay rise for store staff
Aldi has announced it is raising its starting pay for store assistants to a minimum of £11.40 per hour nationally,…
Read More » -
14 March
Sainsbury acquires 21 supermarkets in £431m deal
Sainsbury has announced the purchase of 21 supermarkets in a £431.5m deal from Supermarket Income REIT. In addition to the…
Read More » -
13 March
Issa brothers mull sale of Asda properties as debt costs rise
The Issa brothers are reportedly planning to explore a sale of Asda’s £8.6bn property estate in a bid to tackle…
Read More » -
13 March
Tesco criticised by suppliers over online fulfilment fees
Tesco has received criticism from its suppliers and farmers after they were informed of new fulfilment fees, which are to…
Read More » -
10 March
EG Group revenues jump 25% to $33bn
Asda owners the Issa brothers’ EG Group has revealed its full-year revenues surged 25% to $33.04bn (£22.5bn), which it said…
Read More » -
10 March
Tesco sounds out John Allan replacements
Tesco has reportedly begun sounding out potential replacements for its long-time chairman John Allan, according to Sky News. City sources…
Read More » -
9 March
Morrisons posts £1.5bn loss after CD&R acquisition
Morrisons has posted losses of £1.5bn one year after being acquired by US private equity firm Clayton, Dubilier and Rice,…
Read More » -
8 March
Poundland launches new price comparison campaign
Poundland is reportedly set to launch a new price comparison campaign that will see it compete as an alternative to…
Read More »
