Matalan finance chief to step down after 23 years as successor poached from Poundland February 12, 2024 The chief financial officer of Matalan is to step down after 23 years in role as the fashion retailer announced his successor.
Sainsbury’s injects £200m for staff pay as bumper Christmas helps stave off Lidl and Aldi threats January 4, 2024 Some 120,000 employees at Sainsbury’s and Argos are set to have their hourly wage increase, as the supermarket injects £200m into improving pay. Staff at the ‘Big Four’ grocer will now be handed £12 per hour, in line with the Real Living Wage. For workers in London this will leap to £13.15. Sainsbury’s has increased [...]
Brits blow record £13bn in supermarkets as inflation cools January 3, 2024 Brits spent a record £13.7bn in supermarkets during December, as grocery inflation continues to show signs of cooling.
Aldi and Lidl cash in as Brits clamoured for discounted Christmas January 2, 2024 Aldi was the big winner as the retailer reported its "best ever" festive period, taking in £1.5bn in sales in the run-up to 25 December, across its more-than 1,000 UK outlets.
Sainsbury’s boss: Brits don’t have time to bargain hunt with rivals December 17, 2023 The chief executive of Sainsbury’s has said that customers are shunning the likes of Aldi and Lidl in favour of ‘Big Four’ grocers, as a return to the office and a resulting lack of time has left them unable to shop around for deals. In an interview with The Telegraph, Simon Roberts said that the [...]
Supermarket sales slide before Christmas as Brits buy food and put off big ticket items December 12, 2023 Sales of general merchandise fell by seven per cent year-on-year in the four weeks to 2 December, as Brits put off spending before cashing in on sales promotions in the run up to Christmas. Total till sales growth at UK supermarkets slowed to six per cent in the last four weeks, according to the latest [...]
Small shops suffer as UK’s shoplifting problem grows, Nisa warns November 13, 2023 Nisa has urged the government not to forget “the plight of independent retailers” as it attempts to clampdown on the surge in shoplifting.
Lidl forks out £2m on bodycams amid surge in retail crime November 8, 2023 Lidl said it will be the first supermarket in England to make it the standard that all staff are provided with the equipment.
Falling in time for Christmas: Grocery inflation down to single digits for the first time in 16 months November 7, 2023 Despite the milestone, consumers are only seeing year-on-year price falls in a limited number of categories, including butter, dried pasta and milk.
Can Sainsbury’s flat earnings squash profiteering claims? November 2, 2023 Sainsbury's has been ramping up its loyalty Nectar card scheme so that shoppers can get discounts on their groceries during a period of high inflation.