Changing behaviours among consumers could have deep impact on companies through 2024
How does the consumer products sector respond to the new financial realities faced by their customers? To find out, AlixPartners conducted an in-depth consumer priorities study, The Critical Consumer 2024, across the Europe, Middle East and Africa (EMEA) region. More than 10,000 shoppers from France, Germany, Italy, Saudi Arabia, Switzerland, UAE and the UK, were […]
Sainsbury’s adds ‘Best of British’ section to website to highlight UK-grown produce
Sainsbury’s has launched a ‘Best of British’ page on its groceries website, hoping to better highlight and promote products grown in the UK to its millions of online customers. Fresh fruits and vegetables top the list of 450 items at the retailer coming from British farmers. Meat, dairy, eggs and “chilled essentials” are also in […]
Income tracker, spending boost by UK consumers hints to more positive signs for retailers
According to the latest Income Tracker from retailer Asda, consumers in the UK saw an increase in spending power over the four weeks ending in 2023, a positive sign heading through the beginning of the new year. In fact, the latest figures from December are the best they’ve been since September 2021, when the COVID-19 […]
Asda squares off against both Aldi and Lidl in price-matching scheme that includes 287 new items
In an effort to stave off gains being made by deep discounters Aldi and Lidl in the UK, Asda has promised it will be matching prices from both competitors this year. Asda, which currently sits comfortably ahead of the two in market share according to Kantar Worldpanel data – 13.6% to Aldi’s 9.3% and Lidl’s […]
Cheap veg tops Asda’s list of food trends that will shape the next year
Inexpensive vegetables are expected to become more popular over the next year, according to the newly revealed 2023/24 Food Trends guide released by supermarket Asda. These ‘Everyday Heroes’, led by the surge in interest and demand for potatoes, are one of “seven megatrends” and 120 foods to watch that will shape food and drink development. […]
Tesco gives customers relief at tills by trialling scan-free technology in Fulham
Tesco has unveiled new technology in a Fulham supermarket that allows customers to go through checkouts or self-service tills without having to scan their items. The store at Tesco Fulham Reach Express is featuring GetGo’s app and scan-free checkouts, which will conventiently show the list of items from their baskets. Shoppers can pay as they […]
Will this season be a ‘Jingle hell’ for grocery retailers or a reason to celebrate?
High food inflation is expected to continue impacting consumers and retailers through the end of the year, according to new research from AlixPartners. Though UK shoppers are expected to spend £131 billion during the final weeks of November through the Christmas period for a 4% projected jump in retail sales, inflation will lead to a […]
Lidl makes huge surge in London, surpasses Asda in market share
Supermarket customers in London continue to look for value in their shops, and that is most evident in the soaring popularity of one discount retail chain. Lidl GB, known for its low prices on all products including its lines of fruits and vegetables, has overtaken Asda and moved into third place in the city with […]