Mark Kleinman: Every Lidl helps a new era of supermarket mergers Business Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Every Lidl helps a new era of supermarket mergers Every Lidl helps. For that matter, every Aldi does too. With apologies to the creators of Tesco’s famous advertising slogan, that might be the neatest way to encapsulate [...]
Retailers back on alert after new wave of cyber attacks Retail When Asos customers were sent a cryptically-worded push notification on Tuesday last week, some shoppers thought they were being hawked the fast fashion retailer’s new Christmas collection. One thought the alert was “some crappy marketing scheme to get me to check the app and to view their snowflake collection,” they wrote on X. The notification [...]
Lidl snaps up market share as rival Aldi stalls Retail Lidl is the fastest-growing grocer in the UK, new figures suggest, as the discount supermarket grabs more market share while its rivals stall. The German discounter held 8.6 per cent of the UK’s grocer market in the 12 weeks to October, according to Worldpanel by Numerator, up from 8.2 per cent a year ago. This [...]
Retailers press Healey to cut high street taxes at crunch Downing St meeting October 13, 2026 Retailers urged John Healey to “reverse the damage” of rising high street taxes as the Chancellor met industry bosses on Tuesday. Top retailers including Tesco, Sainsbury’s and Marks & Spencer pressed Healey on business rates and youth unemployment but the Chancellor stopped short of confirming any Budget measures. Healey hosted high street bosses at Number [...]
Tesco urges Healey to slash ‘fundamentally unfair’ business rates October 8, 2026 The boss of Tesco has urged John Healey to reform the “fundamentally unfair” business rates system and avoid a so-called warehouse tax. Ken Murphy, chief executive of the UK’s biggest grocer, has become the latest retail industry figure to urge the Chancellor to cut taxes on high street businesses, as Andy Burnham pledges a revival [...]
Tesco lifts profit outlook as consumer confidence ‘resilient’ October 8, 2026 Tesco has lifted its profit outlook after seeing a boost in online sales, as the UK’s largest supermarket said consumer confidence is proving “resilient” despite an “uncertain external backdrop”. The FTSE 100 grocer improved its lower-end operating profit target from £3bn to £3.15bn for the full year, leaving its top-end forecast at £3.3bn. Industry figures [...]
Could an exit from Europe bolster Tesco’s UK dominance? October 6, 2026 Like a student nearing the end of their gap year, Tesco has careened across Europe, Asia, even the United States, and is now preparing to return home and settle down. The supermarket chain, the UK’s largest, is weighing up whether to offload its operations in Hungary, the Czech Republic and Slovakia, with grocery rival Lidl [...]
Lord’s Cricket Ground, West Ham, EY among creditors owed £190m by Brewdog September 24, 2026 Lord’s Cricket Club, West Ham United and Big Four accounting firm EY are among the big-name firms which are owed £190m by Brewdog. The craft beer firm collapsed earlier this year and its administrators have said that its unsecured creditors, who are owed £189.9m, will not be paid back. AlixPartners, Brewdog’s administrators, said there are [...]
Tesco’s slow retreat from Europe is depressing September 24, 2026 Working with Tesco can be both a blessing and a curse, a relative of mine, who used to work in wine sales in Australia, recently told me. Some winemakers who struck deals with the British supermarket, one of the world’s biggest purchasers of wine, would quickly be rolling in cash, such were the size and [...]
Every Lidl helps: German grocer’s owner poised to snap up Tesco stores September 23, 2026 The owners of Lidl are among the front runners to snap up dozens of Tesco stores as the British supermarket chain seeks to offload some of its biggest subsidiaries. Schwarz Group is expected to submit an offer for Tesco’s Czech and Slovakian businesses, according to the Financial Times, after the FTSE 100 firm said it [...]