Retail news
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Rivals unsettled by price guarantees says Asda
- Posted:
- 23 February 2011 09:57
Supermarket chain Asda has claimed that its price guarantee initiative has "ruffled" the feathers of its rivals.The UK's second-biggest supermarket group said like-for-like sales increased by 1.6% in the final quarter of 2010 after it revamped its own label ranges and introduced a guarantee in April that its prices would ...read more
Aldi and Lidl see market share soar
- Posted:
- 03 February 2011 10:12
Budget chains Aldi and Lidl have seen their respective market share soar in the three months to January 23rd as consumers tightened their purse strings.In the latest figures from Kantar Worldpanel, Aldi's market share increased from 2.9% to 3.1% in the 12-week period compared to the year before - an ...read more
Asda reprimanded over price guarantee ads
- Posted:
- 02 February 2011 09:24
Asda has been reprimanded for its original price guarantee ads following complaints from rivals Morrisons and Tesco, a watchdog said.The TV and national press ads promised to refund customers the difference off their next shop if they found their groceries cheaper elsewhere, namely Tesco, Sainsbury's and Morrisons.Morrisons and Tesco complained ...read more
Waitrose tops satisfaction survey
- Posted:
- 26 January 2011 09:31
Waitrose has topped an annual supermarket satisfaction survey while budget stores Lidl and Aldi have again outperformed the "big four", according to a consumer watchdog.The Which? survey of more than 12,000 members placed Waitrose in the top spot for the second year running, receiving a score of 85% and praise ...read more
Retail sales figures to reveal impact of snow
- Posted:
- 21 January 2011 09:40
The Office for National Statistics (ONS) is expected to reveal a 0.3% drop in sales volumes in its Retail Sales Index for December as shoppers stayed at home to avoid the Arctic conditions.The full impact of the freezing temperatures and heavy snowfall has been unclear so far as a flurry ...read more
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