more discounter news & analysis – Page 16
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NewsLidl posts £76m loss after low price investment
Despite revenues climbing 18.8% to £9.3bn, the discounter made a loss before tax of £75.9m in the 52 weeks to 28 February 2023
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Comment and OpinionFrom Lidl to Waitrose, it’s hard to find a grocery retailer making it look easy
Investment and debt are two sides of the same coin
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Grocer 33Lidl 21p cheaper than Aldi in battle of the discounters
At £49.71, Lidl was just cheaper than Aldi, for the fifth time out of seven
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Analysis and FeaturesFive things that will help and hinder Waitrose’s growth strategy
Waitrose is under the microscope as it seeks to transform major elements of the business. The Grocer asks what will stand in the retailer’s way
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NewsWilko collapsed owing over £400m, new documents show
The debts included £9.8m to Procter & Gamble and £3.2m to Unilever
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Comment and OpinionAldi’s biggest price cuts add more drama in retailers’ battle to the bottom
Aldi’s latest price cuts are substantial, and the numbers support that
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NewsIceland launches on Amazon UK site
The discounter joins Morrisons and Co-op as a third-party supermarket partner on the Amazon marketplace
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NewsPoundland agrees to take 71 Wilko stores – and promises jobs for Wilko workers
The 71 stores are expected to reopen under the Poundland brand in the fourth quarter of 2023, adding to its existing 800-plus UK estate
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NewsAldi appoints Kyrsten Halley marketing director
Halley was previously marketing director at The Flavourists, part of the Samworth Brothers Group
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NewsLidl to invest £40m extra in British egg supply chain in bid to increase production
The retailer is offering farmers financial incentives to move into egg farming in an attempt to bolster supply
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NewsAll Wilko stores to close by early October, with over 10,000 workers facing redundancy
The joint administrators said that despite extensive efforts, it had become clear no significant part of Wilko operations could be rescued as a going concern
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NewsPlanet Organic store to close after failing to agree lease with Iceland
It is not clear how the closure could affect Renée Elliott’s turnaround plan
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Comment and OpinionRail strikes should inspire us to protect jobs in supermarkets too
Replacing people with machines lets retailers reduce their wage bill and harvest data on customers’ shopping behaviour, says Joanna Blythman, food journalist and author of Swallow This
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NewsAldi makes its biggest round of price cuts this year
The 55 fruit & veg lines are reduced by an average of around 11%
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KVI TrackerCheese prices slashed in latest supermarket cuts
The average price of a block of own-label mature cheese is now 7% more expensive year on year, but has fallen 5% since last month
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NewsIceland Foods’ interest-free microloan scheme to be extended
The retailer launched the scheme in conjunction with the chairty Fair For You in August 2022
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NewsHundreds of individual Wilko stores for sale as union says all are to close by early October
In an update for members this morning, GMB said administrators at PwC had confirmed an offer for hundreds of stores as a going concern had fallen through
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News1,000 more Wilko job losses expected in B&M ‘premises only’ deal for 51 stores
It follows 1,332 Wilko redundancies already confirmed, made up of 299 in two distribution centres, 17 in its digital operations department and 1,016 in 52 stores which are to close next week
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NewsSurplus online grocer Motatos exits the UK
Owner Matsmart-Motatos said today it had decided to consolidate the business to the Nordic regions, Germany and Austria
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NewsCrawshaws successor Sterling Meat Co plans two new stores after strong 2022
Sterling hailed its ‘winning’ everyday low prices strategy as a key factor of ’more customers migrating’ towards the retailer