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 [...]
Tesco quarterly sales show sign of turn around following profit warning December 16, 2014 Tesco has enjoyed its best quarterly sales performance since June, according to the latest industry data, giving investors in the troubled supermarket chain some reason to cheer following last week’s profit warning. Sales fell by 2.7 per cent in the 12 weeks to 7 December, a slowdown on the 3.7 per cent decline recorded in [...]
Grocery deflation continues to tumble as Aldi and Lidl ramp up supermarket price war December 16, 2014 The supermarket sector has nudged back into growth after the surprise decline recorded last month. Figures out today from Kantar Worldpanel show that for the 12 weeks to December 7, the grocery market grew 0.1 per cent. The data company said this was down to “shoppers putting slightly more in their baskets compared with [...]
Lidl and Aldi see spending growth soar over 30pc December 14, 2014 Discount supermarkets, such as of Lidl and Aldi, are on track to be the clear winners in the lead up to Christmas with year-to-date spend growth of 31 per cent. Meanwhile, their mainstream rivals, including the big four of Tesco, Asda, Sainsbury’s and Morrison’s, have seen spending fall 4.1 per cent in the same period, [...]
Lidl’s Lidl Surprises Christmas advert helps to keep discounter ahead of the game – Brand Index December 9, 2014 Budget supermarkets, and specifically Aldi and Lidl, have taken the British high street by storm, with consumers warmly embracing the German retailers’ “low price but high quality” message. All supermarkets have ramped up their advertising efforts in time for Christmas. However, Lidl’s Lidl Surprises displays a confidence that they can challenge the big brands not [...]
Tesco share price hits 11-year low as supermarket chain issues yet another profit warning December 9, 2014 The figures The year just keeps getting worse for Tesco, with the beleaguered supermarket chain issuing yet another profit warning this morning. It said trading profit for the financial year ending 2015 would not exceed £1.4bn – a significantly lower figure than market expectations of between £1.8bn and £2.2bn. Shares plummeted by 16.2 [...]
Tesco share price timeline: One chart showing the dramatic decline of the supermarket giant December 9, 2014 Since 1919, the rise of Tesco as the dominant supermarket chain has seemed unstoppable. It enjoyed rapid expansion in the 80s and 90s which resulted in a huge market share over the last ten years. This is all now under threat after a series of profit warnings and scandals has cast a bleak shadow over [...]
What will happen to Tesco and its investors after yet another profit warning? Here’s what the analysts think December 9, 2014 What will happen to Tesco and its investors? Here's what the analysts think after the latest concerning news from the retail giant. Tesco's terrible year became a little bit worse this morning, after the beleaguered supermarket chain revealed that its profits for the financial year ending in 2015 would not exceed £1.4bn. This [...]