Retail - UK

M&S Annual Profit Soars 58% As Turnaround Strategy Delivers

British retailer Marks & Spencer reported a 58% rise in annual profit, ahead of market expectations, as its strategy to re-shape the business delivered...

Lidl Hits New Record Market Share In UK: Kantar

Discounter Lidl has hit a new record market share in the UK grocery market, reaching 8.1%, new data from Kantar has shown.

Britain's Greggs On Track For Year After Sales Rise

British baker and fast food retailer Greggs said its expectations for the full year were unchanged as it reported underlying sales growth of 7.4% for the f...

Why Aldi Is Likely To Remain A Formidable Competitor In Retail Grocery: IGD

Discounter Aldi Süd has positioned itself well to thrive beyond the cost-of-living crisis, as Dan Butler, Senior Insight Analyst at IGD explores.

Asda Refinances Over €3.7bn Of Debt

Asda has refinanced over £3.2 billion (€3.7 billion) of debt, pushing out the majority of its maturities into the next decade.

Supermarket Income REIT Acquires 17 Carrefour France Stores

UK-based real estate investment trust Supermarket Income REIT has purchased a portfolio of Carrefour France supermarkets for €75.3 million as part of...

Retailers Facing A New Loyalty Test – How They Treat Employees Matters

A host of the UK’s biggest grocery retailers – including Lidl, Co-op, Aldi, Tesco and M&S – have announced wage increases for employe...

Sainsbury's Expects Strong Profit Growth In 2024/25

Sainsbury's, Britain's second largest supermarket group, forecast strong profit growth in its new financial year as it reported a 1.6% rise for 2023/24.