Local shops axe jobs and cut investment amid surging costs September 1, 2025 UK convenience stores have cuts 2,000 jobs over an “extremely challenging year” after coming under pressure from soaring labour costs and fierce competition from supermarkets. The Association of Convenience Stores (ACS) warned that pessimistic consumers and increased costs for retailers are therefore putting the UK’s 50,000 local shops under pressure, resulting in weaker investment and [...]
Surging food inflation hits restaurant sales August 19, 2025 Food inflation is accelerating once again, eating into consumers’ pockets and pushing prices higher across the board. Inflation at the grocers hit five per cent in the four weeks ended August 10, down from 5.2 per cent in the previous month but well above the wider UK rate of 3.6 per cent. Real wage growth, [...]
Tesco sorry after Lionesses promotion own goal in Welsh stores June 20, 2025 Tesco has been forced to apologise after shoppers in Wales complained about in-store promotion of the Lionesses, their group rivals at the upcoming Women’s Euros. Customers in Cardiff called the large stand, which showcased Lucozade’s support of the England team and offered a chance to meet the Lionesses, “disgraceful” and “deeply offensive”. Defending champions England [...]
Tesco is tightening its grip on the UK supermarket crown June 12, 2025 Tesco has boosted market share again as it outperforms peers in the ever-more competitive UK grocery space. In its first-quarter results this morning, the supermarket giant reported a 5.9 per cent uplift in food sales and a 6.2 per cent rise in home and clothing sales. Tesco now has 28 per cent of the UK [...]
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 [...]
Grocery inflation jumps to highest level in more than a year May 28, 2025 Grocery price inflation shot up to 4.1 per cent in May, driven by chocolate and suncare products in the hottest start to the month on record. The rise follows a 3.8 per cent jump in April and a 1.8 per cent rise in March, according to Kantar. “This latest jump in grocery price inflation takes [...]
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 [...]
Higher chocolate prices push up grocery prices in March April 1, 2025 According to the latest data from market research company Kantar, higher prices for premium products pushed grocery prices up in March despite discounts on everyday items. Grocery price inflation rose slightly to 3.5 per cent over the four weeks to March 23 compared with a year ago. “With prices continuing to rise, supermarkets are mindful [...]
Co-op invests further in lower prices as ‘trolley wars’ beckon March 25, 2025 Co-op Group has invested millions in lower prices as all the grocers gear up to battle for value-seeking customers. The business, which is owned by its 5.5 million members, will invest more than £70m into matching prices with Aldi on 100 everyday essentials for its members. The move will take the co-operative’s investment into lowering [...]
Morrisons to cut hundreds of jobs and close cafes in huge shake-up March 24, 2025 Supermarket giant Morrisons has put 365 jobs at risk after it revealed plans to close more than 50 of its cafes. The Yorkshire-headquartered chain said 52 of its cafes, 17 convenience stores and dozens of meat and fish counters at its shops are slated for closure. Morrisons said the closures are part of a “wide-ranging” [...]