Why UK supermarkets are not making super profits
Outlets traded through the crisis but increased staff costs and fall in higher-end products have hit hard
Outlets traded through the crisis but increased staff costs and fall in higher-end products have hit hard
Supermarket group defers dividend decision until later in the financial year
The company is currently only able to serve customers face-to-face at its 1,200 locations
Stock market in Dublin rises but still lags performance of European peers
Grocery retailer plots to reduce net debt by at least £600m
London Briefing: Mike Coupe under pressure after failed Asda deal
No effective way of addressing concerns other than to block merger, regulator says
UK’s second biggest supermarket group agreed £7.3bn takeover of rival Asda in April
CEO caught singing ‘We’re In The Money’ on camera after Asda merger criticised over €3.9m pay packet while removing employee benefits
Planet Business: in May Day week, some people are ‘in the money’, others not so much
Combined business would control almost a third of UK grocery market, ahead of Tesco
British consumer spending is also under pressure from rising inflation
Sales at stores open over a year rose 0.1% in the 15 weeks to early January
UK supermarket chain says full-year profit outlook remains in line with market view
Disagreement over prices follows Brexit-driven slump in sterling
Britain’s second biggest supermarket continues to slug it out with rivals
Stocks fall as World Bank cuts global economic growth predictions to 2.4 per cent
Meanwhile EasyJet founder takes on Aldi and Lidl with easyFoodstore in London
Supermarket chain has shown greater resilience to competition from Aldi and Lidl
Shares jump 11% after supermarket chain posts better-than-expected results
German owner Celesio is planning to add 60 new Irish stores over the next three years
Sales at stores open over a year fell 2.1 % in 12 weeks to June 6th
British retailer counts cost of ‘unprecedented’ change in supermarket industry
Bizarre case of Mike Coupe criminal conviction in Egyptian court – and two-year prison sentence – emerged out of the blue
Supermarket group first improvement in sales volume for more than a year
Ousting of Irish man inevitable after worst performance among major British supermarket chains
Focus shifts from Tesco to Sainsbury’s as it updates the market
Bank of England bucks trend with appointment of Nemat Shafik as deputy to governor Mark Carney
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