John Lewis, Waitrose and Lidl: The top 10 retailers with the best customer shopping experience – Forrester February 15, 2018 Middle England favourites John Lewis and Waitrose continue to triumph when it comes to offering shoppers the best customer experience – but Lidl is racing ahead of rivals. The discounter climbed to ninth – a rise of six places – in an annual ranking of the best customer shopping experience, taking into account things such [...]
Aldi knocks Waitrose off supermarket top spot while shoppers turn to Iceland and Ocado for online groceries February 12, 2018 Aldi has knocked Waitrose off the top spot as the UK’s favourite supermarket for in-store shopping. Customers rated their experience at the budget retailer as best in Which?’s annual survey. Last year’s most popular supermarket Waitrose fell to fourth-highest, below Marks & Spencer and Lidl. Respondents rated Aldi’s value for money very highly, and were [...]
‘Supermarket giants doomed’ – no, just history repeating February 2, 2018 Investors, analysts, journalists or other market commentators often become convinced some scenario or trend definitely will or will not play out. Check back a few years later, however – always anyone bothers – and that certainty may prove unwarranted. Three or four years ago, for example, many were arguing it was ‘game over’ for supermarket [...]
The City of London is bracing itself for a raft of UK retail collapses in 2018 January 12, 2018 Retailers painted a gloomy picture of the high street this week as several big names failed to cash in on the Christmas shopping season. Gloomy financial updates from household favourites such as Marks and Spencer (M&S), Debenhams, and House of Fraser prompted analysts to signal several retail collapses may be on the cards in 2018. [...]
Kantar figures: Lidl maintains position as UK’s fastest growing grocer as Sainsbury’s outpaces Big Four November 14, 2017 Lidl has kept its crown as the UK’s fastest growing grocer for a fifth quarter in a row, as Sainsbury’s becomes the best performing of the Big Four. Figures published by Kantar Worldpanel this morning show that sales were up 15.1 per cent at Lidl in the 12 weeks to 5 November, with 10.6m households [...]
Suits you: Supermarket fashion is turning heads in the UK October 24, 2017 Cheap? Check. Convenience? Check. Choice? Check. Sainsbury’s launched a rival to Savile Row in outlets this week, giving shoppers a chance to buy suits with their weekly shop. The move is a classic example of how wafer-thin margins and the dog fight for market share is forcing supermarkets to turn towards different revenue streams – [...]
Sales rise but market share falls for Big Four grocers as Aldi and Lidl continue to grow October 17, 2017 Each of the big four grocers has grown sales but seen a decrease in market share as Aldi and Lidl can now boast half the total market’s growth, new figures show. Morrisons was the fastest growing of the large retailers, with sales up 2.8 per cent in the 12 weeks to 8 October, followed by [...]
Poundworld founder Chris Edwards to head up rival Poundstretcher October 15, 2017 Struggling bargain retailer Poundstretcher is set to be taken over by the founder of one of its main competitors, Poundworld. Chris Edwards, who founded Poundworld in 1974, is in line to become chief executive of Poundstretcher, the Sunday Times reported yesterday. Poundworld sold a majority stake to American private equity firm TPG in 2015 for [...]
Aldi bags record UK sales growth though profit dips as it plans more UK expansion September 25, 2017 German budget grocer Aldi’s quest for UK domination continues as its sales growth picked up in the UK, though profits dipped in its full-year results due to “continued investment in prices and infrastructure”. The supermarket onslaught continues however, as the firm outlined plans for 70 new supermarkets for 2018 amid its efforts to hit 1,000 [...]
Up to 3,000 jobs at risk as Tesco cuts down opening hours at 69 stores April 5, 2017 Thousands of jobs are at risk in Tesco as the supermarket cuts down opening hours. Up to 3,000 employees in 69 stores across the UK will be affected by the changes, announced today by the FTSE-listed supermarket. Restocking hours will be moved from night to day in the stores affected, with 24-hour opening ending at [...]