All Grocery articles – Page 22
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AnalysisExclusive survey: 75% of consumers believe supermarkets profiteering
Despite the protestations of the big supermarkets about falling profits and investment in price, our new consumer survey shows that shoppers feel grocers are profiteering during this ongoing period of high inflation
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NewsM&S launches members’ prices for Sparks loyalty scheme
Marks & Spencer has become the latest retailer to offer lower prices to members of its loyalty scheme.
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Opinion‘As grocers come under fire for profiteering, they should speak up on behalf of hard-pressed consumers’
As big grocers continue to come under fire over ‘profiteering’ concerns, they clearly still have work to do to convince policymakers and the public that providing great value for money is absolutely front of mind.
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NewsB&M boosts first-quarter sales as shoppers seek value
B&M has grown revenue by 13.5% in the 13 weeks to 24 June, 2023, as shoppers search out value during the cost-of-living crisis.
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NewsJohn Lewis scores retail first as net-zero targets win official endorsement
John Lewis Partnership has become the first British retailer to gain validation for its net zero objectives from official body the Science Based Targets Initiative.
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NewsOcado slashes prices on more than 100 grocery products
Pureplay grocer Ocado has cut the prices on over 100 everyday essential items by up to 25% across a range of own-brand and Marks & Spencer items.
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AnalysisHow did supermarket bosses fare in the glare of Westminster spotlight?
In a public forum designed to intimidate and pressurise, the traditional big four supermarkets more than held their own, but the spectre of further scrutiny looms
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NewsExclusive: Customers believe supermarkets are more guilty of profiteering than banks
Shoppers believe supermarkets are more guilty of “profiteering” during the cost-of-living crisis than banks, according to new research.
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NewsOcado appoints non-executive director amid takeover speculation
Ocado has named Rachel Osborne as its new independent non-executive director as takeover speculation continues.
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NewsGrocery bosses to point to dwindling profits ahead of grilling by MPs
The traditional big four grocers are preparing to point to dwindling profits as a result of increased costs to head off accusations of profiteering at tomorrow’s crunch price summit.
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NewsHotel Chocolat warns on profits as inflationary pressures bite
Specialist retailer Hotel Chocolat has issued its second profit warning of the year, blaming ongoing inflationary pressures and softening consumer sentiment.
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NewsPoundland to extend grocery offer to more stores
Poundland is expanding its grocery offering to an additional 24 stores across the UK.
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NewsMorrisons sales increase as it continues to cut costs
Morrisons has reported a continued increase in sales as it makes progress with its “plans to develop a broader, stronger Morrisons”.
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NewsSainsbury’s extends Nectar Prices to fresh fruit and vegetables
Grocery giant Sainsbury’s has expanded its Nectar Prices offer to include some products across its fresh fruit and vegetable ranges.
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NewsGrocery inflation hits ‘lowest level this year’ but still at 16.5%
Grocery price inflation has fallen to its lowest level this year, but is still at the sixth-highest monthly figure recorded since 2008.
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NewsJohn Lewis writes down value of head office as hybrid working persists
Department store chain John Lewis has written down the value of its head office, due to the persistence of working from home and commercial property values.
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NewsHotel Chocolat to open five new retail park stores by Christmas
Hotel Chocolat is going all in on its new out-of-town format, with plans to open a further five new stores in retail parks before Christmas.
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NewsMarks & Spencer invests in lower prices on 200 products in summer value push
Marks & Spencer has unveiled a new round of price investment as it seeks to “deliver trusted value” to customers.
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NewsMorrisons unveils new round of summer price cuts
Morrisons has cut the prices of almost 50 popular products by an average of 25% as it seeks to bolster its appeal to hard-pressed shoppers.
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NewsTesco delivers robust sales as focus on value and quality pays off
In the 13 weeks to May 27, 2023, Tesco delivered strong results across all formats driven by a “relentless focus on value.”