Shoppers spend extra £524m at UK supermarkets in April April 28, 2020 Shoppers spent an extra £524m at UK supermarkets during the coronavirus lockdown compared to April last year. Grocery sales soared 9.1 per cent in the 12 weeks to 19 April, which were £524m higher in the past four weeks than they were in April 2019. Households made a record low 14 trips to UK supermarkets [...]
Coronavirus: Sainsbury’s to ease stockpiling restrictions on products April 3, 2020 Sainsbury’s will begin removing coronavirus stockpiling restrictions from its supermarket goods from this Sunday, it said today. The supermarket said a combination of more supply and panic buying measures means there is finally more stock on the shelves, prompting it to ease stockpiling measures. Restrictions are no longer in place on Easter eggs. However, buying [...]
Pursuing purpose, not profit, could help businesses grow a bigger pie for all of us March 27, 2020 The coronavirus crisis is highlighting one of the most fundamental tensions that business leaders face: do they pursue purpose or profit? Sainsbury’s chose purpose. They’ve reserved the first hour on every Monday, Wednesday, and Friday for elderly and vulnerable customers, and are giving them priority access for online delivery slots. The supermarket is also limiting [...]
Lidl crowned UK’s fastest growing supermarket March 3, 2020 Lidl was the fastest growing supermarket in the UK over the last 12 weeks, taking the crown from online grocer Ocado. The German discounter increased sales by 11.4 per cent in the 12 weeks to 24 February, becoming Britain’s fastest growing grocer for the first time since November 2017, as it opened its 800th store [...]
Waitrose ranked best UK supermarket in annual Which survey February 22, 2020 Waitrose has been ranked as the best supermarket in the UK in an annual satisfaction survey conducted by Which. The chain, which is owned by John Lewis, hit five stars on most categories, but did come joint-last in value for money. Budget supermarkets Aldi and Lidl continue to be ranked highest in terms of value. [...]
Sainsbury’s Bank chairman Roger Davis steps down February 12, 2020 Sainsbury’s Bank has started a search for a new chair after Roger Davis told the board he intends to step down from the role. Davis has chaired the bank’s board for almost seven years. Sainsbury’s said the search to find Davis’s replacement had begun and that further announcements regarding the timings of his retirement and [...]
Ocado retains crown as Britain’s fastest-growing supermarket February 4, 2020 Ocado has retained its position as Britain’s fastest growing supermarket, with the online grocer achieving its quickest growth in the North of England. Ocado’s overall sales grew 11.2 per cent year-on-year during the quarter, with its market share rising 0.2 percentage points, according to data from Kantar. While over half of the grocer’s sales come [...]
Sainsbury’s to invest £1bn to reduce emissions to net zero by 2040 January 28, 2020 Sainsbury’s has pledged to invest £1bn over the next 20 years to reduce greenhouse gas emissions to net zero by 2040. The supermarket giant, which currently has a carbon footprint of 1m tonnes, will focus on reducing emissions, food waste, plastic packaging and water usage. Sainsbury’s will also boost its recycling, biodiversity and healthy and [...]
Failed Asda merger ‘trigger’ for Sainsbury’s CEO Mike Coupe’s exit January 22, 2020 The departure of Sainsbury’s boss Mike Coupe’s was sparked by the failure to merge the supermarket with rival Asda, analysts said today. Industry experts said it was impossible to look beyond the failure of the Asda merger, and felt his resignation – announced today – was simply a matter of time. Coupe was caught on [...]
Christmas supermarket sales growth slows to four-year low January 7, 2020 Supermarket sales growth over the Christmas period slowed to the lowest rate in four years as shoppers watched their budgets over the festive period. Retailers reported sales of £29.3bn, up £50m on last year, however growth slumped to the lowest rate since 2015. Read more: Morrisons sales fall in ‘unusually challenging Christmas period’ Year-on-year supermarket [...]