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Asda dealt hefty fine for fire safety breach Thursday, 7th June 2012
The nation’s second largest supermarket group will have to pay more than £55,000 in fines and costs after breaching fire safety rules at its Slough store. The BBC on Thursday reported that the Royal Berkshire Fire Authority had brought two charges to court after a store inspection in June 2010.
Discounters increase market share in cash-strapped climate Wednesday, 23rd May 2012
Cash-strapped consumers are heading to Aldi and Lidl for discounted goods, giving the retailers record market shares.
Asda sales continue to rise Friday, 18th May 2012
Asda, the UK’s second largest supermarket group, has reported a strong sales growth for its first quarter after winning market share with its low-price product focus. According to Reuters, sales at Asda stores open a year more, excluding fuel and VAT sales tax, rose 2.2 per cent in the 12 weeks to 31 March.
Supermarkets to be ‘named and shamed’ in crack-down as suppliers fight back Tuesday, 8th May 2012
New measures to name, shame, and fine supermarkets that place unfair pressure on their suppliers will be unveiled during the Queen’s Speech on Wednesday. According to the Daily Mail the new Groceries Code Adjudicator Bill will give suppliers based in Britain and abroad the right to act as anonymous “whistle-blowers”, as well as granting an independent adjudicator the right to investigate complaints about a grocery retailer with turnover of £1 billion or more.
Morrisons Q1 sales fall Thursday, 3rd May 2012
The UK’s fourth largest supermarket has reported a fall in like-for-like sales of 1 per cent excluding fuel for its first quarter. Morrisons suffered from tough comparables from the year before, which saw like-for-like sales rise 2.5 per cent on the back of a warm Easter and nationwide royal wedding celebrations.
Asda leads supermarkets on entertainment Tuesday, 1st May 2012
Asda has now overtaken Tesco to become the third largest entertainment retailer in the UK. The latest results from Kantar Worldpanel show that Tesco’s hold on the video, market and games market fell from 11.3 per cent in the first three months of 2011 to 9 per cent in the same period for this year.
Morrisons braced for reality-check trading update Monday, 30th April 2012
Britain’s fourth largest supermarket chain is now expected to report a dip in underlying sales growth for its first quarter, as it faces tougher competition from discounting rivals. With the latest figures from Kantar Worldpanel showing a drop to 11.9 per cent in market share, Morrisons first quarter update on Thursday is likely to bring something of a reality check to the supermarket giant.
A third of surveyed British shoppers shoplift when using self-service tills Thursday, 26th April 2012
A third of British consumers have admitted stealing from supermarket self-service tills.