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The top news stories of the week

Friday 13 January 2017 - Posted by Elias Jahshan

The top 5 most popular stories on #1 Tesco to axe 1000 jobs Ttesco has announced plans to axe 1000 jobs as the grocer embarks on a major overhaul of its distribution network. The UK’s largest supermarket will close two of its distribution centres in Welham ...


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 ...


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...


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...


Sainsbury's sales trudge along despite bumper Christmas

Wednesday 11 January 2017 - Posted by Ben Stevens

Sainsbury’s has released its Christmas quarter results, revealing minimal sales gains. In the 15 weeks to January 7, the retailer's like-for-like were all but flat with a 0.1 per cent rise, and a total sales rise of just 0.8 per cent. Despite disappointing overall results for ...


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...


Morrisons reports best sales in 7 years

Tuesday 10 January 2017 - Posted by Ben Stevens

Morrisons has posted its best performance in over seven years as its Christmas trading update reveals a 2.9 per cent boost in like-for-like sales. As a result, the grocer has raised its profit outlook, boosting its pre-tax profit to between £330 million and £340 million, up ne...


M&S expected to see first growth in 6 years

Monday 09 January 2017 - Posted by Ben Stevens

Marks & Spencer is predicted by City analysts to post a rise in clothing sales for the first time in six years amid a pessimistic landscape. Scheduled to release its Christmas figures on Thursday alongside seven other big name retailers, M&S is expected to report a 0.2 per cen...


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...


Morrisons kicks off 2017 price war with reductions across 800 items

Tuesday 03 January 2017 - Posted by Elias Jahshan

Morrisons has wasted no time since 2017 began by kicking off the latest phase of the supermarket price war with 800 items having their prices slashed. Morrisons is the first of the Big 4 to cut prices, with other retailers expected to follow, in an attempt to attract customers...