Tag: supermarkets

Could Amazon Fresh be the Future of Grocery Shopping?

Could Amazon Fresh be a game changer
Posted on 13 June, 2016 by Editor in Chief under Business News, Industry News

When many of us think of Amazon products, electronics, clothing and games come to mind. However, it was recently announced that the online retailer is to test a new service, Amazon Fresh, which could revolutionise our weekly grocery shop. But is there a gap... Read More

Are Shop Amalgamations the Saviour of Retail?

Are shop amalgamations the saviour of retail
Posted on 18 May, 2016 by Chris Grigorovsky under Business News, Economy

The retail sector has experienced its share of fall backs over the past month. One of the most prominent establishments on the UK high street, BHS, received a major blow after it entered into administration at the end of April. This was then followed by... Read More

Abandoned Middlesbrough Sainsbury’s Store to be offered to Competitors

Posted on 12 August, 2015 by Cliff Goodwin under Commercial Developments

Politicians, commercial agents and shoppers have united to brand a decision by Sainsbury’s to scrap a flagship North-East store — just days away from opening — as a “disgrace”. The supermarket giant’s latest store at Middlesbrough, built as... Read More

Tesco to close last remaining Homeplus stores

Posted on 16 May, 2015 by Kirsten Kennedy under Business News

As Tesco continues to suffer from the fallout created by the supermarket price war and the write down in value of its UK property values, Chief Executive Dave Lewis has to make a series of increasingly tough decisions to return group finances to the black.... Read More

Property Writedowns add to Sainsbury’s Woes

Posted on 6 May, 2015 by Kirsten Kennedy under Business News

The supermarket price war has taken a toll upon the annual profits of the UK’s major grocery retailers, with Tesco, Asda and Morrisons all having posted a negative set of results recently. Unfortunately for Sainsbury’s it appears that this seems to... Read More

Tesco Results Fallout: Analyst advises 200 Store closures

Posted on 24 April, 2015 by Kirsten Kennedy under Business News

Earlier this week, the news that Tesco had posted its worst ever set of results and has been forced to write down the value of its property portfolio shocked retail industry watchers. Now, as the fallout continues, analysts are debating ways in which... Read More

Tesco forced to write down Property Values after Worst Result in History

Posted on 22 April, 2015 by Kirsten Kennedy under Business News

Although analysts have recently forecast an upturn in Tesco’s fortunes, the group’s annual trading results released today reveal that the supermarket giant suffered the worst year in its history, having posted a mammoth pre-tax loss which necessitated a... Read More

Sainsbury’s to adapt Supermarket Space for Concessions and Non-Food Items

Posted on 17 April, 2015 by Kirsten Kennedy under Business News

As Sainsbury’s continues to fall further behind main rival Tesco in terms of sales, executives face the challenge of more effectively utilising selling space. Along with cutting back on new large format openings in order to focus on the expansion of its... Read More

Aldi leapfrogs Waitrose to become UK’s Sixth Largest Supermarket

Posted on 10 April, 2015 by Kirsten Kennedy under Business News

While the Big Four may be starting to regain some ground in the battle of the supermarkets, it appears that the discounters remain very much in the picture. This has been evidenced this week by Aldi, which has become the sixth largest supermarket in the UK... Read More

Lidl draws up Shopping List for 60 ‘High Profile’ Irish sites

Posted on 7 April, 2015 by Cliff Goodwin under Business News

Lidl is continuing its European expansion with the confirmation it is opening 60 more Irish stores. The new sites — both north and south of the border — will take the German discounter’s network across the island to 240 outlets. The news puts... Read More