Aldi debt jumps by £100m as profit slips at discount grocer October 2, 2026 Aldi took on more than £100m in net debt last year, as the discount grocer’s profit slipped despite its blockbuster expansion plans. The supermarket chain, the UK’s fourth largest, saw its net debt grow by a fifth in 2025, from £717m to £862m. Aldi’s jump in debt comes despite the grocer’s plans to expand rapidly [...]
Aldi to invest £900m in new stores after record turnover September 28, 2026 Aldi is set to spend £900m opening new stores next year, as the discount grocer warned the Iran war and droughts were pushing up the “pressures” facing households. The UK’s fourth-biggest supermarket said it is seeing record sales growth because of its “relentless focus” on low prices, amid fears that the cost of food could [...]
Marks and Spencer shares slide as investors brace for inflation hit September 16, 2026 Shares in Marks and Spencer have taken a dip as investors fear that rising inflation will push shoppers away from the upmarket grocer and towards its budget rivals. FTSE-100-listed M&S, whose food arm accounts for more than half of its revenue, dropped as much as four per cent on Wednesday to 357p. The share price [...]
Asda in ‘foothills of recovery’ as grocer returns to growth August 28, 2026 Asda has posted sales growth for the first time in more than two years, marking a “major milestone” in the turnaround led by Allan Leighton on his comeback at the grocer. The discount supermarket saw like-for-like sales excluding fuel grow by 0.2 per cent in the seven weeks to mid-August. Like-for-like food sales jumped by [...]
October Budget could be a ‘tipping point,’ Asda boss warns Burnham August 28, 2026 Andy Burnham’s first Budget in October could be a “tipping point” for British businesses and the economy, the chair of supermarket giant Asda has warned. Allan Leighton, who is attempting to push through a turnaround of the grocer, said it is “too early to tell” whether the government is committed to halting the rise of [...]
Asda turnaround king Allan Leighton hopes for summer boost August 27, 2026 Allan Leighton, the turnaround expert charged with leading Asda’s resurgence, has been known for his showmanship. During his first stint at Asda in the 90s, he kicked off an annual managers’ conference by revving into the auditorium on a Harley-Davidson motorbike. It was this reputation for bold, eye-catching leadership which prompted struggling discount retailer Asda [...]
Morrisons pledges to slash prices as price war intensifies August 24, 2026 Morrisons has pledged to match prices with its rivals on hundreds of products, as the debt-ridden grocer ramps up an emerging price war between UK supermarkets. The private-equity-owned supermarket has vowed that 500 of its “everyday essentials” will not be found cheaper at any of Tesco, Sainsbury’s, Asda, Aldi or Lidl. Britain’s supermarkets are fighting [...]
Burnham’s crackdown on ‘price-gouging’ splits supermarkets August 17, 2026 Tesco and Sainsbury’s have stood firm after the boss of Aldi hit out at loyalty discounts, as a “price-gouging” row threatens to divide British supermarkets. Giles Hurley, the chief executive of the discount grocer, has backed the government’s plans to clamp down on retailers which offer “misleading” discounts which do not offer real-terms value. Aldi [...]
Could a ‘land blocking’ rule change spell danger for Aldi and Lidl? August 13, 2026 German discounters Aldi and Lidl have rapidly taken control of the UK’s budget grocery market in recent years. But could new curbs on ‘land blocking’ slow their insurgency? Only a few decades ago, Lidl and Aldi were oddities. By 2008, the German discount supermarkets had been in the UK for more than 10 years but [...]
Lidl leapfrogs Morrisons to become UK’s fifth-biggest supermarket May 27, 2026 Lidl has soared past struggling Morrisons to become the UK’s fifth-biggest supermarket, as its heavy discounting gave the grocer an edge in the fiercely competitive market. The German grocer snatched an 8.6 per cent market share, powered by an 8.8 per cent uplift in sales across the last 12 weeks, according to data by Worldpanel. [...]