Supermarkets

Lidl to scale back store openings and focus on warehouse capacity

Lidl is reportedly planning to slow down its store opening programme as it instead focuses on growing its warehouse capacity.…

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Sainsbury’s unveils Black founder-led brands amid £1m incubator success

Sainsbury’s has announced the first three Black founder-led brands to be hitting shelves this year after being selected to take…

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Credit insurer pulls cover for Iceland’s suppliers amid rising costs

A leading credit insurer has cut its cover on suppliers to Iceland as the supermarket faces growing pressure amid the…

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Aldi to donate £1m in apprenticeship funding to SMEs

Aldi is set to donate £1m to small and medium-sized businesses in 2023, to help fund local apprenticeship schemes across…

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Tesco exec Jason Tarry touted to replace Morrisons CEO

Tesco executive Jason Tarry has been identified as a potential replacement for Morrisons CEO David Potts, according to reports from…

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Canada Goose lowers outlook as revenues slip

Canada Goose reported revenues of $576.7m (£471.3m), down 1.6% from the prior third quarter “largely due” to timing of wholesale…

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Tesco acquires Paperchase IP in pre-pack deal

Tesco has acquired the intellectual property and brand of embattled stationery retailer Paperchase for an undisclosed sum in a pre-pack…

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CMA launches supermarket pricing review 

The CMA is set to review unit pricing practices online and instore within the grocery sector, after deciding that customers…

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Grocery Price inflation hits record 16.7%

Grocery price inflation hit a record 16.7% in the four weeks to 22 January 2023, according to Kantar, the highest…

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Tesco in talks to acquire paperchase out of administration

Tesco is reportedly close to acquiring stationery retailer Paperchase out of administration.  According to Sky News, Tesco is in advanced…

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