Tesco profits dive 20% despite surging grocery sales during pandemic

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Tesco has revealed that its profits tumbled by around a fifth over the past year after coronavirus costs of almost £900 million offset surging...

Tesco set to reveal higher sales after pandemic boom

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Tesco is expected to post rising sales as its supermarkets stayed open throughout the pandemic. However, the UK’s biggest grocer is also expected to reveal...

Morrisons to stop selling plastic carrier bags in shops

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Morrisons has said it will become the first UK supermarket to completely remove plastic carrier bags from its stores. The Bradford-based grocer said customers will...

Co-op repays furlough support but holds onto £66m of business rates relief

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The Co-op has said it will repay the Government £15.5 million it received in furlough support during the height of the pandemic but stopped...

Iceland boss backs calls for digital sales tax to aid high street revival

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The boss of Iceland has called for a digital sales tax to help support the recovery of the high street. Richard Walker, managing director of...

About 117 million fewer supermarket trips made compared with year ago

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Grocery sales rose 7.4% in the 12 weeks to March 21 in a marked slowdown compared with previous months, according to new data from...

Asda workers win Supreme Court fight for equal pay

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Asda bosses have lost a Supreme Court equal pay fight with store workers. More than 40,000 Asda store workers, about two-thirds of whom are women,...
Asda Supreme Court fight

Asda waits for Supreme Court ruling on equal pay fight

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Asda bosses are waiting for a ruling on a Supreme Court equal pay fight with store workers. More than 40,000 Asda store workers, about two-thirds...

McColl’s losses narrow amid pandemic sales jump for convenience stores

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McColl’s has said its losses narrowed over the past year as more people shopped at their local convenience store during the pandemic. The retailer told...

Asda chief executive to step down following billion-pound buyout

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Asda’s chief executive has said he will step down next year following a billion-pound buyout of the firm. Roger Burnley said he will leave the...