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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. The discounter attributed its steep growth to its 16% surge in sales to £17.9bn and improved efficiencies across its stores and central operations.

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As John Lewis Partnership promises ‘significantly higher’ profits, why is it feeling so positive?

Retail Gazette

It spent £39m on price cuts in the half to bolster its value offer and win back the customers it lost as shoppers sought cheaper groceries elsewhere amid the cost-of-living crisis. It also upgraded its partnership with Gail’s to launch in-house bakeries and acquired quality meal delivery service Dishpatch.