Tag: Convenience Stores

Tesco to move Sweets from Convenience Store Checkouts

Posted on 25 May, 2014 by Kirsten Kennedy under Business News

The Big Four supermarkets have continued to step up their efforts in beating discounters such as Aldi and Lidl by dropping prices, offering a range of promotions and launching advertising campaigns based around the quality of goods on offer in store. However,... Read More

Co-op enters Supermarket Price War

Posted on 29 April, 2014 by Kirsten Kennedy under Business News

The traditional UK supermarket sector has been facing stiff competition recently, with an influx of discount brands such as Aldi and Lidl taking market share and sales from the “Big Four”. This has meant that, in order to effectively compete, all brands... Read More

Tesco Annual Profits fall by Six Per Cent

Posted on 17 April, 2014 by Kirsten Kennedy under Business News

Amidst the rise of the discounters in the supermarket sector, the established ‘Big Four’ have seen their profits fall as more and more consumers choose to conserve cash by shopping elsewhere. This has taken an especially strong toll on traditional market... Read More

Co-operative Group to lease 54 Pubs to expand Convenience Store Network

Posted on 8 April, 2014 by Kirsten Kennedy under Commercial Developments, Commercial Sales and Lets

 But deal is likely to lead to further pub closures  While the financial crisis may be over and Britain is now officially in recovery, certain sectors within British industry continue to struggle to lift profits due to consumers remaining wary of spending... Read More

Co-op plans Large Scale Shop Acquisitions

Posted on 7 March, 2014 by Jodee Redmond under Business News

The Co-operative Group food arm has announced that it is planning to increase its property estate from 2,800 to 4,000 shops by adding around 150 convenience stores a year. Steve Murrells, the group's retail chief executive, told Retail Week that the... Read More

Tesco to Cut Store Expansion in a Bid to Win Back Customers

Posted on 28 February, 2014 by Kirsten Kennedy under Business News

Tesco was once the powerhouse of the supermarket sector, with its top spot in the UK chart generally undisputed. However, as rivals Sainsbury’s and Asda have become more popular, and budget chains such as Aldi and Lidl have won consumers who like to keep a... Read More

ONS claims Small Retailers are Leading Economic Recovery

Posted on 22 January, 2014 by Kirsten Kennedy under Economy

This time last year, many of the surveys and studies coming from the retail industry showed that small retailers were struggling to keep their heads above water. High business rates, increasing utility bills and low consumer confidence all contributed to the... Read More

Sainsbury’s Supermarkets overtaken by Local Stores

Posted on 15 January, 2014 by Kirsten Kennedy under Business News

Sainsbury’s now owns and operates more Local convenience stores than traditional supermarkets for the first time in its history. The brand this week opened its 594th convenience store in Balsall Common, Coventry, and is continuing to set a rapid pace... Read More

Arcadia Plans to Move from Fashion to Food

Posted on 17 November, 2013 by MOVEHUT under Business News

Arcadia, which owns some of the best known high street fashion retailers, is planning to open convenience food outlets within some of its stores. Sir Philip Green (centre) Arcadia is the owner of stores such as Dorothy Perkins, Miss Selfridge, Topshop,... Read More

Morrisons Claims Shoppers are Still Struggling as it Plans Expansion

Posted on 17 July, 2013 by Kirsten Kennedy under Economy

While the economy is showing positive signs of recovery, there is still a long way to go. Inflation remains at a worrying level, and this in turn is having a negative effect on consumers – especially those still struggling with pay freezes or very low... Read More