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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. H owever, in April it was reported that it was among the supermarkets resorting to selling shops to bring down its significant debts.

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Tesco to open over 150 Express stores in next 3 years

Retail Gazette

Tesco is planning to open over 150 Express convenience stores in the UK over the next three years as it ramps up expansion plans. The supermarket opened the doors of the first Express store in Barnes and Norbury, London in 1994 and now operates a total of 2,704 of the convenience sites.

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What does Barry Williams’ return mean for Poundland?

Retail Gazette

With Pepco set to reveal its grand plan for Poundland on its Capital Markets day on 6 March, Retail Gazette takes a look at what Williams may have up his sleeve and what’s next for one of the high street’s much-loved retailers. Pepco has also put a pause on the retailer’s expansion plans for the year.

Returns 112
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Best of 2024: Clintons new owner’s plans for the card retailer that refuses to fold

Retail Gazette

At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factorys value offer resulted in the retailer losing its grip on the industry.

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Has John Lewis Partnership finally turned a corner with its ‘refreshed’ turnaround plan?

Retail Gazette

John Lewis appeared to backtrack on Dame Sharon White’s original turnaround plan as CEO Nish Kankiwala vowed to focus “unashamedly” on retail after the partnership posted its first profit in four years. We’ve secured the funding we need for the four years of the plan. Where is it investing?

Planning 111
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Tesco to axe 400 jobs ahead of Budget tax hikes

Retail Gazette

The cuts impact several head office management roles, management in Tesco Mobile phone shops and staff at its in-store bakeries, where it plans to move away from scratch baking. It has begun talking to colleagues about a series of proposed changes in stores and head offices as it looks for more efficient ways of working.

Grocer 122
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Less is more: How Metcash’s Supa Valu is doing things differently

Inside Retail

In certain instances, they are even moving to value-focused supermarkets for their daily shop. Metcash’s IGA-adjacent value supermarket Supa Valu, which launched almost a year ago , has seen an increase in foot traffic in recent months as customers continue to look around for the best value.