Aldi and Asda have seen their market share fall according to fresh data from analysts NIQ. Asda’s share plummeted to 11.8% in the 12 weeks to 7 September, from 13.1% a year ago. Meanwhile, Aldi’s share also slipped from 10.7% to 10.3% over the same period. The decline of Asda tallies with rival analyst Kantar’s data, which found that its share had...
Frasers Group has made a series of strategic acquisitions and partnerships in the Benelux region, strengthening its international ambitions. In the Netherlands – following the acquisition of Sprinter stores earlier this year – Frasers is opening nine new Sports World stores. Four of these have already opened, with an additional five locations confirmed...
The Range and Wilko’s parent firm CDS Superstores has partnered with THG Fulfil, the delivery solution from the online group’s Ingenuity arm, which will provide fulfilment and courier management services for the chains. The tie-up will support the home, leisure and garden retailers’ omnichannel expansion. As part of the agreement, The Range owner...
Pret A Manger sales surged 22% to £1.1bn in 2023 powered by its international expansion, as the growth continued in its first half of 2024. Sales jumped 10% to £569m in the first six months of the year, with same-store sales nudging up 3%. Its overseas expansion has taken the coffee and sandwich shop to 18 markets, and now £1 in every £4 now spent...
Asda has confirmed co-owner Mohsin Issa is stepping back from his executive leadership role to focus on his previously announced position as sole CEO of EG Group. Chair Lord Rose will take over the running of the chain, alongside TDR partner Rob Hattrell, the former boss of eBay in Europe and an ex-Tesco executive. Issa remains as a co-owner of the...
Moonpig said it is on track to meet its 2025 guidance despite the ongoing a challenging environment and consumers pulling back on larger gifting. In an update this morning, the online retailer said its trading was in line with expectations thanks to “consistent strong sales and orders performance at Moonpig supported by steady progression at Greetz...
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