All Retailing articles – Page 6
-
NewsAsda reports £5.4bn revenue after lowering the price of 600 products
UK retailer Asda has reported its Q3 trading performance for the last three months to September 2023. The supermarket reported revenues of £5.4 billion.Asda reported Q3 revenue of £5.4 billion.Within the report, Asda said that like-for-like food sales increased by 3.2% during Q3 compared to 2022, with the retailer attributing ...
-
NewsVegan products to be sold at same price as meat counterparts in Lidl Germany stores
Lidl Germany is adjusting the pricing of products in its vegan own brand Vemondo range to align the prices with that of its comparable meat products.Prices of the Lidl vegan brand Vemondo will be changed to reflect the pricing of meat products.The Vemondo range was introduced by Lidl in 2020, ...
-
NewsSainsbury's launches lower carbon beef range
UK retailer Sainsbury’s has launched a new Aberdeen Angus range which offers a 25% lower carbon footprint compared to industry standard, making it "the largest low carbon beef range ever produced in the UK."Sainsbury's has worked closely with ABP to increase efficiency in its cattle management and breeding.Sainsbury’s developed the ...
-
NewsSupermarkets are not passing rising costs onto consumers, says CMA
The latest report from the Competition and Markets Authority (CMA) has found that supermarket competition issues have not been driving food price inflation up.Rising supermarket costs have not been fully passed on to customers.The CMA has assessed how retail competition is working in the UK grocery sector, focusing on the ...
-
NewsSupermarkets ramp up discount deals as inflation falls
Spending on promotions has gone up for the first time in two years, now accounting for just over a quarter of the total market at 25.2%, according to Kantar's latest research. Grocery price inflation has fallen to 14.9% in the four weeks to 9th July 2023.Grocery price inflation has seen ...
