Aldi noses out Lidl again to remain UK’s least expensive supermarket
One month ago, in an effort to save British consumers money at checkouts, Waitrose said it would be slashing prices on already reduced items. It has put an incredible £100m investment behind cost-saving initiatives, including fruit and vegetable areas. And yet, when Which? revealed its latest monthly numbers on the cost of the average supermarket shop […]
Shopping at Aldi is still the least expensive in the UK and £25 cheaper than this retailer
How much less expensive is a shop at discounters Aldi and Lidl than their retail rivals in the UK grocery market? A lot. According to another round of data from Which?, the two led the way again on the cheapest shop amongst all supermarket chains in the UK, which the average shop costing £74.23 and […]
UK’s Jones Food Company begins construction on huge new vertical farm
Ocado-backed Jones Food Company has broken ground on a massive new vertical farm in Gloucestershire it says will be the biggest in the world. At 148,000 square feet, the multimillion-pound site in Lydney will be the second for Jones, whose current farm in Lincolnshire is one of largest in the UK – the size of […]
Shares in UK supermarkets surge amid acquisition speculation
Shares in British supermarkets surged today amid speculation that they could be targets for private equity bids, The Evening Standard reports. Sainsbury’s jumped by 13.8p — or 4.8% — to top the FTSE 100. Tesco was the second biggest riser with a gain of 1.6% and Ocado was just behind, up 1%. Momentum in the sector follows the conclusion of the bidding war […]
Technology From Ocado, Others Drives Direct-to-Home Retail Deliveries, But Toronto’s Terminal Market Helps Independents Stay Competitive
Originally printed in the April 2021 issue of Produce Business. The Toronto marketplace is changing but what remains the same is the importance of fresh food and produce in particular at a time when health and wellbeing are of greater concern than ever. Under the impact of the COVID-19 pandemic, retailers of all dimensions, including the […]
