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Asda voted UK's cheapest supermarket 2016

Friday 13 January 2017 - Posted by Ben Stevens

Which? has named Asda the cheapest UK supermarket among the major grocers of 2016. Research from the consumer group found that a basket of 80 popular branded items costs an average of £154.14, £6 cheaper than its nearest rival Morrisons. Waitrose was the most expensive on the ...

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Your definitive guide to the Christmas updates

Thursday 12 January 2017 - Posted by Ben Stevens

Retailers have enjoyed a better-than-expected Christmas trading season as a flurry of updates this week and last week confirmed that shoppers were happy to spend money during the festive season. Figures from some of the UK's biggest retailers showed the sector enjoyed impressi...

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Lidl records best ever festive trading period

Wednesday 11 January 2017 - Posted by Elias Jahshan

Lidl achieved record sales over the Christmas period thanks to customers shelling out on lobster purchases. The German grocery chain said sales went up by 10 per cent in December, making it the retailer’s best Christmas trading period – although not as good as its closest riva...

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Discounters sieze market share from Big 4 over Christmas

Tuesday 10 January 2017 - Posted by Ben Stevens

Three of the Big 4 grocers lost out on market share over the last Christmas period, as the discounters continue to challenge their dominance. New results from Kantar Wordpanel have revealed that Asda continued its decline with a 4.7 loss of market share in the 12 weeks to Dece...

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Aldi rakes in record sales over Christmas

Monday 09 January 2017 - Posted by Elias Jahshan

Aldi posted record sales over the Christmas period buoyed by shoppers taking advantage of discount luxury products and fruit and vegetables. The German supermarket chain said its total UK sales were more than 15 per cent higher during December compared to the same trading peri...

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The top stories dominating the first week of 2017

Friday 06 January 2017 - Posted by Elias Jahshan

#1 John Lewis the latest to fall victim to post-Christmas slump John Lewis recorded a 36 surge in sales in the week before Christmas, but then had a 9.4 per cent slump in the final week of 2016 as the timing of bank holidays impacted on trading. The department store chain rake...

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Aldi's new minimum pay rate now the highest in grocery sector

Thursday 05 January 2017 - Posted by Elias Jahshan

Aldi has announced it will increase its minimum pay rate for store staff across the UK to £8.53 an hour from February 1. With staff in London set to get £9.75 per hour, the new rate will make Aldi’s 3356 staff the highest-paid in the supermarket sector. The new pay rate exceed...

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Amazon named the most valuable retailer

Wednesday 21 December 2016 - Posted by Elias Jahshan

A leading global market research agency has named Amazon as the world’s most valuable retail brand, with an estimated value of $98.98 billion USD. The BrandZ Top 25 Most Valuable Global Retail Brands report, put together by Kantar Millward Brown, said the online retail behemot...

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Supermarket sales in November worst for 4 months

Tuesday 13 December 2016 - Posted by Ben Stevens

Black Friday had a negative effect on grocery revenue and sales volumes last month as shoppers favoured non-food purchases, seeing the first drop in both since July. New figures from Neilsen have revealed that in the four weeks to December 3 supermarket sales volumes dipped by...

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Aldi confirms China expansion

Friday 25 November 2016 - Posted by Elias Jahshan

Discount grocery retailer Aldi has confirmed plans to enter the Chinese market as soon as next year. The confirmation in local Chinese media comes as the German company, which has over 620 stores in the UK and Ireland, underwent years of studies to see if the expansion would b...