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Coles posts higher sales in fiscal first quarter

Inside Retail

Coles posted higher sales revenue in the fiscal first quarter, which the supermarket chain attributes to its winter and spring value campaigns, promotional activities, and strong e-commerce growth. Its supermarket segment’s sales rose 3.5 billion, while liquor sales stood flat at $851 million. per cent to $10.55

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Will Aldi leapfrog Asda as the UK’s third biggest supermarket?

Retail Gazette

The chain’s value offer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. That said, sales for the UK’s third largest grocer were still £4bn higher than Aldi’s at £21.9bn for the year, rising 7.1% year on year.

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Exclusive: The thinking behind Coles’ revamped Chadstone flagship store

Inside Retail

Further, the new store provided Coles with a platform to innovate, a key focus for the supermarket giant. “While we have delivered an incredible product, some of the innovations are really at ‘stage one’. Trial and error For Coles, the ability to learn from the Chadstone store is key.

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What does Barry Williams’ return mean for Poundland?

Retail Gazette

The return of its former bosscomes at a crucial time for Poundland after it reported its fourth consecutive quarter of declining sales, which fell 7.3% During his tenure, he helped to expand Poundland’s product offering to include more clothing, homewares and food, as well as move the business away from its single 1 price point.

Returns 112
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Sainsbury’s becomes first UK grocer to extend Aldi Price Match to convenience stores

Retail Gazette

The initiative will see a range review carried out, with the supermarket looking at whether lines need to be removed or added, and if the selection of ‘dine in’ or food-to-go lines should grow. Sainsbury’s will also look at how it can better use the space in its convenience sites to deliver optimum range for shoppers on-the-go.

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Aldi named cheapest supermarket of the year amid ‘significant’ price rises

365 Retail

Aldi has narrowly beaten its rival Lidl to be named the cheapest supermarket of the year, as grocery prices rose by up to 9% over the past 12 months, according to an annual survey. For one month – January last year – Aldi and Lidl were tied, with a basket of 19 items coming in at £18.45 at both discounters.

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April Fools’ Day: worth the effort, or a waste of time?

Inside Retail

Given all the downfalls of getting it wrong, we asked Louise Grimmer, a senior lecturer in marketing at University of Tasmania, and Phoebe Netto, managing director of Pure Public Relations, to weigh in on what makes for a great April Fools’ Day campaign, and whether it’s worth the effort. According to media reports, it’s not.