Supermarkets

54% of consumers plan to stick to spending this Christmas, study finds

Some 54% of UK consumers are Christmas “enthusiasts” and will not change their Christmas plans despite economic challenges, according to…

Read More »

Iceland founder rebuffs takeover approaches

Malcolm Walker, the founder of Iceland Foods, has reportedly dispelled rumours that he has been “quietly marketing” the company to…

Read More »

Lidl sees pre-tax profits quadruple to £41.1m

Budget supermarket chain Lidl has revealed its pre-tax profits quadrupled to £41.1m, up from £9.8m, during the year ending February…

Read More »

Supermarkets see sales improve as they head into Christmas

In the last four weeks supermarkets’ total till value growth increased to 5.3% from 4.7% last month, despite inflation accelerating…

Read More »

Asda like-for-like sales rise 4.7% in Q3

Asda has revealed that its like-for-like sales increased by 4.7% in the third quarter, making it the supermarket’s “strongest” quarterly…

Read More »

Poundland to close on Boxing Day and New Year’s amid recruiting drive

Poundland has revealed that for the third year in a row all its stores will be closed on Boxing Day…

Read More »

M&S profits fall by 24% in H2

Marks and Spencers has seen its profit-before-tax fall by 23.7% to £205.5m in the second half of the year. Nonetheless,…

Read More »

Asda opens first ‘Asda Express’ convenience store

Asda has opened its first standalone ‘Asda Express’ convenience store in Sutton Coldfield in the West Midlands, creating 17 new…

Read More »

Tesco wins appeal in Lidl trademark dispute

Tesco has won an appeal in court which will mean it can argue at trial that Lidl applied for trademarks…

Read More »

Sainsbury’s profits fall 8% in H1 after investment to tackle cost-of-living crisis

Sainsbury’s has revealed its underlying profit before tax was £340m for the 28 weeks ended 17 September, down 8% after…

Read More »