Lidl sales help it hit record stake in UK supermarket sector December 10, 2019 The biggest supermarkets shed yet more market share to discounters Aldi and Lidl in the three months to the start of December, new data out today reveals. The big four grocers saw their collective market share drop by over one per cent to 67.7 per cent as people delayed their Christmas shopping and Black Friday [...]
Lidl brings hourly pay rate in line with living wage November 19, 2019 More than 19,000 Lidl employees across the UK are set to get a pay rise as the supermarket brings its hourly rate in line with the living wage. Entry-level pay will rise from £9 to £9.30 per hour in stores outside of London and from £10.55 to £10.75 per hour within the M25 to meet [...]
Lidl sales soar as big four supermarkets struggle November 12, 2019 Budget supermarket Lidl enjoyed soaring sales this autumn, as the big four grocers struggled to keep up with the German discount stores in the lead up to the crucial Christmas trading period. Lidl was the fastest growing bricks and mortar supermarket in the 12 weeks to 3 November with a sales increase of 8.8 per [...]
Lidl invests £15bn in British suppliers October 16, 2019 Lidl has announced a £15bn investment in its UK suppliers as it pledged to sell more British meat and fresh food. The German discount supermarket announced the five-year investment today as it marked 25 years operating in the UK. Read more: Lidl’s suppliers warned of EU tariff import costs As part of the announcement, the [...]
Sainsbury’s cuts market share decline as Aldi and Lidl soar June 25, 2019 Sainsbury’s has cut short the decline in its market share as discount rivals Aldi and Lidl continue to boost sales. Customer spend at Sainsbury’s dipped 0.6 per cent in the three months to 16 June, an improvement on the 1.2 per cent decline in the previous period following its failed merger with Asda. Read more: [...]
Big Four supermarkets stall amid fast rise of Aldi and Lidl May 29, 2019 The UK’s Big Four supermarkets all failed to post a rise in sales during the last quarter as they battled it out with the German discounters to keep their market share in an increasingly competitive landscape. While Tesco’s overall sales were flat in the 12 weeks to 19 May, its performance trumped the likes of [...]
Morrisons in City spotlight for first-quarter results May 6, 2019 Investors will be hoping Morrisons can replicate recently-improved trading results from its supermarket rivals later this week when it looks set to extend a long spell of like-for-like sales growth. Read more: Morrisons granted permission for Supreme Court appeal over data ruling Following a largely better-than-expected financial performance from both Sainsbury’s and Tesco in recent [...]
Sainsbury’s slips behind supermarket rivals after Asda merger blocked April 30, 2019 Sainsbury's sales fell behind those of rivals in the three months to the end of April, according to data released just a week after the supermarket's £7.3bn Asda merger was blocked. Sainsbury’s suffered a 1.2 per cent fall in sales compared to the same period last year, data group Kantar's statistics showed, while Aldi and Lidl [...]
Sainsbury’s: Buyers bet that shares have seen the low April 26, 2019 | City Talk By Graeme Evans from interactive investor. Trading within a whisker of a record low, a lot of bad news is already written into the share price. Yesterday’s humiliation of Sainsbury (J) (LSE:SBRY) and its boss Mike Coupe has not stopped investors from piling into the supermarket giant’s shares in the belief the chain can bounce [...]
Competition watchdog kills Sainsbury’s £7.3bn Asda merger: What went wrong? April 25, 2019 Almost a year to the day since Sainsbury’s first revealed that it was in merger talks with Asda, it has all come crashing down. In late April 2018 the two retail giants were losing market share to German discounters Aldi and Lidl, and the threat of Amazon moving into the grocery sector was very real. [...]