Grocery spending hit record high at Christmas as Brits favour food over gifts January 7, 2025 Grocery spending hit a record high this Christmas as Brits dined out on premium goods and fizz, in a marked contrast to the anaemic growth in retail spending. Overall take-home sales at the grocers rose by 2.1 per cent over the four weeks to 29 December compared with last year. Brits splashed out on premium [...]
Brits buy 50m Aldi mince pies as budget grocer hails ‘best Christmas ever’ January 6, 2025 Aldi has recorded its best festive season ever in 2024, with sales topping £1.6bn in the month before Christmas. Sales at the grocer grew 3.4 per cent year on year, while its seasonal offering rose 10 per cent and its premium range jumped by 12 per cent compared to 2023. Aldi UK’s chief executive officer, [...]
Tesco and Sainsbury’s to shed light on Christmas sales performance January 5, 2025 The UK’s biggest supermarket groups will shed light next week on how they fared over the key Christmas period amid pressure on shoppers’ budgets. Tesco and Sainsbury’s will both provide third-quarter updates for investors and analysts, where they will reveal their sales for the weeks running up to Christmas. Both grocers are expected to reveal [...]
Post-Christmas shopping to rise as bargain-hunters ’emerge’ – analyst December 28, 2024 Post-Christmas shopping is expected to pick up on Friday after data showed there were fewer consumers hitting the high streets for Boxing Day bargains. By midday on Friday, footfall at shops across the country was eight per cent higher than the same day last year, according to retail analysts MRI Software. It follows refreshed figures [...]
Thatchers’ cloudy lemonade trademark row with Aldi back in court December 17, 2024 British cider brand Thatchers is back in court today as it seeks to overturn a ruling that said Aldi did not infringe its trademark over its cloudy lemon cider
Asda needs to ‘dig down into its soul’ and recover sense of purpose, say analysts December 9, 2024 Asda needs to “dig down into its soul” and reshape its pitch to customers if it wants to tackle the rising threat from the likes of Aldi and Lidl following a rollercoaster 2024, analysts have warned. The Leeds-headquartered supermarket giant has not been far from the headlines all year amid debt struggles, strikes, falling sales [...]
Currys could reveal Black Friday boost or Budget hit in interim results December 7, 2024 Electronics retailer Currys will reveal how much impact the recent Budget is likely to have on its sales next week. Investors will hope the chain has carried on a recent financial recovery into the autumn when it announces its interim results on 12 December. The company is expected to post a profit of £137m for [...]
Struggles continue at Asda as new owner looks to turn around supermarket giant November 12, 2024 The continuing struggles at supermarket giant Asda have been revealed with both Tesco and Sainsbury’s hoovering up its market share in the UK, according to new figures. Sales at the Leeds-based grocer totalled £4.242bn in the 12 weeks to 3 November, 2024, down from the £4.490bn it reported for the same period last year, the [...]
How American Express UK is looking to crack Gen Z October 24, 2024 American Express’s UK boss, Hannah Lewis, sits down with City AM to talk breaking into a younger markets and shaking up its image. “Do you take Amex?” It’s a question that has slipped so far into the cultural lexicon there are even memes about it. Scroll through a dedicated Reddit page on American Express and [...]
The ‘battle for value is on’ at UK grocers as supermarkets push discounts October 8, 2024 Higher spending at supermarkets over the last month has been driven by sales of discounted goods as grocers compete to bring financially-stretched customers through their doors, according to fresh data. Grocery price inflation increased slightly to two per cent during the four weeks to 29 September, up from 1.7 per cent last month, according to [...]