Convenience stores sector hits £47bn in revenue
Research has revealed that the UK convenience store market has increased by almost 4.1% in size in 2022, generating revenues of £47bn.
Research has revealed that the UK convenience store market has increased by almost 4.1% in size in 2022, generating revenues of £47bn.
For the 28 weeks ended 17th September 2022, Sainsbury’s saw its grocery sales rise by 0.2%, with strong growth recorded in the second quarter of 3.8%. Its retail operating profit, however, was down 9%.
Heinz has stopped supplying Tesco with some of its products in a dispute over pricing. Ketchup, baked beans and tomato soup are among the various products reported to be missing from shelves in certain Tesco stores.
Supermarket chain Aldi claims to have invested an additional £1.6 billion with homegrown food suppliers since the coronavirus pandemic began.
Pre-Christmas strikes will take place at another nine Tesco distribution centres following two ballots of Usdaw union members.
Morrisons has announced that its new investment in a Scottish recycling plant will help the company meet its goal of recycling and reusing the equivalent amount of plastic it puts on to the market.