Supermarkets

Brunello Cucinelli reports net profit of €50m

Casa di Moda Brunello Cucinelli has reported net profit of €50.6m (£43.4m) for the first half of 2022 ending June…

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Asda eyes £450m bid for Co-op’s petrol forecourts

Supermarket group Asda is reportedly preparing to make a £450m swoop on the Co-op Group’s petrol forecourt business, according to…

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Asda sees Q2 sales improve but remain down on 2021

Asda has revealed that it saw like-for-like sales in Q2 2022 ending June 30 fall by 1.9% year-on-year compared to…

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Asda to remove ‘best before’ dates on produce

Asda has announced plans to remove the ‘best before’ dates on almost 250 of its fresh fruit and vegetable products…

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Iceland’s debt rating downgraded as it falls to pre-tax loss

Iceland’s debt rating has been downgraded by Moody’s as its newly filed accounts showed Iceland Foods fell to a pre-tax…

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Co-op Group appoints Shirine Khoury-Haq as CEO

The Co-op Group has announced the appointment of Shirine Khoury-Haq as the supermarket chain’s new CEO.  Allan Leighton, chair of…

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Grocery sales jump 4.5% as convenience stores boost performance

Total till grocery sales remained strong in July with a growth of +4.5% as UK shoppers spent £3.6bn on groceries…

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Grocery price inflation hits new peak, Kantar finds

Supermarket sales rose by 2.2% in the 12 weeks to 7 August according to the latest take-home grocery figures from…

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Aldi increases pay for warehouse employees

Aldi has increased its hourly pay for colleagues working at Aldi distribution centres, the majority of distribution centre roles are…

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Asda targets 30% female store managers by 2025

Asda has announced a new diversity target of increasing the proportion of female general store managers to 30% by 2025,…

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