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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 per cent growth in members participating in personalised value offers.

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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

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. Tesco is planning to open over 150 Express convenience stores in the UK over the next three years as it ramps up expansion plans.

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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. Coles is using the store revamp to trial key concepts that it identifies as being important to the customer, including an elevated “fresh and healthy” offering, as well as greater “convenience” and “valueofferings. “In

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What does Barry Williams’ return mean for Poundland?

Retail Gazette

GlobalData retail analyst Sophie Mitchell argues the issues at Poundland “Evidently go beyond the failed introduction of its Pepco-sourced GM and clothing range” Mitchell says thelike-for-like declines in its core FMCG category is reflective of the retailer failing to entice consumers away from other discounters and the big supermarkets.

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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. Lidl, which was the cheapest supermarket in 2020, offered the best deal for shoppers in December, at £23.29 at both discounters.