United Kingdom news

28 November 2022
Nathan Ansell has been appointed as the new customer director for Waitrose, to replace Martin George.  Former M&S Marketing Director Ansell will join Waitrose in January 2023 having previously worked at Marks & Spencer as marketing director. Ansell spent more than nine years at M&S, joining as head of brand in 2011, before rising to marketing director for clothing and home in 2018. Prior to...
28 November 2022
In response to customer demand for help during the cost-of-living crisis, Waitrose has rolled out its new ‘ways to spend less’ campaign.  Communicated both in-store and online The campaign is designed to make it as easy as possible for shoppers to spot opportunities to save money across the store and also online.  A green and yellow ‘Waitrose ways to spend less’ logo is now being used to hi...
25 November 2022
Wilko is reportedly in discussions with alternative lenders to secure a £30 million cash injection as it looks to navigate cost pressures in the buildup to Christmas. Wilko’s short-term financing plans According to the Sunday Times, Wilko is in talks with alternative lenders for an emergency loan of £30m as it deals with the cost-of-living crisis, rise in inflation and supply chain disru...
23 November 2022
Latest accounts filed with Companies House for Tesco convenience subsidiary One Stop, shows that sales from its company-owned stores fell by 4.4% in the year to 26 February 2022 to £965m. The decline owes much to the very tough comparison made by the pandemic-boosted sales in the previous year (up 15.5%), but was also exacerbated by the loss of six stores (695 in 2022 versus 701 in 2021). Neverth...
17 November 2022
The sixth larger grocery retailer in the UK has reported a 1.5% YoY increase in turnover in the 2021/22 financial year. Positive sales growth expected to continue Lidl GB achieved a turnover of £7.8 bn in the financial year ending 28 th February 2022, a 1.5% increase on the previous year. The efficient retailer also saw profits before tax significantly increase, achieving £41.1m compared t...
17 November 2022
From January 2023 Waitrose will range a selection of Planet Organic own brand products across 50 of its stores and on Waitrose.com. The range of health and wellness products will be carefully curated by Planet Organic, to meet the needs of Waitrose customers. Importance of ethics and quality Waitrose and Planet Organic share similar values, with both retailers focused on sustainability, eth...
14 November 2022
Morrisons has opened up its Safeway private label range to the independent retail sector, around 30 items now available through wholesaler Eden Farm. The assortment includes eggs, dairy, deli, cheese, meat, pizza and desserts. The wholesaler has noted that “New to Eden Farm, Safeway brings a range of fresh products renowned for quality. With our expertise in shopkeeping we have created a range of...
14 November 2022
Asda has updated investors on its Q3 trading performance, noting its investments to drive value during the quarter resulted in a 4.7% increase in like-for-like sales, when compared to the same period last year. Total revenues, excluding fuel, amounted to £5.2 bn. Asda's cost-of-living-focused initiatives Asda’s endeavours to address the cost-of-living crisis included rolling out 141 new eco...
11 November 2022
B&M reported positive performance in the first half of its financial year 2023. Its positive results were driven by shoppers trading down because of the cost-of-living crisis. As it enters the second half of its financial year, B&M said it had seen strong sales in the first six weeks of the golden quarter. B&M Group: Q2 drives positive performance B&M’s group revenues increased by 1.8% t...
09 November 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 30 October 2022 total till roll consumer spend in Great Britain rose by 5.2%, up from 4.8% in the previous reporting period. Inflation continued to drive value growth, with volume sales contracting. Inflation hits new high for Kantar Inflation continued to rise, reaching 14....