Keywords: Supermarket


Morrisons explores £600 million property deal with US investor Realty Income, Sky News reports

British supermarket group Morrisons is reportedly exploring a major real estate transaction worth around £600 million ($803 million) as the retailer seeks new strategic opportunities for its property assets. According to Sky News, citing industry sources, Morrisons is in discussions with several......

Heatwave reshapes French shopping habits as chocolate, coffee and sugar sales plunge

France’s latest heatwave has significantly altered consumer purchasing habits, with supermarket sales of several everyday products falling sharply as soaring temperatures changed eating and drinking patterns. While demand for ice cream, bottled water, fans and cold meals surged, hot beverages,......

Hostage situation unfolds at Berlin supermarket as police launch major response

German police have launched a major security operation after a man allegedly took a woman hostage inside a supermarket in Berlin, with negotiations continuing as authorities work to resolve the situation safely. According to Berlin police, the incident began on Friday evening when the suspect seized......

Sainsbury's warns Middle East tensions could keep UK food inflation elevated

Britain's second-largest supermarket chain, Sainsbury's, has cautioned that geopolitical instability in the Middle East is likely to place additional upward pressure on food prices, with the effects expected to become more visible during the summer months. Speaking after the retailer released......

Heatwave disrupts chocolate supply in French supermarkets as retailers suspend deliveries

Severe heatwave conditions across France have begun to disrupt retail supply chains, with some supermarket operators temporarily suspending chocolate deliveries due to concerns over product quality during transport and storage. Retailers say that rising temperatures are making it increasingly difficult......

Asda reports near £1 billion annual loss amid price-cut strategy

British supermarket giant Asda has reported a near £1 billion annual loss, highlighting the financial challenges facing retailers as they compete for customers in an increasingly price-sensitive market. According to the company’s latest financial results, Asda recorded a pre-tax loss of......

Supermarket manager arrested after alleged €280,000 goods fraud scheme

A supermarket manager from Eysines, in southwestern France, has been arrested after being accused of diverting goods worth approximately €280,000 from his store and reselling them on a parallel market. According to investigators, the alleged scheme ran for several months and involved large quantities......

Asda profit drops amid aggressive price cuts strategy

British supermarket chain Asda has reported a significant decline in its annual core profit, highlighting the impact of its ongoing price reduction strategy aimed at attracting more customers in a highly competitive retail environment. The company’s earnings fell sharply over the past year, reflecting......

Auchan to sell 91 supermarkets to Intermarché amid financial struggles

French retail giant Auchan is planning to sell 91 of its supermarkets to Intermarché as part of a broader partnership aimed at rebranding its stores. The move comes as Auchan faces financial difficulties and seeks to restructure its operations. The agreement, initially signed in November, involved......