Sainsbury’s predicts profit to exceed £1bn as Aldi price-matching pays off April 25, 2024 Supermarket Sainsbury’s expects profits to exceed £1bn this year as it continues to win shoppers with loyalty card and Aldi price matching schemes.
Chocolate and discount-loving Brits drive food inflation down for 14th straight month April 23, 2024 Grocery price inflation fell to 3.2 per cent over the four weeks to 14 April, marking the fourteenth monthly drop in a row, new figures by Kantar show.
Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers April 22, 2024 The firm pointed to the success of its loyalty app scheme, lower opening price points and the Just Essentials range.
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
Premiership needs ‘Fortnum and Mason’ signings like Barrett, says Exeter boss April 17, 2024 Barrett will join Leinster on a short-term deal next season in a major coup for the Irish province.
Olympic chiefs urged to extend prize money to all medallists by Team GB star Richards April 16, 2024 Athletics chiefs will pay their Olympic champions £40,000 each this year.
Has Tesco benefited from people trading down? April 10, 2024 Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers.
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 [...]
Team GB rower Glover happy to take back seat in pursuit of more Olympic gold April 9, 2024 The double Olympic champion came out of retirement for the second time with the aim of making it to Paris.
The best and worst corporate April Fools’ Day gags April 2, 2024 From Haggis ice cream to double-decker trollies, City A.M. rounds up the best and worst gags by businesses on April Fools' Day.