Aldi

UK Supermarket Asda Cuts Prices To Kick-Start Recovery

Asda launched a major round of price cuts on Thursday, with a “significant investment” its new boss hopes will kick-start a recovery.

Morrisons’ underlying sales growth improved in its fourth quarter, on product availability, sharp prices, promotions and its loyalty scheme.

Lidl GB will accelerate new store openings in the coming years after it slowed to 15 openings in the 2023/24 financial year.

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Stephen Wynne-Jones sits down with Tesco CEO Ken Murphy – aka Mr Reliable – as he discusses a successful year and future plans.

UK shoppers face renewed pressure on their budgets in October as inflation edged higher for the second month in a row, according to Kantar.

British supermarket group Sainsbury’s stuck to its full-year forecast of up to 10% profit growth after a 3.7% rise in the first half.

Sainsbury’s has extended its Aldi price-matching scheme to its convenience stores, upping the ante on competitive pricing ahead of Christmas.

British shoppers faced increased pressure on their budgets last month as grocery inflation edge higher, data from Kantar showed on Tuesday.

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