Giles Hurley news, comment and analysis – Page 5
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NewsMedia Bites 15 December: inflation, Aldi, Pepco, insolvencies
The main stories in today’s papers is the fall in the UK inflation rate.
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NewsHeron Foods continues to fall short of long-term estate growth plans
The B&M-owned frozen food retailer opened 16 stores in the year 26 March 2022 but also closed 11 under-performing ones as leases ended
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Comment & OpinionWilko’s woes highlight its unlikely challenge in the cost of living crisis
Perhaps counter-intuitively, the squeeze on incomes is not playing into the hands of the variety discounters
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NewsAldi struggling to hit 2022 plastic reduction target
The change is taking longer than expected for the final 1% of own label packaging, thanks to a lack of viable alternatives
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NewsAldi set to reclaim highest-paying supermarket title from Lidl
Lidl and Aldi have been swapping places as the highest-paying supermarket based on store worker starting rates this year
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NewsAldi accelerating its gains from other major supermarkets including Lidl
Aldi is also causing particular pain for Morrisons
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NewsIceland launches online Christmas page, telling shoppers it’s ‘never too early’
The retailer is tapping into the long shelf life of frozen with a banner on the page suggesting shoppers ‘spread the cost of Christmas’ by buying sooner rather than later
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Comment & OpinionWho is Tesco’s Aldi Price Match campaign benefiting most: Tesco… or Aldi?
Tesco’s repeated value benchmarking of Aldi in a cost of living crisis will be a ‘marketing case study in years to come’
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NewsAldi creating 3,000 new jobs to support its ‘biggest ever Christmas’
It’s looking for more than 2,000 temporary and permanent store workers and over 850 warehouse recruits
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Comment & OpinionAldi’s new ‘eco concept store’ is about much more than saving energy
The discounter is closing legacy sites – some of which are 30 years old – and opening bigger ones nearby
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NewsLidl to offer warehouse jobs on the spot as it hunts for 1,000 new workers
To make it as easy as possible to start work, Lidl plans to offer successful candidates an employment contract immediately at a series of open days at its distribution centres
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NewsLidl and Aldi’s store opening programmes facing barrage of rival planning objections
With shoppers switching to the discounters in their droves due to the cost of living crisis, the objections are thwarting their ability to serve yet more
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NewsAldi opening new ‘eco store’ concept in Leamington Spa
The store has been designed for low carbon consumption while offering shoppers sustainable choices
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Comment & Opinion‘They’re using us as a first-stop shop.’ How Aldi is changing the way we shop
Aldi’s UK & Ireland boss said the retailer was seeing ‘unprecedented’ changes in shopping behaviour
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NewsAldi boss admits store opening programme more challenging than expected, as it misses target
The discounter was aiming to have 1,000 UK stores by 2022 but currently has only 970, with another 16 to be opened this year
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NewsCity snapshot: UK profits plunge at Aldi as investment in price hits bottom line
Aldi suffered a near 80% drop in operating profits in 2021 as sales flatlined ahead of a strong rebound in growth in 2022. Elsewhere, Alan Jope to retire from Unilever, Sainsbury’s scraps property sale, updates and Finsbury Food Group and Chapel Down and all the rest of the latest news from the City
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NewsAldi gives warehouse workers second pay boost within a year
The majority of distribution centre roles are warehouse selectors, who will receive a minimum rate of £12.66 an hour
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Analysis & FeaturesWhy – and where – supermarkets are making range cuts
Inflation is pushing the major mults to reduce their ranges. Exclusive data for The Grocer reveals where the axe is falling most heavily
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NewsAldi raises store staff pay for second time this year
As of September, Aldi store staff will receive a minimum of £10.50 an hour nationally and £11.95 within the M25, up from £10.10 and £11.55 respectively
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NewsCity Snapshot: Premier Foods snaps up The Spice Tailor for £44m
Premier Foods has acquired Indian meal kits brand The Spice Tailor for £44m as the Sharwood’s and Loyd Grossman owner looks to capitalise on growing demand for scratch cooking. Plus, Aldi gives staff a second pay rise of the year; and Naked Wines loses CFO.