Tesco, the UK’s leading supermarket, has reported a significant improvement in profits, prompting an upward revision in its profit forecasts.The company has witnessed a 10% rise…
Browsing: market share
In an impressive performance, American Golf has successfully increased its sales and market share, despite unfavorable weather conditions impacting play.The retailer reported a significant 1.8% rise…
Recent data from NIQ reveals a decline in market shares for Asda and Aldi amidst cooling supermarket sales.Asda’s market share fell to 11.8% from 13.1% over…
Mohsin Issa, co-owner of Asda, is stepping back from daily operations to prioritize his role at EG Group amidst a period of declining market share for…
Mohsin Issa steps back from Asda to prioritize his role at EG Group amid declining sales.Mohsin Issa shifts focus to EG Group, leaving Lord Rose to…
Following Asda’s acquisition by TDR Capital and the Issa brothers, the supermarket chain is reportedly not reaching its expected potential, as noted by a former executive.The…
Aldi’s growth in the UK grocery market is significant, prompting questions about its potential to overtake Asda.The German retailer’s pre-tax profits surged to £536.7 million, more…
John Lewis Partnership anticipates significantly higher profits this year, marking a positive shift in its financial trajectory.The company’s pre-tax losses have narrowed substantially, with sales seeing…
Waitrose has announced significant growth in its half-year results, reporting a £75 million increase in operating profit and a 1.2% rise in gross margin, signaling its…
Recent market dynamics reveal significant shifts in the grocery sector.Lidl’s sales surged by 9.1%, bolstered by successful promotions.Asda experienced a 5.6% decline in sales, impacting its…