Inside Asda’s turnaround plan to win back customers from supermarket rivals August 9, 2024 It’s a difficult time to be at Asda’s helm – with sales down as well as competitors eating into its market share, the supermarket giant has announced an ambitious three-point turnaround plan to stave off further declines. Without a permanent CEO – the position has been empty since 2021 and filled on an interim basis [...]
‘It’s not where we want to be’: Asda sales shrink as supermarket rivals eat into market share August 8, 2024 Asda’s sales have dropped again after it continued to lose market share to its supermarket rivals, according to new figures. Revenue in its second quarter of its financial year was down 2.2 per cent, with a 5.3 per cent like-for-like decline, as its sales slump accelerated. Competitors like Morrison’s, Tesco and Sainsbury’s have been slowly [...]
Grocers vs bargain chains: Discount competition is heating up July 23, 2024 The discount sector is crowded and competitive: Aldi, Lidl, Poundland and B&M are only a few of the retailers vying for space. The market for discount goods has been growing over the last few years, but not every company has been a winner – only a few stores have managed to attract and keep customers. [...]
Amazon faces potential investigation as Prime Day nears July 11, 2024 A watchdog has warned that it would "not hesitate" to launch a formal investigation into Amazon if concerns were raised that the US giant was not treating its suppliers fairly and lawfully.
Morrisons shakes off Aldi and Lidl competition as sales continue to rise June 25, 2024 Morrisons shook off competition from discount rivals Aldi and Lidl to post another rise in sales during its latest quarter.
Supermarkets hope for Euro 2024 boost as Asda and Co-op lose ground June 18, 2024 Asda and the Co-op are the only major supermarket brands in the UK to have lost market share over recent weeks, according to new figures.
Tesco, Sainsbury’s, Aldi: Who owns Britain’s biggest supermarkets after Asda takeover? June 12, 2024 British supermarkets like Tesco, Asda, Sainsburys, and Waitrose might be household names, but who is pulling their strings?
After Lidl v Tesco: Business branding may seem like a snoozefest, but get it wrong and it may cost you April 20, 2024 After a legal battle of Lidl v Tesco, trademark disputes has been at the forefront of people's minds as the thought of expensive litigation highlights just how important branding is for a business
Drop the yellow circle? Tesco commences its £7m (plus fees) Clubcard rebrand after losing battle with Lidl April 17, 2024 Tesco has begun a £7m rebrand of its Clubcard Prices logo after losing a trademark battle against rival supermarket giant Lidl last month. Britain’s biggest supermarket, Tesco, was sued by German supermarket Lidi over its Clubcard Prices’ promotion which used a blue square with a yellow circle with the words ‘Clubcard Prices’ inside the box. [...]
Tesco’s profit surges as lower prices draw in consumers April 10, 2024 Britain’s biggest supermarket, Tesco, has traded in line with raised expectations, posting a total operating profit of £2.8bn for the full year. This morning, chief Ken Murphy thanked a slew of price cut schemes for the lift, which saw profit exceed the board’s expectations by £50m last year. Group sales were up 7.4 per cent [...]