Sainsbury’s and Asda merger blocked

Sainsbury’s and Asda merger blocked

The proposed merger between Sainsbury’s and Asda has been blocked outright by the Competitions and Markets Authority (CMA). The CMA’s judgement concludes the deal would be bad news for consumers. Stuart McIntosh, chair of the inquiry group, said: “It’s our...
Easter Egg-spectations for this weekend

Easter Egg-spectations for this weekend

According to Kantar UK Insights consumers have, despite the late Easter, already purchased £146 million of Easter eggs and 42% of households have bought hot cross buns. Easter is the longest bank holiday weekend and a key event for retailers with eggs starting to go...
Aldi extends food donation scheme

Aldi extends food donation scheme

Following a successful trial, Aldi will donate surplus food directly to charities across the UK through a partnership with the community engagement platform, Neighbourly. The recent trial saw 24 of the supermarket’s stores paired with local good causes that have been...
Online grocery shopping to reach £13.6 billion

Online grocery shopping to reach £13.6 billion

Consumers are continuing to shop online, with sales of groceries in the UK hitting £12.3 billion last year, and expected to reach £13.6 billion this year, according to the latest research from Mintel. The organisation reports that the online grocery sector is still...
Tesco launches new ‘Meat & Veg’ range

Big rise in profits at Tesco

Supermarket giant Tesco has reported a 28.8% rise in annual pre-tax profits, with chief executive Dave Lewis explaining he is “delighted with the broad-based improvements”. Revenue grew 11.2% to £63.9 billion, and like-for-like sales rose 2.9%. including 1.7% at Tesco...