Tesco’s profit surges as lower prices draw in consumers April 10, 2024 Britain’s biggest supermarket, Tesco, has traded in line with raised expectations, posting a total operating profit of £2.8bn for the full year. This morning, chief Ken Murphy thanked a slew of price cut schemes for the lift, which saw profit exceed the board’s expectations by £50m last year. Group sales were up 7.4 per cent [...]
Every Lidl helps: Tesco loses appeal in supermarket logo war March 19, 2024 Lidl went on to sue Tesco, which is Britain's biggest supermarket, as it used a blue square with a yellow circle with its name inside for its well-known logo.
Logo wars: Tesco and Lidl at Court of Appeal in latest instalment of clubcard row February 21, 2024 The logo at the heart of this dispute is Tesco's "Clubcard Prices" promotion which uses a blue square with a yellow circle, with the words 'clubcard prices' inside.
Lidl wants to build one if its biggest ever supermarkets and 71 homes at Bingo site in Greenwich February 15, 2024 Lidl wants to construct 71 new homes and a 31,000 sq ft supermarket at the site of a former Mecca Bingo site in Greenwich, in its latest tactic to secure planning permission for a new site in London. The supermarket, proposed to be located on the first and group floor of the building, would be [...]
Aldi and Lidl cash in as Brits clamoured for discounted Christmas January 2, 2024 Aldi was the big winner as the retailer reported its "best ever" festive period, taking in £1.5bn in sales in the run-up to 25 December, across its more-than 1,000 UK outlets.
Lidl forks out £2m on bodycams amid surge in retail crime November 8, 2023 Lidl said it will be the first supermarket in England to make it the standard that all staff are provided with the equipment.
Falling in time for Christmas: Grocery inflation down to single digits for the first time in 16 months November 7, 2023 Despite the milestone, consumers are only seeing year-on-year price falls in a limited number of categories, including butter, dried pasta and milk.
Can Sainsbury’s flat earnings squash profiteering claims? November 2, 2023 Sainsbury's has been ramping up its loyalty Nectar card scheme so that shoppers can get discounts on their groceries during a period of high inflation.
Lidl jumps grocery giant as it continues London growth October 23, 2023 Lidl GB is now the third largest supermarket in London after hitting a market share high of 9.1%, overtaking Asda.
Lidl swings to loss of £76m as fight to keep prices low offset by surging costs September 14, 2023 Discount supermarket chain Lidl has revealed its British arm swung to an annual loss after battling to keep a lid on prices as its costs rose “across the board”. The group reported pre-tax losses of £76 million for the year to February 28 against profits of £41.1 million the previous year as it also invested [...]