Tesco PLC and J Sainsbury PLC are benefiting from a marked deceleration in store expansion by discount rivals Aldi and Lidl, according to recent analysis from UBS. The investment bank
Tesco PLC and J Sainsbury PLC are benefiting from a marked deceleration in store expansion by discount rivals Aldi and Lidl, according to recent analysis from UBS. The investment bank
The latest industry report shows Lidl is on the brink of overtaking Morrisons to become the UK’s fifth-largest supermarket, after posting sales growth well ahead of its rivals this summer
In the four weeks to May 18, 2025, Asda saw its sales fall by 3.2%, marking it as the only major UK supermarket to record a decline during the period.
Aldi has declared its “best Christmas ever” after Britain’s fourth-largest grocery retailer reported sales exceeding £1.6 billion in the four weeks leading up to Christmas Eve. This achievement was partly
In January, food price inflation in the UK dipped marginally to 6.8%, a slight decrease from December 2023’s 6.9%, as reported by Kantar. This reduction is modest compared to the
Aldi has revealed updated pay scales, positioning itself as the first UK supermarket to ensure a minimum wage of at least £12 per hour for all its store and warehouse
New data reveals that food price inflation has dropped to single-digit levels for the first time since July 2022. Over the four weeks leading up to October 29, prices at
Asda has emerged as the pioneering supermarket to disclose its local fuel prices online, following indications from regulators that companies were amplifying their profit margins at the pump, a practice
Tesco PLC has announced an encouraging onset of inflation relaxation, accompanying an 8.2% increase in group comparable sales for the first quarter, driven by a robust performance in the UK.
Tesco, the largest supermarket chain in the UK, is under scrutiny by the Competition & Markets Authority following allegations of possible law violations tied to the lack of clarity in
While analysts and investors were pleased with Tesco PLC’s (LSE: TSCO) latest results, outside the City of London, the reaction was less positive.
Tesco, Aldi, Asda, and Morrisons are all expected to experience shortages for several weeks due to the rationing.