Iceland Foods responds to minimum wage breach claims

Iceland Foods responds to minimum wage breach claims

Retailer Iceland Foods has responded to claims from HM Revenue and Customs (HMRC) that it breached national minimum wage rules by operating of a Christmas saving scheme for employees. The voluntary scheme allowed employees to have sums deducted from their wages which...
Marks and Spencer reports ‘steady performance’

Marks and Spencer reports ‘steady performance’

Mark and Spencer Group Plc (M&S) saw a “steady performance in difficult markets” in its trading statement for the 13 weeks to 29th December 2018. In food, the retailer saw like-for-like revenue decrease 2.1%. Six months ago M&S started on a journey to...
Tesco sees 12th consecutive quarter of growth

Tesco sees 12th consecutive quarter of growth

In the Tesco UK business, its third quarter like-for-like sales increased by 0.7%, representing its 12th consecutive quarter of growth. Over the six weeks to 5th January 2019, like-for-like sales in both the UK & ROI businesses, including Booker, grew by 1.9% in...
Strong festive sales for most supermarkets

Strong festive sales for most supermarkets

The major supermarkets as a group posted record sales of £29.3 billion over the Christmas trading period, though lower inflation also took its toll. The latest grocery market share figures from Kantar Worldpanel, published for the 12 weeks to 30th December 2018, show...
Aldi sees record Christmas sales

Aldi sees record Christmas sales

In the week commencing 17th December, Aldi enjoyed its best-ever Christmas trading in the UK with sales of almost £1bn for the month as a whole. The supermarket welcomed an influx of festive shoppers from more expensive food retailers throughout December. The week...
Ocado sees double digit growth in orders

Ocado sees double digit growth in orders

Ocado Group Plc has announced its trading statement for the 13 weeks to 2nd December 2018, in which it saw double digit growth in average orders per week. The online supermarket also saw consistent strong growth in revenue of 12.0%, and the new facilities at Andover...