Hints and tips:
...Competitors such as Wm Morrison and Asda, which account for more than a fifth of the market, are struggling with highly leveraged balance sheets....
...It had raised €300mn from investors, which included Swedish group Byggmästaren Anders J Ahlström....
...Meanwhile, executives from Tesco, J Sainsbury, Asda and Wm Morrison on Tuesday told MPs they would support an online scheme that would require petrol stations to share live fuel prices with customers in...
...Specifically, they highlight that BofA-covered companies specializing in engineering, consulting, and construction design for water infrastructure (like ACM, J, MEG, NVEE); companies that sell PFAS removal...
...Industry figures said the so-called big four supermarkets — Tesco, J Sainsbury, Asda and Wm Morrison — had become less price-competitive at the pump because they faced increased competition selling groceries...
...In 2019, the Competition and Markets Authority blocked the proposed takeover of Asda by J Sainsbury, saying the deal would lead to higher prices and less choice....
Discounter and rival Lidl are to Tesco and co what Ryanair and easyJet were to British Airways
...Aldi overtook Wm Morrison to become the UK’s fourth-largest supermarket by market share during the year....
...That auction was won by Wm Morrison, which also had a limited presence in the convenience sector....
...The tribunal ruled that the payments to WMS were unjustified, though it has granted the landlord permission to appeal....
...Whether his thesis stands up against larger competitors such as J Sainsbury is open to doubt....
...J Sainsbury of an “unwillingness to cut their prices to a more reasonable level”....
...As was the case with smaller rival Wm Morrison, the surge in petrol and diesel prices helped sales. Including fuel, same-store sales were up 2.9 per cent in the period....
...Non-food sales at J Sainsbury continued to contract in the first quarter as customers reduced their spending and the retailer stopped selling certain product lines....
...That made for an operating margin of 0.4 per cent, compared with almost 5 per cent at market leader Tesco and 3.4 per cent at J Sainsbury in their latest financial years....
...Discounter Aldi has surpassed Wm Morrison to become the UK’s fourth-largest grocery retailer as measured by Kantar’s rolling 12-week market share data....
...The UK’s competition regulator is set to approve the acquisition of supermarket group Wm Morrison by Clayton, Dubilier and Rice in early June after the private equity group offered to sell 87 petrol stations...
Staff shortages force UK grocers to increase hourly rates and find savings elsewhere
...Wm Morrison has won the battle for McColl’s with a last-minute offer for the crisis-hit convenience store chain that beat a rival bid from petrol station operator EG Group....
...McColl’s was valued at about £200mn when it floated in 2014, but has since found it hard to compete with larger players such as Tesco, J Sainsbury and Co-op....
...J Sainsbury warned underlying profit would be lower than expected this year amid “significant external pressures and uncertainties” including cost inflation and a squeeze on household incomes....
...Besides a similar meal promotion, rival J Sainsbury introduced a “feed your family for a fiver” campaign to promote budget-friendly meal ideas at the end of June....
...McColl’s was valued at about £200mn when it floated in 2014, but has found it hard to compete with larger companies such as Tesco, J Sainsbury and Co-op....
...Both Tesco and J Sainsbury have profited during previous periods of increasing prices....
...McColl’s was valued at around £200mn when it floated in 2014, but found it hard to compete with larger players such as Tesco, J Sainsbury and Co-op....
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