Retailing Crisis

Shoppers are now visiting four different retailers a month

Retail loyalty a thing of the past

By Laurence Gibbons

Store loyalty is diminishing as more shoppers are using four different retailers on average each month, according to grocery think-thank IGD.

Asda announced plans to create 12,000 jobs in the UK over five years

Tesco and Sainsbury likely to follow Asda price cuts

By Rod Addy

Tesco and Sainsbury will likely follow Asda’s cost- and price-cutting lead to combat discounters Aldi and Lidl, according to food industry commentator Clive Black, responding to Asda’s latest results.

Food sales are at their lowest since records began

Food suffers deeper retail decline

By Laurence Gibbons

Pressure on food industry profits looks set to continue as cash sales keep dropping, according to experts.

Morrisons' new chairman faces a tough challenge in reviving the retailer's fortunes, said Shore Capital

High hopes rest on Morrisons’ new chair

By Michael Stones

High hopes have been pinned on the ability of Morrisons’ new chairman elect Andrew Higginson to revive the fortunes of Britain’s fourth largest supermarket chain.

Kerry Foods makes a range of consumer brands

Changing face of retail hits Kerry Group

By Rod Addy

Consumer food sales took a hit at Kerry Group from the fragmenting retail market, despite UK brands holding up well, and overall sales growth, the firm said in its interim management report.

Buyers driving down costs create a climate in which fraud can thrive

Supermarket buyers’ culture aids fraudsters

By Rick Pendrous

The cost cutting culture that exists in supermarket buying departments will have to change if future incidents like last year's horsemeat contamination scandal are to be avoided, according to a food safety expert.

Lidl has seen its market share rise to a record 3.6%

Aldi and Lidl’s market share hits all-time high

By Laurence Gibbons

Discount retailers Aldi and Lidl are continuing to win sales and have seen their market share hit new records, at the expense of Tesco and Morrisons, according to the latest grocery share figures from Kantar Worldpanel.

Morrisons will give cash rewards to new customers

Morrisons gives out cash to tempt online customers

By Nicholas Robinson

Morrisons is trying to turnaround poor sales and boost its slow-starting online business by giving cash to customers in conjunction with third-party rewards platform Quidco.

The party's over for Tesco boss Philip Clarke

Tesco boss finds party’s over after quitting top job

By Michael Stones

A party for Tesco boss Philip Clarke, scheduled for last night (July 22), to celebrate his 40 years with the retailer, was cancelled on Monday, after he revealed his intention to quit his chief executive role in October.

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