All articles by Hugh Radojev – Page 40
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AnalysisWhat the grocers’ bumper Christmas hauls mean for retail in 2024
With their stockings overflowing with surging profits and sales, and the wrapping ripped off at least one profit upgrade, it seems that Father Christmas was generous with his gifts to the grocers over the festive period.
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NewsSainsbury’s boss working with government on Red Sea shipping
Sainsbury’s chief executive Simon Roberts is in direct contact with the government to mitigate any knock-on effects of the supply chain issues in the Red Sea and Suez Canal.
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NewsProCook wary of Red Sea impact as Christmas trading breaks even
While ProCook said Christmas trading was in line with expectations, it remains wary of the macroeconomic environment and the impact of ongoing geopolitical supply chain issues.
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NewsMajestic raises glass to ‘best-ever Christmas’
The UK’s largest specialist wine retailer, Majestic, has toasted its “best-ever Christmas” performance, with sales jumping by 8.1% over the period.
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NewsTesco launches first double Clubcard points event in a decade
Tesco has launched its first double Clubcard points drive in over a decade.
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AnalysisBoycotts and outcries: can retailers really get cancelled?
Brands and retailers being held accountable for their actions by customers is nothing new, but is cancel culture a real threat for retailers and can it lead to brand oblivion?
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NewsRetailers fear spring price rises and shortages due to Red Sea attacks
Non-food retailers and suppliers are preparing for possible price rises and even product shortages in the spring, as the unrest in the Red Sea continues.
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NewsAsda launches Aldi and Lidl price match in UK supermarket first
Asda has become the first UK supermarket to match both Aldi and Lidl on price across what it called a “broad range of popular everyday products”.
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NewsSainsbury’s unveils fresh £200m investment in staff pay
Supermarket giant Sainsbury’s has today announced a further £200m investment in staff pay, bringing hourly wages across the UK to £12 an hour and £13.15 in London.
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NewsOcado slashes prices on a further 1,700 products
Ocado has added 1,700 products to its Big Price Drop today, its fifth round of price cuts since June 2023.
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NewsCo-op appoints former Ocado Solutions boss to board
C-store specialist the Co-op has further bolstered its board with the appointment of former Ocado Solutions boss Luke Jensen.
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NewsSupermarkets enjoy busiest Christmas since 2019
UK supermarkets experienced their busiest Christmas trading period since 2019, as a record £13.7bn of sales went through the tills.
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NewsAsda poaches first ever chief digital officer from Morrisons
Supermarket giant Asda has hired its first chief digital officer Matt Kelleher from rival Morrisons.
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NewsMorrisons invests £15m in January price cuts
Morrisons has invested £15m into cutting the prices of over 200 popular products to help customers “through the January squeeze”.
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NewsEntertainer CEO and Mary Portas top retail names in new year honours
Entertainer CEO and former John Lewis director Andrew Murphy and retail expert Mary Portas are among the industry names recognised in the new year honours list.
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NewsLidl reports record-breaking Christmas
Lidl has reported a record-breaking Christmas trading period, as sales of its Deluxe own-brand products flew off the shelves.
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NewsAldi to slash prices further after ‘best ever’ Christmas sales
Aldi has vowed to slash prices further in 2024, after reporting a record Christmas trading period.
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AnalysisThe stories that rocked retail in 2023
2023 was frequently a tough year for retail. From the ongoing cost-of-living crisis to the travail of the pureplays and the collapse – and rebirth – of a much beloved high street institution, here are the stories that shook the industry
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NewsProCook shows strong golden quarter trading
ProCook losses have improved, but the retailer is still in the red despite outperforming the market over Black Friday and the early part of Christmas trading.
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NewsInditex profits and sales rocket
Spanish fashion giant Inditex has reported soaring profits and sales and hailed the response of customers to its autumn and winter collections.