Tag: supermarkets

Easter Eggs at centre of Supermarket Price War

Posted on 2 April, 2015 by Kirsten Kennedy under Business News

The supermarket price war has dominated the grocery industry for the past few years, with retailers increasingly attempting to gain an advantage over their cut price rivals including foreign import brands such as Aldi and Lidl. The latest manifestation of... Read More

Supermarket Property investment “reboots” following Sector Turbulence

Posted on 25 March, 2015 by Kirsten Kennedy under Commercial Sales and Lets

The troubles facing the “Big Four” supermarket chains in the UK have been well documented for some time, with the influx of discount competition and resulting falling sales causing many to rein back on new store openings. However, it appears that the... Read More

Supermarket Sales War takes Surprising Turn as Tesco bounces back

Posted on 14 March, 2015 by Kirsten Kennedy under Business News

Only a few months ago, it seemed that Tesco had fallen to an irreversible low – its high profile financial scandal, teamed with many consecutive months of falling sales and a steadily ebbing market share, led many market analysts to wonder whether the... Read More

Asda to invest £600 million in new Store Opening Programme

Posted on 24 February, 2015 by Kirsten Kennedy under Business News

As the supermarket price war rages on and the Big Four continue to lose market share to discounters, most are choosing to rein back new openings in favour of closing unprofitable stores. However, Asda has this week announced that it will buck this trend by... Read More

Tesco and Morrisons benefit as Grocery Sales climb at Fastest Rate since 2008

Posted on 12 February, 2015 by Kirsten Kennedy under Business News, Economy

The supermarket price war has been escalating recently as the traditional leading grocery retailers attempt to win back consumers from discounters such as Aldi and Lidl. While this technique has appeared unsuccessful to date, it seems that two of the Big Four... 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

Thorntons plans further Store Closures despite Strong Sales Growth

Posted on 21 January, 2015 by Kirsten Kennedy under Business News

Although supermarkets continue to struggle against the rise of the discounters, certain specialist stores still find that they often lose consumers to the “all under one roof” principle. This has been especially true at chocolatier Throntons, as along... Read More

Analysts forecast poor Trading Update from Morrisons

Posted on 12 January, 2015 by Kirsten Kennedy under Business News, Economy

Although most supermarket brands in the UK are struggling to attract custom at present, Morrisons has consistently been the worst performer out of the “big four”, with its failure to launch an online service until well after its key rivals and minimal... 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