Tag: supermarkets

Sainsbury’s suffers first Christmas Sales Drop in a Decade

Posted on 7 January, 2015 by Kirsten Kennedy under Business News

After facing  controversy over its Christmas TV advert , it has emerged that the situation at Sainsbury’s has gone from bad to worse over the festive trading period. The supermarket brand has suffered its first fall in Christmas sales in more than a... Read More

Morrison’s Loyalty Card Controversy

Posted on 12 December, 2014 by Chris Grigorovsky under Business News

Supermarket giant, Morrisons, has caused fifteen complaints since it aired their new price matching campaign, Match & More. The scheme, launched in October 2014 by Morrisons chief executive Dallon Philips, claims that they can price match with rival stores,... Read More

Further Profits Warning spells Disaster for Tesco

Posted on 9 December, 2014 by Kirsten Kennedy under Business News

The news from supermarket giant Tesco continues to go from bad to worse, with low consumer interest and increasingly stiff competition from discounters exacerbating the problems caused by a £263 million profits misstatement issued earlier this year.... Read More

Retail Report reveals first ever fall in Grocery Sales

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

As the pressure on supermarkets continues to mount, it seems that the Big Four are caught in a never-ending downward spiral which is leeching profits, cutting sales and forcing them to halt ambitious store opening programmes. Unfortunately, the latest... Read More

Waitrose Boss warns of Big Four Supermarket Closures

Posted on 18 November, 2014 by Kirsten Kennedy under Business News

After recently claiming that supermarket estates are 20 years out of date, Waitrose managing director Mark Price has now warned that Britain’s ‘Big Four’ grocery chains may soon be forced to implement a programme of wide scale store... Read More

Aldi to almost Double Store Portfolio in Eight Years

Posted on 11 November, 2014 by Kirsten Kennedy under Business News

As the Big Four supermarkets continue to struggle against the discounters, many are making the decision to cut back on large store openings as a means of expanding their convenience networks. However, it has emerged that discount brand Aldi is engaging in the... Read More

Morrisons insists it is “Making Progress” despite Poor Results

Posted on 7 November, 2014 by Kirsten Kennedy under Business News

Morrisons has been one of the worst casualties of the supermarket price war, with its late entry into the world of online retailing and emphasis on providing fresh produce rather than lower prices both turning consumers away at a rapid rate. However, despite... Read More

Supermarkets and London Shops face Business Rates Revaluation Blow

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

The UK’s leading supermarkets, already losing market share to discounters, face another blow due to the delayed business rates revaluation due to take place next year, a rating expert warns. According to analysts, members of the Big Four could face... Read More

Pickles dismisses “Tesco Tax” Proposals

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

Twenty councils from around the UK have backed a proposal to introduce a “Tesco Tax”. Led by Derby city council, the local authorities have called on the government to impose a tax on large retailers which would see businesses such as Tesco,... 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