Aldi to invest £1.6bn in new stores
Discounter Aldi has committed £1.6 billion to accelerate its store expansion plan over the next two years as it plans to open 21 new stores in the coming 13 weeks.
Waitrose H1 sales surpass £4bn while profits fall
The John Lewis Partnership, which owns Waitrose, has reported its interim results for the 26 weeks ended 26th July, finding that the retailer’s sales increased to £4.1 billion.
Shopper confidence falls for third consecutive month
According to figures from the British Retail Consortium, food sales were up 4.7% on the year in August, while shopper confidence remains low.
ONS finds food value sales up 1.3% in July
Food store volume sales dropped 0.2% during the month of July, the Office for National Statistics has found.
Asda Q2 results show best quarterly performance since Q1 2024
Total revenue is down by 0.2% year-on-year, but the supermarket reported that investment in lower prices has strengthened like-for-like sales during the quarter.
Lidl invests £435m in warehouses to expand its reach
UK retailer Lidl has started construction on a new warehouse in Leeds, which it said would create 400 new roles.
