All Supermarkets articles – Page 3
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NewsSainsbury's boss takes over as IGD president
Jason Tarry, CEO of UK & ROI Tesco Plc, will step down from his role as president of the Institute of Grocery Distribution (IGD) to make way for Sainsbury's CEO Simon Roberts, reported IGD.Simon Roberts, Sainsbury's CEO and incoming IGD president.Roberts will assume presidency of IGD on 1st March 2024 ...
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NewsMorrisons to improve chicken welfare standards by November 2024
UK supermarket Morrisons has announced that by November 2024 all of its own-brand fresh chicken will be grown with over 20% more space than the industry standard of 38kg/m2 as part of its "journey to improve and enhance animal welfare standards".Morrisons is aiming to grow all of its own-brand chicken ...
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NewsM&S and Tesco report "strong" performance over festive period
UK retailers M&S and Tesco have released their 2023/24 trading statements, with both reporting "strong" growth.Both retailers reported strong sales over the Christmas period.M&S and Tesco both reported strong volume growth, with M&S reporting a 7% increase in Q3. Tesco said it showed particular strength in its fresh food category, ...
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NewsWaitrose reports increased sausage sales in new report
UK retailer Waitrose has published its 2023/24 Food and Drink Report, observing a 34% increase in its own-label sausage sales.Sales of the Waitrose Essential Pork Sausages were up by 34% compared to the previous year.Waitrose surveyed 2000 UK adults, finding that 32% of shoppers were turning to more classic dishes ...
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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 ...
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NewsLatest Kantar figures show lowest grocery price inflation since July 2022
Kantar has released its latest figures for grocery price inflation, reporting a fall in grocery price inflation to below 10% for the first time since July 2022. The data showed grocery price inflation falling to 9.7%, the lowest it's been since July 2022.Grocery price inflation now sits at 9.7% for ...
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News£200m logistics funding to help food retailers lower emissions
New funding for the UK logistics industry is expected to help grocery companies - such as Sainsbury's and Marks & Spencer - lower their transport emissions.The new funding for the logistics industry is expected to ease the financial burden of high fuel costs for UK food retailers.The £200 million in ...
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NewsAsda cuts prices of fresh meat staples
As part of its plan to reduce costs for families, UK retailer Asda has invested £9 million to cut the price of staples such as fresh meat.The price reductions are part of Asda's plan to reduce shopping costs for families.The prices of some of the shop's most popular products have ...
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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, ...
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NewsRed Tractor sets out next steps for Greener Farms Commitment
Red Tractor's main board has confirmed it will make its Greener Farms Commitment (GFC) available from 1st April 2024. Red Tractor CEO, Jim Moseley.Red Tractor has been working on its GFC environment module since 2020, recognising that the pressure on Retail, Out Of Home (OOH) operators and brands to source ...
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NewsBarbecue sales remained strong in September, says Kantar
Grocery price inflation fell to 11%, its lowest rate since July 2022, as barbecue staples continue to make increased sales in the warmer weather, according to the latest data from Kantar.Summer staples continued to perform well into September as the weather remained agreeable.It was the seventh consecutive month that saw ...
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News"Tesco is now consistently the cheapest full-line grocer," says CEO
Tesco CEO Ken Murphy said that Tesco is "committed to doing everything [it] can to drive down food bills" and "is now consistently the cheapest full-line grocer."Clubcard Prices helped customers save up to £390 a year.Murphy's comments are part of the UK supermarket's 2023/24 Interim Results Trading Statement, which boast ...
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NewsBRC reports decreased food inflation rates across the board
Food price inflation is steadily decreasing according to the British Retail Consortium (BRC), sitting at its lowest since July 2022.Inflation was below the three-month average across the board.The retailer trade association BRC showed that food inflation decelerated to 9.9% in September, down from 11.5% in August. This was the lowest ...
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NewsValue meat sales grow steadily despite cost concerns
Supermarket private-label value items are performing well in both the red meat and dairy sectors, despite cost-of-living concerns continuing to restrict overall consumer spend.Mince sales were up 179.8% YoY.Products within a specific money saving/value for money supermarket own label range are known as value tier products. These items have performed ...
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NewsAldi reports record sales as it plans to expand across the UK
UK discounter Aldi has reported an annual sales increase of £2 billion to £15.5 billion when compared to 2021 sales of £13.6 billion, a new record for the supermarket.Aldi has pledged to open 500 more stores following record breaking sales.According to data from Kantar, Aldi attracted around one million more ...
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NewsWaitrose rolls out new welfare standards for continental pigs
Waitrose has announced that all of its continental pigs will be free from confinement by 2025, as its own brand Italian continental meat is now produced to the "highest animal welfare standards."Waitrose states that all its continental pigs will be free from confinement by 2025.A long term partnership between Waitrose ...
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NewsOpen letter calling for supermarkets to spotlight British produce signed by 110 MPs
An open letter to UK supermarkets, which has been signed by 110 MPs, is calling for retailers to highlight British produce on their websites by creating a 'Buy British' section on online stores.Despite supermarkets already labelling in-store British products like meat, dairy, fish, fruit, vegetables and grains, MPs are calling ...
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NewsTesco uses "pillow packs" to package fresh meat
UK supermarket Tesco is to introduce new "pillow packs" in order to use 70% less plastic packaging on fresh meat.The new Tesco packs are reported to use 70% less plastic.Instead of the traditional tray or top wrap pack, shoppers will now see two lines of mince in the new packaging. ...
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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 ...
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NewsSainsbury's discounts meat and poultry products
UK supermarket Sainsbury's has introduced meat and poultry products across its Nectar Prices scheme, bringing the total number of products on offer to around 3,500.Around 3,500 products are now included in Nectar Prices, with all offers available in store and online.For the first time, Nectar customers can make savings on ...
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