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
‘Aldi Effect’ Fades As Big Four Hit Back And Consumers Lose Taste For Austerity Shopping
October 17, 2010 By Leave a Comment
Sainsbury’s ‘Fastest Growing Of Big Four Supermarkets’
October 10, 2010 By Leave a Comment
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
Asda Forced To Sell Quarter Of Netto Stores
September 24, 2010 By 2 Comments
Asda’s plans to open a chain of small supermarkets in the UK have been dealt a blow by competition regulators, who have ordered it to sell 25% of the stores it is buying from Netto for nearly £800m…
Asda Relaunches Own-Brand Range
September 22, 2010 By Leave a Comment
The new boss of Asda, who last month said that food quality at the Wal-Mart-owned grocer was not as good as that of its rivals, today trumpeted a £100m investment with the relaunch of its main own-label range. Asda is on the back foot…
Blood on the shopfloor
May 28, 2010 By Leave a Comment
There’s a bloodbath coming, said one supermarket boss in private this week. His reasoning was that a slowdown in food inflation, or even a slip into deflation, plays havoc with supermarkets’ financial models. Add a few tax rises to constrain shoppers and the pressure is on. Expect a fierce attack on costs, especially on jobs, [...]
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