Tesco set to reveal rise in profits as recovery continues

Tesco is expected to report a rise in full year profits this week but the supermarket faces growing shareholder scrutiny of its proposed £3.7bn takeover of Booker.

Aldi is continuing to grow sales, according to new figure from Kantar Worldpanel

Aldi and Lidl reach record market shares, according to Kantar Worldpanel

DISCOUNT supermarkets Aldi and Lidl have achieved a record combined market share of 11.7 per cent of the UK grocery market, according to the latest data from Kantar Worldpanel.

Hugh Rogers is fulsome in his praise for Morrisons.

YP Letters: Checking out the irritations at supermarket

From: Hugh Rogers, Messingham Road, Ashby.

File photo dated 01/08/12 of a store sign on a branch of the supermarket giant Tesco, which has said that it is facing a £129 million fine from the Serious Fraud Office, but will not be prosecuted over claims of false accounting. PRESS ASSOCIATION Photo. Issue date: Tuesday March 28, 2017. See PA story CITY Tesco. Photo credit should read: Rui Vieira/PA Wire

Tesco fined £129m but avoids prosecution over accounting scandal

Tesco has been hit with a £129 million fine from the Serious Fraud Office (SFO), but has escaped prosecution over its accounting scandal.

File photo issued by Ocado of their chief executive Tim Steiner, as the online grocer confirmed the sector's fierce price war is beginning to ease off as the Brexit-hit pound starts to push up prices. PRESS ASSOCIATION Photo. Issue date: Tuesday March 14, 2017.  Photo: Ocado/PA Wire

Ocado says groceries price war is easing off

Online grocer Ocado has confirmed the sector’s fierce price war is beginning to ease off as the Brexit-hit pound starts to push up prices.


Shopping for big box items in Sheffield

A few years ago, shipping containers did exactly what their name suggested and nothing more. However, recently they have been turned into pop-up shopping and eating destinations, with the latest appearing in the Kelham Island/Shalesmoor area of Sheffield. Krynkl is the brainchild of Coda Studios and property agents Fernie Greaves and inside the industrial units are an array of businesses from ZigZag coffee roasters to the massage clinic Knots ’n’ Niggle as start-up and independent ventures cosy up side by side.

File photo of a Budgens supermarket, as more than 800 jobs have been lost after the owner of 34 Budgens stores collapsed into administration. PRESS ASSOCIATION Photo. Issue date: Tuesday March 7, 2017. Food Retailer Group, an arm of business restructuring specialists Hilco Capital, appointed PwC as administrator last month but the accountancy firm has failed to find a buyer for the group.  Photo:  Tim Ockenden/PA Wire

More than 800 jobs axed as stores close

More than 800 jobs have been lost after the owner of 34 Budgens stores collapsed into administration.

Morrisons has enjoyed its fastest sales growth in five years, according to Kantar Worldpanel

Morrisons grows ahead of the market as its revival continues

MORRISONS has delivered its fastest growth in sales in five years, after its performance was boosted by the rapid expansion of its e-commerce business, according to the latest data from Kantar Worldpanel

Retail 2
Former Asda boss Archie Norman outside the Killingbeck, Leeds, branch    Photo: Steve Riding

Former Asda boss Archie Norman linked with top job at Marks & Spencer

The former ITV chairman Archie Norman has reportedly been approached to be the next boss of Marks & Spencer.

Sir Philip Green

Philip Green pays out £363m to pensioners at collapsed BHS

Sir Philip Green has agreed to pay £363 million to settle the pension scheme of collapsed retailer BHS, following months of public outrage.

News 2
Greggs has reported rising sales and profits

Greggs warns over cost pressures

Sausage roll maker Greggs reported rising sales and profits last year after being boosted by its healthy eating ranges, but warned over costs pressures in 2017

A third of UK food is currently supplied by other EU countries.

Retailers urged to drive greater British food self-sufficiency

Britain must become more self-sufficient in food production and build up a stronger local food sector in the face of global uncertainties, a report from food security experts today claims.

News 1
Retail giant Next has announced a change in its senior management team PA Photo/Handout.

Next chairman to step down

John Barton is to step down from his role as chairman of retail giant Next.

Tesco  overcharged on multi-buy offers at two-thirds of stores visited.

Why you may be paying too much for your supermarket multi-buy 'deals'

Tesco is to check the prices of all items in every store after an investigation found customers were being short-changed on promotions.


Aldi has become UK’s fifth largest grocer, says Kantar

Aldi has become the UK’s fifth largest grocer, with sales up 12.4 per cent year on year, according to Kantar Worldpanel.

A panel of industry experts gather at PricewaterhouseCoopers in Leeds to discuss likely trends in retailing in 2017. From left, Dan Stott (Data & Analytics), Rob McWilliam (Innovation), Tom Woodham (Logistics) and Madeleine Thomson (Total REtail).
27th January 2017.
Picture : Jonathan Gawthorpe

Yorkshire has UK’s gloomiest consumers, says new survey

CONSUMER sentiment remained resilient in 2016, with shoppers in the south feeling more positive than those in the north, according to the latest survey from professional services firm PwC.

Business 1
Sir Ken Morrison was proud to be a farmer.

Sarah Todd: Sir Ken – the retail tycoon with deep roots in the land

HOW do you make a million at farming? The answer is, of course, start with two million and work hard. You’ll end up with a million left – if you’re lucky.


Video: Bargain hunters queue by the hundred at new Guiseley Aldi to see Brownlees

HUNDREDS of people queued in the dark outside a new Yorkshire supermarket this morning to try to get their hands on a £40 laptop and catch a glimpse of Olympic heroes Jonny and Alistair Brownlee.

News 4
Sir Ken Morrison deserves to be remembered as one of the greatest ever Yorkshiremen.

YP Comment: Sir Ken Morrison and a priceless legacy

SIR Ken Morrison was not just a successful Bradford businessman who transformed his family’s two egg and butter market stalls from humble beginnings into the supermarket empire that proudly carries his name to this day – he deserves to be remembered as one of the greatest ever Yorkshiremen.


Supermarket giant Ken Morrison dies at 85

Sir Ken Morrison, who was instrumental in growing supermarket Morrisons into one of the UK’s largest retailers, has died aged 85 following a short illness.

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