Retail News NEWS

Morrisons offers rescue deal for McColl’s

Morrisons has put forward a last-minute rescue deal for convenience retailer McColl’s. The two companies are already partners, with McColl’s operating more than 200 smaller shops under the Morrisons Daily brand. McColl’s warned … Continue reading “Morrisons offers rescue deal for McColl’s”


CMA ‘minded to accept’ sale of 87 petrol stations to clear Morrisons takeover

The UK’s Competition and Markets Authority (CMA) has said it was “minded to accept” a plan for the new owner of Morrisons to sell 87 petrol station forecourts. US private equity group Clayton, … Continue reading “CMA ‘minded to accept’ sale of 87 petrol stations to clear Morrisons takeover”


Retail sales slow as consumers rein in spending

Shop sales have slowed down as household budgets come under pressure from the rising cost of living, new figures show. Retail sales last month were up 3.1% compared to March 2021, the smallest … Continue reading “Retail sales slow as consumers rein in spending”


The Works targeted by hackers

High street retailer The Works has revealed that it was forced to close some stores and suspend new stock deliveries after a cyber-attack. The seller of craft supplies, toys and books said that … Continue reading “The Works targeted by hackers”


Grocery shoppers made the most of Christmas festivities

UK shoppers splurged on Christmas treats this year, with a rise in spending on goods including mince pies, chocolates and sparkling wine. The latest figures from data company Kantar show that grocery sales … Continue reading “Grocery shoppers made the most of Christmas festivities”


New Covid variant prompts change to face mask rules in shops

Shoppers in England will be expected to wear face coverings in shops from Tuesday 30 November to help prevent the spread of the new Covid-19 Omicron variant. The change in the rules brings … Continue reading “New Covid variant prompts change to face mask rules in shops”


Lidl GB aiming to reach 1,100 stores within four years

Business is booming for Lidl and the retailer is planning to open hundreds of new stores in Great Britain over the next few years. Lidl GB has set a new store target of … Continue reading “Lidl GB aiming to reach 1,100 stores within four years”


M&S reports strong profit for first half

Marks and Spencer has returned to profit and said its turnaround plan was starting to pay off. The high street retailer reported pre-tax profit of £187.3m for the six months to October, the … Continue reading “M&S reports strong profit for first half”


UK shoppers stick with less frequent ‘big shop’

Grocery shopping habits changed at the start of the pandemic and consumers are continuing to make bigger, less frequent trips to the supermarket, according to a new report from Kantar. The data, insights … Continue reading “UK shoppers stick with less frequent ‘big shop’”


Tesco doubles six-month profit

Tesco says it has “outperformed” the grocery sector, with first-half sales and profit ahead of expectations. Britain’s biggest supermarket chain recorded sales of £27.3bn for the six months to August, a rise of … Continue reading “Tesco doubles six-month profit”


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