Accounting ATS Finance Grocer 
Retail Gazette
MAY 20, 2024
At the time, Morrisons said it intended to use the cash proceeds of £1.8bn to strengthen its structure and help to repay some of its mounting debt pile. The debt-financing bill was 23% higher than the £593m incurred in 2022. To reduce its debt, it has now started a process involving multiple tender offers to a number of debt investors.
Retail Gazette
JANUARY 30, 2024
in the 12 weeks to 21 January, accounting for 15.7% The supermarket’s CEO Simon Roberts said: “More customers are choosing to shop at Sainsbury’s, recognising our determined focus on value, product innovation and service.” The supermarket’s revenues surged 8.1% of the total market, up 0.3% on last year.
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Retail Gazette
JANUARY 5, 2024
The move follows evidence given by both GMB Union and the grocer’s bosses at a committee session before Christmas, which Asda co-owner TDR Capital did not attend. GMB national officer Nadine Houghton said: “It’s right that MPs will finally get the chance to hold TDR Capital to account on their co-ownership of Asda.
Retail Gazette
OCTOBER 2, 2023
Along with fellow discount rival Aldi, the grocers have stolen significant market share away from traditional supermarkets, with the pair accounting for £1 of every £5.50 spent in grocers. Lidl, which is still growing at almost 20%, has almost £3bn of debts due to be repaid in the next five years.
Retail Gazette
OCTOBER 5, 2023
The search for the next chair of John Lewis Partnership is underway after current incumbent Sharon White revealed she would be stepping down at the end of her five-year term. Retail Gazette looks at some of the possible candidates who could replace White. Sound familiar?
Retail Gazette
APRIL 23, 2024
Retail Gazette looks at where discounters’ ambitious expansion plans stands now. ” Ben Green, principal at investment platform Atrato Group, believes loyalty member price schemes from traditional supermarkets such as Tesco and Sainsbury’s have meant the price differential between them and the discounters have narrowed. .”
Retail TouchPoints
SEPTEMBER 28, 2022
It cannot be done blindly, so retailers should look at the opportunities in front of them to help customers address their own pain points. For example, if you look at the grocery sector, it’s primarily a fight for loyalty rather than just one-off purchases. Sustain impact.
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