Supermarkets

Co-op profits hit £247m but warns on future impact of inflation

Co-op has seen its revenues surge £300m to £11.5bn, up from £11.2bn, for the year ended 31 December 2022. Alongside…

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Supermarket till value sales rise to 11.5% in March

As food inflation in March soared to 15%1, total till value sales rose to 11.5% in the last four weeks…

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Asda appoints CBRE to help open 300 stores by 2026

Asda has appointed global real estate advisor CBRE to help with its nationwide store expansion programme. Last October, the retailer…

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M&S denies reports of head office job cuts

Marks and Spencer has dismissed a recent report by The Sunday Times stating that the retailer is looking to dismiss…

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Planet Organic puts administrators on notice

Grocery chain Planet Organic has reportedly put administrators on standby as it attempts to find a backers to secure its…

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Asda profits fall 24% to £886m amid attempts to mitigate inflation

Asda has revealed its full-year profits declined 24% to £886m during the 52-week period ending 31 December due to its…

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Supermarket sales up 8.6% as grocery inflation hits 17.5%

Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to…

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Ocado Q1 sales rise 3.4% to £584m

British online supermarket Ocado retail has reported that its Q1 2023 sales increased to £584m, marking a 3.4% rise over…

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Tesco surpasses Whoosh rollout target by 25%

Tesco has surpassed its own target for the rollout of its rapid delivery service Whoosh, which is now available from…

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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…

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