Tag: supermarkets

Motoring Organisations welcome Supermarket Petrol Price Cuts but PRA warns of Forecourt Closures

close-up of a mens hand refilling the car with a gas pump
Posted on 1 October, 2014 by Kirsten Kennedy under Business News

The supermarket price war continues to escalate with even discounters such as Aldi pledging to lower prices as a means of winning consumers to their brand. However, three members of the Big Four have identified an area in which discounters cannot compete, and... Read More

Aldi joins Supermarket Price War amid Expansion Plans

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

The supermarket price war has been underway for some time as the Big Four attempt to protect their share of the market. However, in an interesting turn of events, it seems that the discounters are now stepping up the challenge with Aldi revealing it will... Read More

Lidl’s ambitious Expansion Plans put Further Pressure on Big Four

Posted on 16 September, 2014 by Kirsten Kennedy under Business News

The Big Four supermarkets are facing increasing levels of competition, with brands from both the top and bottom end of the price range in the grocery market putting an extreme amount of pressure on the “squeezed middle”. And, it seems that this trend is... Read More

Retailers split over extended Sunday Opening Hours

Posted on 5 September, 2014 by Kirsten Kennedy under Business News, Uncategorised

In recent years, larger retailers have begun to press the government to relax Sunday trading laws which restrict the hours they can open. However, a study by retail ecommerce firm Shopatron has revealed that not all of the country’s leading retailers would... Read More

Tesco Market Share continues to Drop

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

As the supermarket price war continues to rage on, the Big Four are increasingly finding discounters eating into their market share. Tesco suffered a further loss in the 12 weeks to the 17th of August, with the data from Kantar Worldpanel showing a further... Read More

Harris + Hoole announces upcoming Closures

Posted on 21 August, 2014 by Kirsten Kennedy under Business News

Towards the beginning of the supermarket price war, when the Big Four were still consistently increasing market share and were less threatened by discounters, Tesco chose to invest in a minority stake in coffee shop chain Harris + Hoole. While this... Read More

Morrisons extends Opening Hours in bid to halt Falling Sales

Posted on 19 August, 2014 by Kirsten Kennedy under Business News

As the supermarket price war rages on, the biggest brands in the country are turning to online and convenience stores as a means of winning customers from rivals. However, Morrisons has now added a new dimension to the competition by announcing it will now... Read More

Further Price Falls in store says British Retail Consortium

Posted on 7 August, 2014 by Kirsten Kennedy under Business News, Economy

Although consumers are benefiting from shop price deflation, which has seen the prices of everything from clothing to electrical goods plummet, retailers are becoming concerned that further lowering of prices will have a negative impact on their profit... Read More

Waitrose delivers Profit Warning as Discounters steal Further Market Share

Posted on 5 August, 2014 by Kirsten Kennedy under Business News

Although the big four supermarkets have struggled in the face of competition from discounters such as Aldi and Lidl, high end retailers such as Waitrose have been relatively untouched by the phenomenon due to an extremely loyal customer base. However, it... Read More

Supermarket expansion hits Six Year Low

Posted on by Kirsten Kennedy under Commercial Developments

The number of applications for new supermarket space in the UK has now fallen to the lowest level seen since the start of the financial crisis, with only 15.22 million sq ft of shop space currently proposed by the grocery market. According to property... Read More