Tesco results show positive growth

Tesco results show positive growth

The latest preliminary results from Tesco show positive sales and profit growth as well as strong cash generation. Group sales are up 2.3% to £51.0bn, while UK like-for-like sales are up 2.2% with consistent strength in fresh food (0.4%). Group operating profit before...
Aunt Bessie’s product recalled from Lidl stores

Aunt Bessie’s product recalled from Lidl stores

Food brand Aunt Bessie’s has recalled one of its products, being sold at discounter store Lidl, because of undeclared egg. The product in question is the Aunt Bessie’s Croquettes, which are described as small potato balls. Aunt Bessie’s is recalling Aunt Bessie’s...
Grocery sales increase during cold weather

Grocery sales increase during cold weather

Grocery sales have increased in value by 2.5% compared to this time last year despite adverse weather conditions, according to the latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 25th March 2018. Fraser McKevitt, head of retail and...
Waitrose profits slip despite increase in sales

Waitrose profits slip despite increase in sales

Profits at Waitrose took a 32.1% hit, as the retailer decided not to pass on all cost price inflation to customers, along with investments in “customer experience” for the half year ended 29th July. John Lewis Partnership, which Waitrose is part of, revealed that the...
Soup and bacon sales boosted by ‘Beast from the East’

Soup and bacon sales boosted by ‘Beast from the East’

UK shoppers spent £15 million on soup during recent bad weather, according to IRI supermarket sales data. Sales of bacon and bird feed also offered supermarkets a boost. During the week ending 3rd March 2018, consumers spent £15.4 million on soup in supermarkets – the...