Tesco, Asda, Sainsbury and Morrisons must make more of what they do best with food and drink in their fight back against the discounters Aldi and Lidl, a leading analyst has claimed.
Tesco boss Dave Lewis has slowed the retailer’s haemorrhaging sales, as his plans to regain customers from the discounters Aldi and Lidl achieved a dip of just 1.3%, its first quarter results show.
All major supermarkets failed to hit annual targets for campylobacter contamination levels on shop-bought whole chickens, according to the Food Standards Agency (FSA).
Retailers are gaining ground on campylobacter according to results that update the Food Standards Agency’s (FSA’s) latest data, the grocery industry has claimed.
Unite the union has pressed the UK’s biggest retailers to secure shop floor jobs, following a spate of major redundancies in response to mounting pressure from the discounters Aldi and Lidl.
Supermarkets should declare income from suppliers, in line with recommendations from corporate reporting regulator the Financial Reporting Council (FRC), according to a food industry accounting expert.
Rachel’s is facing job losses as a result of the organic dairy producer losing a contract with Tesco amid the multiple’s drive to cull 30% of its stock keeping units (SKUs).
Supermarket price war continues to “devastate” small-scale food and drink suppliers, as they fight a David and Goliath style battle with the big retailers, warns business recovery specialist Begbies Traynor.
Morrisons has experienced a “worryingly flagging” fall in the number of shoppers visiting its stores in the past year, according to its annual results, a leading analyst has claimed.
