German discount supermarket chain Lidl has overtaken Waitrose as the UK’s seventh-largest grocer.
If Walmart is, as has been reported, lining up a bid for discount chain B&M, it would at least signal that it had a clear strategy for Asda, despite the challenges that such a merger would represent.
When it comes to shopping British people are not so fussed where things come from, except it seems for food.
Tesco, the UK’s biggest supermarket announced plans to launch a same-day delivery service across the country on Monday.
Having already disrupted food retail, discount players are increasingly impinging on the grocers’ share of non-food retail sectors, with homewares becoming the next battle ground.
As supermarkets battle with suppliers over increased costs following the devaluation of the pound, it is apparent that they don’t have a lot of room to swallow those increases themselves.
Discount players such as B&M and Home Bargains have rapidly expanded in recent years.
The e-commerce grocery market is climbing thanks mostly to price inflation.
Tesco has been ordered to pay £129m in fines after it overstated its profits in 2014.
Charging suppliers for customer complaints and bullying them into buying charity tables; supermarkets have been throwing their weight around.
German-owned retailer Aldi is now Britain’s fifth largest supermarket, according to industry data released today by research firm Kantar Worldpanel.
Sir Ken Morrison died today aged 85, the Yorkshireman who took his father’s small Bradford-based grocery chain with an annual turnover of £50,000 and turned it into the UK’s fourth biggest supermarket worth £13bn (£16.4bn).