Supermarkets to be investigated by CMA
The CMA is to step up its work in the grocery sector to spot if failure in competition is contributing to grocery prices being too high.
“Year ahead will remain challenging,” warns boss of Sainsbury’s
Sainsbury’s annual results showed positives for the retailer, though its CEO warned that the year ahead will come with challenges.
Food inflation “to come down in coming months”, says BRC
The British Retail Consortium said that food prices should start to decrease over the next few months, citing a cut to wholesale prices amongst influencing factors.
Ocado to close its oldest distribution centre
Ocado is to close its oldest distribution warehouse in Hatfield, which will put 2,300 jobs at risk.
Grocery price inflation dips but too soon to call the peak, says Kantar
Grocery price inflation rose by 17.3% in the four weeks to 16th April 2023, down marginally on the 17.5% recorded in the previous four weeks.
Former Asda CEO leads consortium in takeover of online meat retailer, Farmison
The online meat retailer, Farmison & Co has been acquired by Yorkshire consortium led by retailer Andy Clarke, former CEO of Asda.
