‘Aldi Effect’ Fades As Big Four Hit Back And Consumers Lose Taste For Austerity Shopping

Aldi’s stores in UK and Ireland fell to a £58m loss last year on sales of £2bn, while its smaller Danish rival Netto has quit the country, selling its stores to Asda. Recent market share figures from Kantar show upmarket chains Sainsbury’s and Waitrose are the stars on the rise, with both chains gaining market

Sainsbury’s ‘Fastest Growing Of Big Four Supermarkets’

Sainsbury’s chief executive today declared the supermarket group the leader of the pack after it outgunned Tesco, the market leader, in the second quarter. Justin King said

Tesco Profits Up, But Demand At Home Hit By Fuel Costs

Tesco said today that demand from UK shoppers was trailing behind that seen in overseas markets as higher fuel costs ate into shopping budgets. Sir Terry Leahy, chief executive of Britain’s biggest retailer…

Morrisons to open convenience stores

Supermarket chain Morrisons is to open its first convenience stores next year, and may finally branch out into internet shopping. Chief executive Dalton Philips announced details of his new strategy…

Big four supermarkets tough it out in battle of the British aisles

Times are tough for Britain’s supermarkets. Photograph: Alamy

When Tesco boss Sir Terry Leahy announced last week that he was bowing out after 14 years as the nation’s number one shopkeeper, most atte…