Grocery price inflation hits record 14.7%
Take-home grocery sales rose by 5.2% in the 12 weeks to 30th October 2022, the fastest rate of market growth since April 2021.
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.
Sainsbury’s interim results reveal 0.2% rise in grocery sales but operating profit down
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 products absent from Tesco shelves following pricing row
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.
Aldi spends extra £1.6bn with British suppliers during pandemic
Supermarket chain Aldi claims to have invested an additional £1.6 billion with homegrown food suppliers since the coronavirus pandemic began.
Tesco workers to take industrial action at nine further sites
Pre-Christmas strikes will take place at another nine Tesco distribution centres following two ballots of Usdaw union members.