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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. year on year.

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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.

Grocer 59
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Has John Lewis Partnership finally turned a corner with its ‘refreshed’ turnaround plan?

Retail Gazette

Despite only just returning to the black, Kankiwala says the partnership is “absolutely on target” to increase its profits tenfold to £400m by 2027/28. Stores Waitrose is set to open its first supermarket in almost 10 years as the upmarket grocer embarks on an expansion of its store network. Where is it investing?

Planning 111
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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 might just be about growing spend from our existing customers,” he explains.

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Interview: 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 Factory’s value offer resulted in the retailer losing its grip on the industry. in pre-tax losses as sales plunged 25% to £96.5m