Co-op has seen underlying pre-tax profits divebomb by nearly a 50 per cent in its first half as it diverted funds to its members reward scheme.
Shoppers visiting Aldi or Lidl in the last quarter has grown to almost a third compared to the same period last year, new grocery market share figures show.
Ocado's sales continued to rise in the third quarter, with the online grocer recording a 14.3 per cent jump in total revenue.
The parent company of Sainsbury's and Argos has appointed Jo Harlow to the board as a non-executive director, with immediate effect.
One of the UK's biggest wholesalers has warned that the proposed Tesco-Booker merger could make rival wholesaler Palmer & Harvery go bust.
Morrisons has solidified its revival efforts posting growth in revenue and profits for the “first time in the turnaround”.
Tesco has deducted millions of pounds in administration fees from funds raised from the plastic bag tax, an initiative that the government stated should go towards charitable causes.
The price of the average basket of grocery items continued its upwards trajectory in August, according to a monthly tracker.
Asda has culled almost 300 jobs at its head office as part of a major turnaround plan.
Asda allegedly used "aggressive tactics" to demand suppliers to pay significant sums of money or face being de-listed, a new report has revealed.