Supermarkets announce commitments to price cuts
UK supermarkets have committed to lowering their prices, as Sainsbury’s, Waitrose and Aldi have all announced investments into price cuts for 2024.
Morrisons reports strongest quarterly growth in three years
UK retailer Morrisons has published its Q1 trading update, reporting its strongest quarterly like-for-like sales growth for three years.
Waitrose gains customers but results suggest future workforce cuts
John Lewis has published its results for the 52 weeks ended 27th January 2024, reporting that it has returned to profit after experiencing losses in 2022/23.
Canterbury farmers call for supermarkets to supply British produce
Farmers in Canterbury took to the streets on Sunday 3rd March to protest against foreign imports of food.
Sainsbury’s changes bakeries to new model to save on costs
Sainsbury’s has announced that it will introduce a “more efficient way” of freshly baking products in-store, while reducing 1,500 jobs.
Lidl the “only retailer to achieve double-digit growth”, says Kantar
Market research firm Kantar has found that Lidl’s sales grew by 10.9% over the 12 weeks to February 2024, as grocery price inflation fell to 5.3%.