Asda makes more price cuts to fresh produce as shoppers struggle with affordability
Like many of its retail competitors including Aldi, Asda announced this week it lowered prices on more than 230 items, including fresh produce. The move includes both branded and own-brand items as the supermarket chain and others look to offset the tremendous burdens of food inflation being felt by British consumers. This trimming has been […]
Which UK supermarket chain provides the most trusted shopping experience online?
There might be debate over which supermarket chain provides the lowest average cost per shopping experience or the nicest looking store, but when it comes to another category – trust online – one stands out from the rest. Lidl was chosen by British consumers as the safest in terms of being the least intrusive, according […]
Aldi lifts packaging on 4 fruits and vegetables, lets them go loose in supermarkets
Aldi is removing plastic packaging on four fruits and vegetables in an effort to reduce waste. Limes, garlic, lemons and oranges will be presented loosely in supermarkets – the first two only in stores in the North East, Cumbria, Yorkshire, South East, and London – while all of them will be featured openly in East […]
What is it about Waitrose, one of the more expensive shops in the UK, that continues to attract customers?
Over the past decade, Aldi and Lidl have created quite a stir in the UK – and risen in market share – courtesy of low, low prices and their expansion of stores. But some customers aren’t buying them, or at least not buying in them. Tesco, for instance, has remained a constant atop that share […]
Business sustainability requires new retail pricing model
In my previous column, I discussed the subject of natural sustainability in the industry. This time, I will be moving to another area of sustainability, and that is the overall sustainability of current produce retail pricing. The current retail pricing model is inherently unsustainable. The practice of raising retails arbitrarily to generate profits and inflate […]
John Lewis looks toward digital future in £100m deal with Google Cloud
The John Lewis Partnership, which oversees retailer Waitrose and is the largest employee-owned company in the UK, announced it has entered into a £100m agreement with Google Cloud. The company says it hopes to give consumers “more tailored and personalised experiences” by expanding its digital offerings. John Lewis says it will leverage data analytics from […]
As inflation wanes, what factors can drive consumers to purchase more fresh produce?
Inflation made another surprising but welcoming dip last month to 7.9% in the UK and was an additional point lower across the food sector at 6.9%. Though still not a reason to jump for joy, as summer carries on, at least one retailer says it is seeing very positive signs from its Family Matters Index. […]
Asda: Families still feeling pinch of inflation as disposable income plummets
Most households in the UK are struggling with affordability and have less disposable income to spend, even on essentials including bills. More than a third of British consumers, in fact, are falling short of remaining level with their pay and debt, according to the newest Income Tracker report from supermarket Asda. The message: retailers should […]