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Asda sales hit by rival discount store chains

New market share figures show supermarket group Asda on the back foot as the UK food market polarises with discount chains Aldi and Lidl and upmarket grocer Waitrose sprinting ahead of the pack.Asda was the biggest loser from the...

Morrisons to give own brand range biggest ever makeover

MORRISONS is to embark on a major relaunch of its multi-billion pound own label range and has poached Arla Foods’ top marketer to spearhead the campaign.Danny Micklethwaite has left Leeds-based dairy group Arla to take on the newly created...

Aldi, Lidl and Waitrose power ahead

Discounters Aldi and Lidl and posh grocer Waitrose are powering ahead of their mid-market rivals.New sales data from Kantar Worldpanel for the most recent 12 weeks shows the so-called "hard discounters" chalking up sales growth of 15.4 per cent...

Hypercity to downsize stores, increase private labels

With the aim to break even in the next two years, K Raheja Group-promoted hypermarket chain Hypercity, which recently opened a store in Bangalore, is planning to downsize a few stores and increase the share of its private labels...

HyperCity expands in Bangalore

K Raheja Group-promoted hypermarket chain HyperCity has expanded its presence in Bangalore by opening its second outlet in the city. Located at Royal Meenakshi Mall on Bannerghatta Road, the new store is spread across 60,000 sq.ft and offers over...

Waitrose ups pressure on Ocado with virtual store

The grocery chain Waitrose is stepping up its online presence by opening a giant virtual store.The move means it will be able to supply more products direct to customers, sidestepping its delivery partner, Ocado.Traditionally, Waitrose products have been delivered...

Waitrose to create 600 jobs in the NorthWest

Waitrose has plans for a new regional distribution centre (RDC) which will create up to 600 jobs and provide a platform for the chain’s future expansion within the North of England and Scotland.Subject to planning consent, Waitrose has reached...

Asda on expansion spree

Asda is set to open 168 stores in 2011, adding 1.8m sq ft of retail food space in, the largest single year of growth in its history. The additional space is a combination of planned organic growth and the...

Waitrose to expand in Scotland

Supermarket chain Waitrose will open its fourth store in Scotland at Newton Mearns, a small suburban town in East Renfrewshire, in May this year. In Scotland, Waitrose, part of the John Lewis Partnership, works with a wide range of...

Waitrose to open five stores in Channel Islands

UK's leading food retailer Waitrose will soon open five stores in Channel Islands (located between southern Great Britain and northern France).While three of these will be opened in Jersey, the other two will come up in Guernsey. The first...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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