Aldi secures its position as the most affordable supermarket for fifteen consecutive months, highlighting the ongoing price competition among UK grocers.In August, a basket at Aldi cost £65.21, outperforming other supermarkets in terms of pricing.Aldi’s pricing strategy positions them £8 cheaper than Tesco, and £14.30 cheaper than Waitrose.Lidl closely follows Aldi, with only a £1.32 difference in average basket cost.Aldi maintains competitive prices, especially during back-to-school season aiming to assist families financially.Aldi has once again been recognised as the UK’s most affordable supermarket, maintaining this title for fifteen consecutive months. The consumer watchdog, Which?, highlights that in August, Aldi’s shopping…
Author: Dave Antrobus
Sainsbury’s is taking a bold step to aid the dairy farming sector, investing £6 million for future sustainability.Amidst a challenging landscape, nearly 5% of dairy farmers exited the industry last year, with predictions of more departures by 2025.A comprehensive year-long review led to this investment, focusing on farmer payments for milk production.The majority of the funds, £4.3 million, is allocated to providing an extra 1p per litre above the current price model.An additional £1.7 million is designated for sustainability bonuses, encouraging carbon reduction and efficient farming practices.Sainsbury’s has announced a strategic investment of £6 million aimed at enhancing the sustainability…
Lidl has unveiled its largest global warehouse in Luton, marking a significant milestone for the company in Great Britain.The £300m investment will create 1,500 new jobs in the local community.The warehouse spans 1.2 million square feet, serving over 150 stores.This facility is Lidl GB’s first to feature automation.Sustainability was a core focus, with solar panels and a bio-gas-fuelled fleet.Lidl has made a strategic move by inaugurating its largest global warehouse in the Houghton Regis area of Luton. This newly opened regional distribution centre represents a substantial £300 million investment and is poised to generate up to 1,500 jobs for the…
Marks and Spencer has committed to price-locking 140 popular food items, maintaining affordability amid economic pressures.Key price reductions include essential goods like cheese, butter, and a variety of staple produce items.M&S’s strategic move supports British farmers while ensuring quality, with significant emphasis on animal welfare and sustainable practices.The retailer anticipates profit growth following a strong performance with food sales increasing by over 11%.This initiative is part of M&S’s continuous effort to offer value to customers without compromising on product standards.Marks and Spencer has announced a strategic move to lock prices on 140 popular food items, ensuring affordability for consumers while…
Morrisons has significantly reduced prices on 170 essential items, enhancing its competitive edge in the supermarket sector.This marks the eighth series of reductions this year, reflecting a continued effort to provide value amid rising living costs.Discounts are available both online and in physical stores, targeting everyday products like breakfast cereals and lunchbox items.Exclusive offers for More Card holders have been expanded to Morrisons petrol stations, with significant savings on confectionery as festive seasons approach.The initiative supports customer savings aspirations, particularly ahead of Christmas, as emphasised by Morrisons’ marketing leadership.In a strategic effort to enhance its market position, Morrisons has implemented…
Morrisons is confronting rising retail crime with a fleet of CCTV vans, demonstrating its commitment to safety.In collaboration with Crimestoppers, this initiative marks a significant step in crime prevention and detection.Five vans will operate across the UK, enhancing efforts to safeguard both customers and employees.The presence of these CCTV vans aims to deter criminal activities and provide crucial evidence for law enforcement.This action reflects the broader retail industry’s response to increased abuse against workers post-Covid.Morrisons has rolled out a fleet of CCTV vans across the UK in response to escalating levels of retail crime. Partnering with Crimestoppers, a longtime ally…
The John Lewis Partnership is grappling with financial challenges over its new property scheme, casting doubts on profitability.The ambitious project involves constructing 428 flats above a Waitrose in West Ealing and 353 in Bromley, targeting 35% affordable housing.Financial analyses suggest a potential negative return of £57 million as project costs outweigh estimated worth.The initiative forms part of a broader strategy to diversify income, aiming for 40% non-retail profits by 2030.The company’s current financial difficulties include a £234 million loss and significant debts impacting progression.The John Lewis Partnership is facing significant financial hurdles with its new property development plans. The proposed…
Asda is celebrating the first anniversary of its Rewards app by giving away £15 million to its customers in September.A ‘Spin the Wheel’ game guarantees customers a Cashpot bonus every day throughout September.To participate, customers must spend a minimum of £5 and use the Rewards app to spin the wheel and earn cash bonuses.Physical ‘Spin the Wheel’ events will be held at 15 selected stores between 21st and 24th September.New users can benefit from a £5 First Scan Bonus until 30th September.Asda marks the first birthday of its pioneering Rewards app with an unparalleled £15 million customer giveaway this September.…
Kellogg’s strengthens its philanthropic outreach with a significant donation to Nisa’s charity arm.A £4,000 contribution is directed towards the Making a Difference Locally (MADL) initiative.This donation will be allocated in eight £500 segments, accessible to Nisa retailers.Kellogg’s celebrates 25 years of backing UK school breakfast clubs, enhancing its philanthropic impact.Nisa’s MADL charity surpassed £1 million in donations to UK communities last year.Kellogg’s has fortified its commitment to combating child hunger with a £4,000 donation to Nisa’s Making a Difference Locally (MADL) charity, demonstrating its enduring support for school breakfast clubs. The allocation of the donation into eight separate £500 contributions…
Asda’s billionaire owners are reportedly negotiating the sale of part of the supermarket’s property holdings, valued at £500 million.Macquarie Asset Management is nearing a deal to acquire 50 Asda store leases in the UK, as reported by React News.The transaction includes a provision for Asda to regain ownership for a nominal sum at the lease’s conclusion.This move enables Asda to raise substantial equity, addressing its escalating debt concerns.Previously, the Issa brothers sold 25 Asda stores to Realty Income Corporation, raising £650 million.Asda’s billionaire owners, Mohsin and Zuber Issa, are reportedly in discussions to divest another segment of the supermarket’s real…