Retail News NEWS

Asda offers higher pay rate for flexible contract

Asda is offering its staff a new flexible contract paying £1 per hour over the Government’s National Living Wage increase which takes effect next month. The UK’s third-biggest supermarket chain said on Monday … Continue reading “Asda offers higher pay rate for flexible contract”


CBI survey shows rebound in UK retail sales

UK retail sales rebounded slightly in the year to February and are expected to continue growing, according to survey results released last week. The CBI’s latest quarterly Distributive Trades Survey involved 128 firms, … Continue reading “CBI survey shows rebound in UK retail sales”


UK retail sales fall in January

Rising prices for fuel and food are thought to be behind a fall in UK retail sales in January, the Office for National Statistics (ONS) said on Friday. Official figures show that the … Continue reading “UK retail sales fall in January”


Aldi becomes fifth largest supermarket in the UK

Discount supermarket Aldi has continued its impressive growth and is now the UK’s fifth largest supermarket, according to the latest grocery market share figures from Kantar Worldpanel, published on Tuesday. The German-owned chain … Continue reading “Aldi becomes fifth largest supermarket in the UK”


Tesco announces plans to acquire wholesaler Booker

The UK’s biggest supermarket group, Tesco, revealed on Friday that it has agreed to buy the country’s biggest food wholesaler, Booker Group, in a deal valued at £3.7bn. As well as its wholesale … Continue reading “Tesco announces plans to acquire wholesaler Booker”


UK retail sales decline in December

Seasonally adjusted figures released on Friday show that UK retail sales fell from November to December. According to the Office for National Statistics (ONS), the quantity bought in retail sales increased by 4.3% … Continue reading “UK retail sales decline in December”


UK retailers report sales growth in Christmas trading updates

‘Super Thursday’ has arrived, with a multitude of UK retailers announcing their sales figures for the key Christmas period. Marks and Spencer reported its first like-for-like improvement in clothing and home sales since … Continue reading “UK retailers report sales growth in Christmas trading updates”


8.7 million people set to hit the shops on Friday

Christmas shoppers will spend £894m (£865,158 per minute), on Friday alone, according to research from the Centre for Retail Research (CRR) and VoucherCodes.co.uk. Festive shopping is set to peak on the last Friday … Continue reading “8.7 million people set to hit the shops on Friday”


Morrisons to revive Safeway brand

Supermarket chain Morrisons plans to bring back the Safeway brand, the company revealed on Tuesday. The new Safeway-branded products will not be available in Morrisons’ own stores, but will be sold wholesale to … Continue reading “Morrisons to revive Safeway brand”


M&S to cut clothing and home stores and boost space for Simply Food

Marks and Spencer is to close 30 British stores and another 53 in overseas markets, including China and France. The high street retailer said on Tuesday that it was planning to improve the … Continue reading “M&S to cut clothing and home stores and boost space for Simply Food”


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