Sainsburys

UK Grocery Inflation Falls Below 3% – Kantar

Grocery inflation in the UK fell for the 15th month in a row in May to reach 2.4% – its lowest level since October 2021, according to Kantar.

Marks & Spencer apologised to customers on Saturday after its website and app went offline due to a ‘technical issue.’

Asda has reported that its underlying sales rose 1.4% in the first quarter, marking a slowdown from a growth of 2.2% in the previous quarter.

Sainsbury’s has announced a partnership with Microsoft to use artificial intelligence (AI) to provide insights to the supermarket’s data.

The UK’s third largest supermarket group Asda has refinanced over £3.2 billion of debt, pushing most of its maturities into the next decade.

Online retailer Ocado, discounter Lidl and supermarket Marks & Spencer were the UK’s fastest-growing grocers in the Q1.

Sainsburys has forecast up to 10% growth in retail operating profit in its new financial year as it continues to win customers from rivals.

Grocery inflation in the UK fell in March for the 14th consecutive month, according to data from Kantar released today.

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