All Supermarkets articles – Page 4
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NewsTesco reports 2023/24 profit of £2.3bn
UK retailer Tesco has announced its preliminary results for 2023/24, reporting a profit of nearly £2.3 billion before tax.Tesco reported "strong sales" as inflation fell throughout the year.The supermarket said it had "strong sales performance across the Group", with retail like-for-like (LFL) sales up 6.8%. Its statutory revenue for the ...
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NewsMorrisons unveils new £1.4m innovation centre to improve meat products
UK retailer Morrisons has unveiled a new innovation centre, which it says will improve production of bacon, sausages and cooked meats as part of an investment programme.The Greenside Innovation Centre in Bradford.The new Greenside Innovation Centre, costing £1.4 million, was officially opened by the leader of Bradford Council, councillor Susan ...
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NewsKantar crowns Ocado as fastest growing retailer in March
According to the latest supermarket share update from Kantar, retail sales of Easter food products increased by £88 million in the first three months of the year compared with the same period in 2023.According to Kantar, Ocado's voucher campaign helped the online retailer attract more consumers, making it the fastest ...
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NewsBrowns Food Group and Aldi to promote Specially Selected Pork
Scottish meat and poultry manufacturer Browns Food Group has revealed it is "reinforcing its commitment to Specially Selected Pork" as it celebrates over 10 years of partnership with Aldi Scotland.An NFU Scotland survey revealed that Aldi stocked the most Scottish produce out of a number of supermarkets.The two businesses have ...
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NewsInterest in meat-free products "waning", says AHDB
The Agriculture and Horticulture Development Board (AHDB) has revealed that in January 2024, meat-free products experienced less demand compared to last year.AHDB said that the interest in meat-free products was "waning".The trade body said that in January 2023, it saw "poor performance" for both meat-free and dairy-free products compared to ...
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NewsAHDB designs "optimum" red meat packaging using data from research
The Agriculture and Horticulture Development Board (AHDB) has looked at how producers and retailers can optimise packaging and labelling to "improve shopper purchase intent" for red meat.AHDB produced examples of optimised red meat packaging using the findings from its research.The research, which was undertaken by AHDB in collaboration with consumer ...
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NewsKent farmers demand Government prioritise British produce
Kent farmers have protested foreign imports of food in supermarkets, leading a "go-slow" protest through Canterbury.As part of the protest, tractors held up traffic around the city of Canterbury.The farmers led a convoy of farming vehicles through Canterbury city centre on Sunday 3rd March 2024, displaying signs reading "No Farmers, ...
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NewsValentine's Day steak sales up 12% on the year, says Kantar
According to the latest supermarket share update from Kantar, Valentine's Day sales of steak "shot up" by 12% compared to the previous year.The latest Kantar data showed that sales of steak were up by 12% on the year in the seven days before Valentine's Day.The data showed that grocery price ...
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NewsGovernment "must reduce regulatory burdens" as inflation falls - FDF
The Food and Drink Federation (FDF) has responded to the latest Office for National Statistics (ONS) figures on food price inflation in January 2024.ONS reported that food inflation had fallen for 10 consecutive months.The latest ONS figures show that the consumer prices index (CPI) remained unchanged at 4% in January, ...
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NewsSteak a "standout option" this Valentine's Day based on consumer trends
According to the Agriculture and Horticulture Development Board (AHDB), Valentine’s Day dinner classics such as beef steaks are predicted to perform well this year.AHDB suggested that shoppers may choose cheaper steaks if they are "looking to indulge" on a budget.Looking at 2023 sales, AHDB analysts formed their 2024 predictions for ...
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NewsAldi offers the most Scottish meat products - Shelfwatch
The Scotland supermarket Shelfwatch survey carried out by independent researchers on behalf of National Farmers' Union (NFU) Scotland has concluded, finding that discounter Aldi offered the largest proportion of Scottish produce overall.The survey found that Aldi had the largest percentage of Scottish produce overall.A total of 71 stores across Scotland ...
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NewsMorrisons reports "steady progress" as trading results show sales increase
UK supermarket Morrisons has released its trading update for Q4 and the full year 2022/23, reporting total revenue of £14.9 billion.Morrisons reported "strong progress" throughout the year on price competitiveness.The retailer said that the full year total revenue excluding fuel was up 2.7%, with like-for-like (LFL) sales up 1.8%. Its ...
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NewsGrocery inflation continues to fall as plant-based sales drop
Kantar has released the latest data regarding the grocery market and consumer spending habits, revealing that grocery price inflation fell in January while own-brand plant-based sales dropped.The overall trend in offers was up on the year, as McKevitt said retailers "pulled the price lever especially hard in December" to attract ...
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NewsShelfwatch surveys to identify Scottish produce availability in supermarkets
Supermarket stores across Scotland will be visited by an independent research firm on behalf of the National Farmers' Union (NFU) Scotland, which aims to "shine a light" on how and where Scottish produce is being made available to buy.Martin Kennedy, president of NFU Scotland.The Union has announced that an independent ...
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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 ...
