Tesco achieves continued market share gains in Q1 results
According to Tesco’s newly published Q1 trading statement, food sales at the supermarket were up by 5.9% over the 13 weeks ended 24th May 2025.
Asda Q1 2025 revenue down 5.9% on the year
UK supermarket Asda has updated its trading performance for the first quarter ending 31st March 2025, revealing a decline in like-for-like sales.
Shopping baskets shrink as consumers spend less on groceries
NielsenIQ has released its Total Till data for the four weeks ending 17th May 2025, finding that sales growth had decreased to 3% from the previous month’s 9.6%.
Grocery inflation rises to 4.1%
According to market research firm Kantar’s supermarket share update, grocery inflation was at its highest rate in over a year.
Tesco UK chief executive to depart from role
Tesco has announced that its UK CEO, Matthew Barnes, has stepped down from his role to pursue other opportunities.
M&S food sales reach £9bn in 2025
UK retailer Marks & Spencer has reported its full year results for the 52 weeks ended 29th March 2025, with its pre-tax profit up 22.2% on the year.
