British consumers prefer one discount chain over other supermarkets, but GenX and Boomers have different opinion
Discount retailer Aldi was selected as the No. 1 supermarket of choice by British consumers in the first quarter of 2022, according to the latest polling done by Yougov, but not all age groups share that opinion. Though Aldi was most popular among Millennials, who also selected Lidl as their No. 2 go-to grocery option, […]
Tesco sees profits jump, but inflation likely will slow momentum in 2022-23
Though inflation is soaring and the next year promises significant uncertainty, Tesco at least for now can report a rise in profits to more than £2.6 billion from the year ending Feb. 28. The retailer’s leaders warned of a potential dip next year, though they are projecting between £2.4bn and £2.6bn in profits – depending […]
Kantar leader: The Channels we shop in have changed significantly
The supermarket and grocery sector in the United Kingdom has seen tremendous activity over the past several years, from the exit of Walmart from its ASDA partnership, to the growth of the deep discounters on the one hand and home delivery of groceries, including produce, on the other. At the same time, consumers have been […]
Tesco turns to Apeel to help keep fruit fresh longer
Can new plant-based technology really keep fruits and vegetable fresh for twice as long? Tesco is trialling Apeel, a solution that creates a peel on produce to slow down water loss and oxidation, in some of its stores to help maintain stocks, reduce packaging and avoid food from being thrown away. “Tackling food waste is […]
Tesco sees power in moving produce by rail while saving on emissions
Through the end of the year, Tesco is moving fresh fruits and vegetables by refrigerated rail seven days a week under a new agreement with Direct Rail Services. The service, which started just prior to Christmas, marks the first time the retailer has transported via refrigerated freight using British railways. Brussels sprouts, parsnips, carrots, onions […]
Tesco workers may strike before Christmas, sparking empty shelves threat
Warehouse workers and drivers at Tesco are to hold a series of strikes over pay which their trade union says could result in shortages in stores, Sky News reports. Unite said more than 1,000 of its members – based at depots in Antrim, Belfast, Didcot and Doncaster, would take industrial action. The union said it meant “shoppers […]
Does the Aldi banana price rise mean we are turning corner?
For the best part of two decades, German hard discount retailer Aldi, present in thirty countries worldwide, has more or less set the benchmark price for fresh bananas in the European market. On 1st December the long-awaited ‘white smoke’ on the 2022 contract price finally appeared to have gone up after particularly protracted and controversial negotiations […]
Big Five supermarket CEOs commit to sweeping climate change efforts at COP26 Summit
The five big supermarket chains promised to cut carbon emissions in their operations by 2030 during the United Nations Climate Change Conference (COP26) taking place in Glasgow. Leaders from Co-Op, Marks & Spencer, Sainsbury’s, Tesco and Waitrose all said they would do their part in helping to save the environment by trimming food waste, reducing […]
