Supermarkets

Asda unveils new chief financial officer

Asda has announced the appointment of Michael Gleeson as its new chief financial officer (CFO), who is set to join…

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Supermarket shares crash amid Tesco profit warning

UK Supermarkets saw almost £1bn wiped off their value yesterday as the cost of living crisis began to take hold,…

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Tesco sees profits treble but warns of soaring inflation costs

Tesco has revealed its pre-tax profits more than doubled to more than £2bn, up from £636m last year, for the…

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M&S commits to lower prices amid cost of living crisis

M&S has committed to lowering the prices of everyday products in a bid to ease the pressure of the unfolding…

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Tesco colleagues to see 5.8% pay rise to £10.10

Tesco has unveiled a £200m investment which will see Customer Fulfilment Centre (CFC) colleagues benefit from a 5.8% increase in…

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CD&R offers to sell petrol stations in bid to push through Morrisons deal

CD&R has offered to sell a number of its petrol forecourts in order to push through its £7bn acquisition of…

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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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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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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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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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