Tesco shareholders eye returns as ‘awful April’ bill hikes set to hit profit June 8, 2025 Tesco shareholders will be watching closely for signs that it is managing to fend off competition as the supermarket price war heats up and “awful April” bill hikes eat into household income. The UK’s biggest supermarket chain will unveil its financial results for the first three months of its financial year on Thursday. Tesco recently [...]
Mighty Hoopla 2025 review: a community event in the truest sense June 2, 2025 Mighty Hoopla 2025 review ★★★★★: Go for the vibe, which is unmatched It’s ironic that Mighty Hoopla 2025 was almost closed down for being a nuisance to the local area. While it irked some residents, inside the walls it is one of the truest examples of community, and the power of uniting people together at [...]
Cyber attacks will get worse without serious regulation, experts say May 20, 2025 Cyber experts have said that changes must be made to reverse three years of damage to companies’ supply chain security after a spate of attacks on UK retailers. Their warnings follow yet another cyber attack at a UK firm, this time Peter Green Chilled – supplier to Tesco, Sainsbury’s and Aldi. “It is not a [...]
Tesco and Sainsbury’s supplier hit in latest cyber attack May 20, 2025 A key logistics supplier to several of the UK’s major supermarkets, including Tesco and Sainsbury’s, has confirmed it is being held to ransom by hackers following a cyber attack that disrupted operations this week, following a string of assaults on UK retail in the last month. Peter Green Chilled, which also supplies Aldi, said it [...]
Lidl eyes Mayfair and Chelsea stores amid £500m expansion April 28, 2025 You could soon shop at a Lidl store in the swanky London districts of Mayfair and Chelsea as the low-cost supermarket plans dozens more store openings as part of a £500m expansion plan. The German-owned business, which controls 7.8 per cent of the UK grocery market according to latest Kantar figures, has published a list [...]
Sainsbury’s warns on growth as trolley wars heat up April 17, 2025 Sainsbury’s has said it expects no profit growth in the next year as competition in the grocery market intensifies. The supermarket giant reported retail underlying operating profit of £1.036bn in the 52 weeks ended March 1, up 7.2 per cent from £966m last year. It said double-digit growth at its Sainsbury’s retail arm was partially [...]
Tesco, M&S and Sainsbury’s shares drop amid wider FTSE 100 rally April 10, 2025 The UK’s major listed supermarkets missed out on a post-crisis FTSE 100 bump this morning after Tesco’s full-year results stoked fears of ‘trolley wars’ in the sector. The FTSE 100 index rose by more than six per cent as investors breathed a sigh of relief after Trump’s ‘reciprocal’ tariffs were paused last night. However, Tesco, [...]
Tesco: Supermarket giant’s profit beats City expectations but ‘trolley wars’ hit outlook April 10, 2025 Supermarket giant Tesco has beaten profit expectations as it continues to speed ahead in the competitive UK grocery market, but it warned that high competition will affect profit next year. Tesco shares slumped more than seven per cent in early deals. The UK’s biggest supermarket told markets this morning that group adjusted operating profit rose [...]
Tesco to reveal stronger sales amid price war fears April 6, 2025 Tesco shareholders will be hoping for reassurance over continued sales growth and robust profits next week amid the prospect of an intensifying grocery price war. Earlier this year, shares in the UK’s largest supermarket group struck their highest level for over a decade as it continued to strengthen its position in the grocery sector. In [...]
Co-op profit jumps six-fold ahead of supermarket ‘trolley wars’ April 3, 2025 The Co-op has reported a huge jump in profit for 2024 ahead of potential ‘trolley wars’ in the grocery sector. Group revenue was broadly stable year on year, ticking up by 0.2 per cent to £11.3bn, while underlying profit rose by 35 per cent to £131m. Operating profit more than doubled, from £66m to £151m, [...]