Discounters Aldi and Lidl win Christmas as over half of UK visit their shops January 13, 2015 German discounters were the clear winners in the battle for Christmas sales, after more than half of all UK households shopped at their stores. While families typically treat themselves at Christmas and head to the big four, discounters have grabbed market share with clever ad campaigns and cheap offers on premium items such as champagne. [...]
German food discounters Aldi and Lidl enjoy premium branding buzz – Brand Index January 13, 2015 In another blow to traditional British grocers in the ongoing supermarket price war, budget food retailers Aldi and Lidl are the highest performing brands in YouGov’s BrandIndex Buzz score rankings for 2014. But there is still good news for some more of Britain’s most loved retailers, such as John Lewis and Marks & Spencer. The [...]
Asda overtaken by Sainsbury’s as UK’s second largest supermarket but big four continue to slide January 13, 2015 Asda has lost its title as the second largest supermarket in the UK to Sainsbury's, while discounters Aldi and Lidl continue making gains on the big four. Of the big four – Tesco, Sainsbury’s, Asda and Morrisons – sales fell by the smallest amount at Sainsbury’s, down 0.7 per cent. This helped it regain second place [...]
Sainsbury’s axes 500 jobs as part of cost-cutting drive January 13, 2015 Sainsbury's has announced plans to axe 500 jobs as part of a cost-cutting exercise, as the UK supermarket battle continues to heat up. Sainsbury's, which is the UK's second largest supermarket, said the job cuts would be across "all divisions and grades in our store support centres". A consultation on the job losses will start [...]
This year’s best paid graduate jobs will be in accounting, law and finance professions January 12, 2015 Young people disheartened by sky-high university fees should set their sights on a career in the City, with accounting, law and finance professions set to pay the highest graduate salaries in 2015. Anyone about to embark upon their first year in investment banking could take home £45,000. Wannabe lawyers and ambitious financiers can expect to [...]
Supermarket wars: Tesco, Sainsbury’s and Morrisons feeling the pressure in one share price chart January 8, 2015 Tesco’s share price is up today, and by a lot: 9.8 per cent at the time of writing. All in all, though, it’s been a bad past 12 months for supermarkets, with Tesco, Sainsbury’s and Morrisons share prices all sliding against the FTSE, which has itself dropped over the same period. Tesco’s story has been [...]
Sainsbury’s Christmas sales slip as outlook remains “challenging” January 7, 2015 Festive cheer failed to save supermarket Sainsbury's as it reported third quarter sales which were the worst in a decade. Like-for-like sales in stores open for more than a year fell 1.7 per cent in the 14 weeks to January 3, excluding fuel. Despite this, sales actually beat expectations, with analysts forecasting a drop between [...]
Aldi recalls Choceur Treasures chocolate batch after salmonella scare January 5, 2015 Aldi has recalled a range of chocolate after the salmonella bacteria was detected in a batch. The discount supermarket is recalling 200g packs of Choceur Treasures that carry a best before date of September 1 2015. The batch has been on sale in Aldi stores in the Midlands region only, although it has [...]
From Quindell and Gotham City to Uber and the LDTA – five of the biggest business battles to watch out for in 2015 December 22, 2014 Rival camps have banded together, the lines are drawn, battle armour is on and adrenaline is running high. All that's left for spectators to do is grab some popcorn and watch from the ringside. From rival estate agents, to a business targeted by a Batman styled US fund and an influx of tiny new banks [...]
Nightmare on high street: How discounters stole Tesco’s market share December 19, 2014 Although at first glance any shift in the share of the grocery market seems slim, the changes that have taken place over the last two years tell an interesting story. It shows the gradual increase of smaller companies such as Aldi, Lidl and Waitrose at the expense of larger chains such as Tesco, Sainsbury’s [...]