Tag: Convenience Stores

Morrisons to sell Large Chunk of Convenience Store Network

Posted on 10 September, 2015 by Kirsten Kennedy under Business News

The supermarket price war rages on, and many UK brands are beginning to feel the strain of competing with European discounter brands such as Lidl and Aldi. One of the greatest casualties so far has been Morrisons, which has announced a new wave of closures... Read More

Tesco issues Store Closure Hit List

Posted on 29 January, 2015 by Cliff Goodwin under Business News

Tesco's new chief executive, Dave Lewis, has named the 43 stores he is closing as the first phase of his campaign to turn the struggling supermarket around. It's expected at least 2,000 staff will lose their jobs. Already dubbed "Drastic" Dave Lewis by... Read More

Waitrose Expansion to create 2000 Jobs

Posted on 28 January, 2015 by Kirsten Kennedy under Business News

The John Lewis Partnership seems virtually untouchable in the new era of retailing, with both its self-titled department store chain and Waitrose supermarket subsidiary proving consistently popular with consumers. In fact, executives have this week announced... Read More

Tesco announces 43 Store Closures

Posted on 8 January, 2015 by Kirsten Kennedy under Business News

With the Christmas trading period over, retailers will be turning their minds to the coming year and the ways in which they can best profit from the economic upturn. For Tesco, however, the question is not how to boost profits further but how to prevent a... Read More

Waitrose Boss claims Supermarket Estates are “20 Years out of Date”

Posted on 24 October, 2014 by Kirsten Kennedy under Business News

With the majority of retail reports in the past year showing the Big Four supermarkets losing further ground to discounters some have begun to question the future of the big box format. Supermarkets have responded to this with high-profile marketing... 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

Supermarket expansion hits Six Year Low

Posted on 5 August, 2014 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

Will Britain’s ‘convenience culture’ transform the High Street?

Posted on 30 July, 2014 by Kirsten Kennedy under Business News

A new report by the Future High Streets Forum, in association with Southampton University, claims that Britain’s ‘convenience culture’ could prove to be the key to transforming struggling town centres. The report, called “one of the most... Read More

Waitrose Sales Rise as Weather Improves

Posted on 28 May, 2014 by Kirsten Kennedy under Business News, Economy

With a spate of Bank Holidays in April and May bringing a somewhat unexpected spell of sunny weather with them, British consumers took advantage by stocking up on summer goodies in order to enjoy barbecues and beach trips with friends and family. This saw... Read More