The latest grocery market share figures from Kantar for the period ending 5th September 2021 show like-for-like grocery prices rose by 1.3% in the past four weeks compared to last year.
The supermarket chain has introduced a way for its customers to shop that allows them to buy a wide range of food, drink, household and beauty products in “reusable and durable packaging.”
Ian Wright, CEO of the Food and Drink Federation, has said the days of limitless food choice in supermarkets or restaurants are “over”.
The supermarket chain said that they were expecting “some industry-wide retail price inflation” during the second half of the year, driven by factors including the current shortage of HGV drivers.
The supermarket chain has announced it is engaging with both suitors and the takeover regulator to resolve “this competitive situation.”
The supermarket chain’s board has backed a new £7 billion offer from US private equity firm Clayton Dubilier & Rice, after turning down the company’s original £5.5 billion bid in June.
