Latest discounter news – Page 2
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Poundstretcher sold to Fortress Investment Group
It follows the retirement of outgoing Poundstretcher owner Aziz Tayub and will see Andy Atkinson, former group commercial director at Morrisons, join Poundstretcher as CEO
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War on single-use plastic needs urgent rethink, warns IGD report
IGD said the entire financial model for packaging needed to be re-assessed if it was to succeed
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Peckham bakery Flake Bake wins Aldi listing for Jamaican beef patty
‘We’ve worked so hard for the last 10 years and this feels like the ultimate dream,’ said co-owner Mike Williams
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Revealed: supermarket progress on gender pay equality – and who’s gone backwards
Tesco, Asda, Aldi, Lidl, Co-op, John Lewis, Iceland and Ocado all reduced the mean hourly pay gap in 2023/24
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Home Bargains shed nearly 1,600 retail staff while adding new stores, accounts reveal
The estate grew from 572 to 594 stores, helping boost turnover by 10.2% to £3.8bn, despite the retailer shedding 6% of shopworkers
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Primula launches limited edition Cheddar & Chorizo variant
The new product begins with the ‘comforting familiarity of creamy cheddar cheese, followed by a delightful burst of chorizo’
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Aldi to raise £15m for Teenage Cancer Trust after hitting £10m target early
Aldi’s staff are engaging in fundraising events including bake sales, marathons and even scaling Mount Kilimanjaro
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Prime sales in freefall with bottles reduced in Tesco to just 31p
Sales are down more than 50% in the first quarter of 2024
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Bags of potatoes hit by shrinkflation as bad weather impacts supply
Potatoes have been hit by shrinkflation following a weather-driven tightening of supply
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Iceland’s Richard Walker to run London Marathon in latest Alzheimer’s fundraiser
Walker is running in memory of his late mother Lady Rhianydd Walker, who was diagnosed with Alzheimer’s in 2011
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Iceland launches new household own-label range
The launch confirms a story first reported by The Grocer last year based on trademark applications made by the supermarket
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Sainsbury’s mimics Tesco for third time with new everyday low prices campaign
‘Low Everyday Prices’ will replace Sainsbury’s long-running Price Lock campaign
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City snapshot: Supermarket basket size grows as inflation slows
Shoppers have been encouraged to put more in their baskets as inflation eased back to more manageable levels, according to the latest market data released this morning. Plus, full-year results from Hilton Food Group with a turnaround in seafood helping boost profits
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Aldi pledges to ‘cut more prices than ever before’
The renewed price pledge comes a week after Kantar data revealed Aldi sales were growing more slowly than the total market
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Thatchers to rebrand Cloudy Lemon Cider after Aldi High Court defeat
Thatchers insisted the rebrand was unconnected to its recent High Court defeat
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Tesco joins others in cutting Easter vegetable prices to 15p
Tesco has cut the price of its all rounder potatoes, carrots, swede, brown onions and white cabbage to 15p per item when purchased with a Clubcard
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Aldi to open 35 new UK stores this year
The discounter is set to invest £550m in expanding its UK footprint this year, while creating about 40 jobs per new store
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Lidl cuts chicken stocking densities in animal welfare boost
The retailer has followed Co-op, Morrisons and Sainsbury’s in committing to more space for chickens in its fresh supply chain
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Aldi’s Next Big Thing TV show returning to Channel 4
‘Aldi’s Next Big Thing’ will once again be hosted by Anita Rani and former greengrocer Chris Bavin, while Aldi UK buying MD Julie Ashfield will choose winners
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Aldi publishes ‘wish list’ of London locations for new stores
The discounter has said it wants to open 100 more stores within the M25 – adding to the more than 50 it has now – in a £500m investment