Aldi bosses Roman Heini (left) and Matthew Barnes (right) celebrate a 65% increase in profits

Aldi’s caviar plan to catch wealthy shoppers

By Nicholas Robinson

Aldi will attack the premium end of the food market by targeting wealthy consumers this Christmas, bosses have said, after announcing a 65% increase in its UK profits to £260.9M.

Morrisons is working hard to close the price gap between traditional supermarkets and discounters

Supermarkets target fresh food to fight discounters

By Rod Addy

Fresh food is the first battleground as traditional supermarkets such as Tesco and Sainsbury fight against stiff competition from discounters Aldi and Lidl, according to a leading food analyst.

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.

Morrisons has announced 2,600 store management job losses

Morrisons' job losses unlikely to be last in sector

By Rick Pendrous

Bad news continues to dog supermarket chain Morrisons, with the announcement last month that 2,600 store managers were likely to lose their jobs as part of a review of its retail operations.

The discounters are likely to face increased costs: Rick Pendrous

Discounters' costs will increase as they grow

By Rick Pendrous

News that supermarket chain Sainsbury had entered into a £25M joint venture (jv) with Dansk Supermarked to establish 15 Netto stores across the UK was further evidence that the major multiples recognised they needed to do more to address the inexorable...

'Morrisons is already in more than enough trouble,' says analyst

Morrisons denies Netto revival threat

By Nicholas Robinson

Morrisons has denied claims it will suffer from Netto’s re-entry onto the British supermarket scene, despite analyst claims it could prove vulnerable to a renewed round of price cutting.

Tags Crisps founder John Tague plans to become a snacks magnate

Crisp boss wants 10% of the market

By Nicholas Robinson

Founding a brand is easy, John Tague tells Nicholas Robinson, but getting into the multiples is difficult.

David Jones (left) and Jonny Bingham have previously worked for high profile manufacturers (Photo©Sacha Ferrier)

Bakkavor and Greencore rivals join forces

By Rod Addy

Former food industry rivals Jonny Bingham and David Jones have joined forces to form Bingham & Jones, a firm advising major manufacturers and retailers on product development.

A supermarket price war, which could follow Morrisons' recent price pledge, could damage supermarkets more than their suppliers, said Black

Supermarkets were ‘totally and utterly’ complacent

By Michael Stones

Britain’s big four supermarkets have been “totally and utterly complacent”, in failing to keep pace with key developments in retailing and are now paying the price, warns a leading City analyst.

Food manufacturers fear for margins as a price war looms

Food firms could pay for supermarket price wars

By Nicholas Robinson

Morrisons has refused to confirm or deny suggestions it is preparing to slash suppliers’ prices, in a bid to combat discounters Aldi and Lidl, as top analysts predict food manufacturers could fall victim to a supermarket price war.

Tesco, Sainsbury and Asda will be forced to respond to Morrisons’ lower prices

Morrisons’ price cut strategy signals supermarket war

By Michael Stones

A supermarket price war is likely to follow Morrisons’ pledge to cut its prices, in a bid to combat discounters Aldi and Lidl, after the retailer posted a loss of £176M last week, according to leading analysts.  


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