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The supply chain crisis means an out-of-stock crisis for grocers, and empty shelves means unhappy and disloyal customers. To operate profitably and satisfy customers, grocers will optimize their assortments with far fewer, but more reliable and affordable products. . In 2022, grocers will need to become digital-first.
Sainsbury’s has become the first UK grocer to extend Aldi Price Match into convenience stores, in a bid to offer its shoppers value and competitive pricing in time for the key Christmas period. The offer is now available for all of the grocery giant’s customers whether shopping online or in one of over 1,400 stores.
“We have made significant enhancements to our private brands in 2023, and we know how important these valueofferings are for our customers,” said Emily Taylor, EVP and Chief Merchandising Officer at Dollar General in a statement. “We
The return of its former bosscomes at a crucial time for Poundland after it reported its fourth consecutive quarter of declining sales, which fell 7.3% During his tenure, he helped to expand Poundland’s product offering to include more clothing, homewares and food, as well as move the business away from its single 1 price point.
// M&S is testing Sparks Prices across 50 stores in South Wales, the North East and West Midlands // Shoppers can save up to £2 on select ‘Dine In’ meals and certain bottles of Prosecco M&S has become the latest grocer to introduce exclusive pricing for members of its loyalty scheme.
M&S chairman Archie Norman told shareholders that he was “not happy” with Ocado Retail performance last week and said there was “work to do” with the joint venture it runs with the online grocer. An Ocado Retail “reset” is now under way, which the Marks & Spencer board outlined at its AGM. The range is getting better,” he said.
The cuts impact several head office management roles, management in Tesco Mobile phone shops and staff at its in-store bakeries, where it plans to move away from scratch baking. Tesco is not the first UK grocer to push ahead with a major cost-cutting drive as of late. Today, we have almost 1,000 vacancies available.
The chain’s valueoffer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. Retail Gazette examines how likely this is to happen by comparing the strengths and weaknesses of the rival grocers. Which groceroffers better value?
Former Poundland boss Barry Williams was parachuted back onto the board of the discount chain at the start of the year as owner Pepco looked to address its struggling performance. drop in sales it reported for Poundland during the three months to 31 December and 3.6% in its most recent financial year. over the golden quarter.
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Stores Waitrose is set to open its first supermarket in almost 10 years as the upmarket grocer embarks on an expansion of its store network. Ruis says there’s “at least 80 new brands” arriving at John Lewis for 2024. Where is it investing?
The chain’s valueoffer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. Retail Gazette examines how likely this is to happen by comparing the strengths and weaknesses of the rival grocers. Which groceroffers better value?
We have made significant enhancements to our private brands in 2023, and we know how important these valueofferings are for our customers,” said Emily Taylor, executive vice president and chief merchandising officer at Dollar General. “We mass retailer or grocer.
” With John Lewis chief executive Nish Kankiwala confident the partnership will deliver “significantly higher” profit this year, Retail Gazette takes a look at why the retail giant is feeling so positive as it prepares to enter its busiest period of the year. “We expected it to be positive. percentage point to 4.5%.
Adjusted operating profit was recorded at £504 million, reflecting the company’s successful cost management and efficiency initiatives. Statutory profit before tax stood at £489 million, a marked improvement from the previous year. Continued progress was made on value perception with £60m invested in price.
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