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Supermarket

  • M&S eyes up Brits’ weekly shops as food arm set to expand

    May 15, 2026

    Marks & Spencer has not been shy over its ambition to conquer the British weekly shop, and the retail giant is nearing a crucial update on its foray into the UK’s fiercely competitive grocery market. M&S Food accounts for more than half (54 per cent) of the retailer’s revenues, and its recent warehouse expansions suggest [...]

  • Deliveroo takes on the high street in grocery push

    May 14, 2026

    Deliveroo customers will soon be able to shop from multiple shops in a single order and add restaurant items after checkout, City AM can reveal, as the Doordash-owned giant attempts to elbow in on the high street. The takeaway giant’s first new feature, called Bundles, allows users to order from up to three supermarket or [...]

  • Food manufacturers mutinous over ‘unworkable’ healthy food red tape

    May 11, 2026

    The government is facing growing pressure to ditch new healthy food red tape which manufacturers and retailers warn is “unworkable” and could see fruit yoghurts and breakfast cereals classed as unhealthy. Labour plans to impose new standards on which foods count as healthy but City AM understands that several food manufacturers with billion-pound revenues fear [...]

  • Sainsbury’s warns of Iran war hit to customers, share price dips

    April 23, 2026

    Sainsbury’s has warned that the Iran war “will impact both our customers and our business,” as the supermarket giant saw its share price fall. The FTSE 100 grocer’s underlying retail profit fell by more than one per cent to £1bn, which Sainsbury’s said was due to “significant operating cost inflation,” as total sales grew by [...]

  • Sainsbury’s to deliver food inflation update as Argos future could be settled

    April 21, 2026

    After Tesco hit back against fears of double-digit food inflation last week, supermarket rival Sainsbury’s is set to update the market this week. From the Iran war to the future of Argos, Felix Armstrong looks ahead to a landmark set of results due on Thursday. Sainsbury’s spooked shoppers last week when it threatened people caught swapping [...]

  • A price cap on bread and milk? SNP plan is unnecessary and unworkable

    April 17, 2026

    The SNP has pledged to cap the price of bread but why? Poor people can afford the essentials and supermarket margins are tiny.

  • Hoo Hing: London’s largest Chinese supermarket defies sterling slump to return to profit

    April 16, 2026

    London’s biggest Chinese grocery group has returned to profit, despite being hit by a weaker pound and falling revenue.  Dagenham-based Hoo Hing Holdings was founded in the 1970s and has superstores in Mitcham, Milton Keynes and Park Royal. It posted a small pre-tax profit of £167,559 for the 12 months to the end of June [...]

  • M&S Sparks rewards overhauled as retailer offers cash perks

    April 16, 2026

    Marks & Spencer has overhauled its Sparks card reward scheme using AI after shoppers demanded cash perks instead of the existing points-based system.  The upmarket food and clothing giant said it is responding to consumer criticism of its loyalty scheme by offering “personalisation and pounds, not points and tricksy pricing”.  The Sparks Card had faced [...]

  • Tesco boss downplays double-digit food inflation warning over Iran war

    April 16, 2026

    The boss of Tesco said he doesn’t “recognise” warnings that food inflation could soar to double digits this year due to supply chain chaos caused by the Iran war. Ken Murphy, chief executive of the supermarket giant, said he currently has no concerns over significant price inflation and “doesn’t know” whether this is coming down [...]

  • Tesco shares jump as profit surges despite Iran ‘uncertainty’

    April 16, 2026

    Tesco shares jumped in early deals this morning after the retailer reported a better-than-expected profit for the year to the end of February. The supermarket giant made an operating profit of over £3.1bn in the year to February 2026 compared to its own forecasts of between £2.9 and £3.1bn. The supermarket expects to make an [...]

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