The big supermarket chains, such as Tesco and Morrisons, are facing a slight challenge in 2015, as larger store openings are seeing a decline. With customers having other alternatives like online shopping, as well as the smaller discount stores of Aldi and... Read More
The news from supermarket giant Tesco continues to go from bad to worse, with low consumer interest and increasingly stiff competition from discounters exacerbating the problems caused by a £263 million profits misstatement issued earlier this year.... Read More
Tesco continues to struggle against the tide of waning consumer interest, with offers from discounters such as Aldi and Lidl and upmarket brand Waitrose at present proving far more popular than their pledges to cut prices. Unfortunately, it seems that the... Read More
As supermarket groups continue to rein in spending by abandoning proposed developments, local communities are beginning to openly resent affected sites being left in almost derelict states in their wake. This has seen Walsall residents call upon the council... Read More
With Tesco’s financial issues growing more prominent by each passing quarter, executives have made the decision to cut back on non-essential spending as a means of patching the large black hole discovered in the group’s finances last month. However, it... Read More
Tesco, once the most dominant retailer in the grocery market, has suffered a number of losses in the past few years, with profit warnings, falling sales and a plunge in market share all contributing to bringing the group back down to earth with a bang.... Read More
As the supermarket price war continues to rage on, the Big Four are increasingly finding discounters eating into their market share. Tesco suffered a further loss in the 12 weeks to the 17th of August, with the data from Kantar Worldpanel showing a further... Read More
Supermarket giant pins hopes on turnaround plan Although the end of the recession has had a positive impact upon the revenues of most retailers in the UK, the supermarket sector remains something of an anomaly. With competition from discounters high and... Read More
Supermarket giant Tesco has largely dominated the retail industry for a number of years, with its range of groceries, clothing and electronics earning it the top spot in the UK’s supermarket rivalry. Now, it has revealed that it will unveil a new device on... Read More
The recent bout of good weather has had an astonishing effect upon the UK’s retail industry, with consumers heading to the shops in search of barbecue food, outdoor furniture and alcoholic beverages. However, soft drinks have surpassed all sales... Read More
