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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% Williams’ return certainly signals something major is afoot, with early reports suggesting the group is considering a mass restructuring of the entire business or even a possible sale.
Morrisons narrowly avoided being overtaken in the grocery league tables for the second time in three years earlier this month, with rival Lidl following closely behind as it picks up the pace of its expansion plans and competitive valueoffer to become the UK’s fifth largest grocer. Revenue, excluding fuel, fell 5.9%
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.
The return of its former boss comes at a crucial time for Poundland as Pepco revealed on Thursday (6 March) that it was “actively evaluating” all strategic options to separate the discount business from the group, including a potential sale. over the golden quarter.
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.
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?
Despite only just returning to the black, Kankiwala says the partnership is “absolutely on target” to increase its profits tenfold to £400m by 2027/28. 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. 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?
According to Kantar, the upmarket grocer gained market share for the first time in over two years in July, as it nudged up 0.1 It spent £39m on price cuts in the half to bolster its valueoffer and win back the customers it lost as shoppers sought cheaper groceries elsewhere amid the cost-of-living crisis.
It aims to continue its expansion into the convenience food sector and strengthen its position in the clothing market with innovative and fashionable product offerings. This marks a return to dividend payments after a suspension due to the pandemic, signalling a positive outlook for shareholders. M&S also announced a dividend of 9.8
This will be joined by 20 new Sainsburys Local stores which the grocer says will bring over 700,000 more people within a ten-minute drive of one of its stores. The grocery giant plans to open 15 new supermarkets across the country, many of which will be housed in the former Homebase units it acquired last year.
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