Supermarkets
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Apr- 2022 -8 April
Co-op profits drop 57% amid food supply disruptions
The Co-op Group has reported its underlying profits dropped 57% year-on-year in FY21 from £235m to £100m, marking a loss…
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7 April
Waitrose expands nationwide partnership with Deliveroo
Waitrose has announced it is expanding its partnership with Deliveroo by adding over 70 new Waitrose locations by the summer…
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6 April
ASA bans Lidl’s ‘misleading’ Tesco comparison ads
Two Lidl adverts showing how customers can make big savings at the supermarket compared to Tesco have been banned following…
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5 April
Supermarket sales remain in decline amid online pandemic comparatives
Total till sales at UK supermarkets fell -4.1% in the last four weeks ending 26 March, the lowest sales growth…
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5 April
CD&R begins £500m Morrisons property sale as it warns on profits
The new owner of Morrisons, Clayton Dubilier and Rice, has reportedly begun plans to sell a £500m property portfolio months…
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4 April
Ocado set to receive £190m from M&S amid joint venture success
Ocado is reportedly set to receive an estimated £190m after its food delivery joint venture with M&S is thought to…
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1 April
Sainsbury’s axes 300 jobs as part of cost-cutting drive
Sainsbury’s is set to axe 300 jobs across its store support centres with plans to outsource the roles. First reported…
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1 April
Tesco to sell £2 lateral flow tests in stores across UK
Tesco has announced it will be selling CTDA-approved lateral flow tests in its stores nationwide from 1 April. Diagnostic healthcare…
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Mar- 2022 -30 March
Tesco installs EV chargers at 500 stores
Tesco has announced it has expanded its free electric vehicle (EV) charging network to 500 stores nationwide, with Inverness Extra…
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29 March
Iceland reintroduces palm oil ‘with regret’ amid rising prices
Iceland has reintroduced palm oil “with huge regret” after sunflower oil has become “totally unobtainable” amid the ongoing Ukraine crisis…
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