Keyword » price war

Aldi reports record sales but profits hit by price war

Discount supermarket Aldi has reported record sales in the UK and Ireland for 2015 and said it will invest £300m in revamping its stores, but profits have been hit by the supermarket price war.

Asda suffers largest quarterly sales decline in history

Supermarket giant Asda has been hit with the biggest sales decline in its history, as like-for-like sales decreased by 7.5%.

Asda warned against irrational price war

Bosses from retailer Sainsbury’s have suggested that starting a price war would be not be a logical step forwards for rival retailer Asda.

Federation of Bakers
L-R Black, Garner, Peck and Gordon Polson, director of the Federation of Bakers sit a Q&A panel
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AUDIO: FOB conference gives verdict on supermarket bakery

The bread and bakery industry's "pint is half full" according to speakers at the Federation of Bakers’ (FOB) annual conference. 

Tesco suffers record loss

Tesco has posted a record £6.4bn annual pre-tax loss for the year to the end of February.

Kingsmill
ABF: competitive bakery market
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ABF warns of lower profit for Kingsmill, amid competitive market

Associated British Foods (ABF) has said the UK bakery market “remains intensely competitive” and expects Kingsmill owner Allied Bakeries’ profit to be lower than last year as a result. 

Hovis loaf
Hovis 800g price down to 75p in Sainsbury's
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Sainsbury’s escalates bread price war

Sainsbury’s has added to the supermarket bread price war by slashing prices of large Hovis loaves to 75p. 

Morrisons extends price cuts

Supermarket giant Morrisons has further cut prices in another effort to win back customers amid discounter competition.

New bread price war could spell ‘race to the bottom’

Loaves at 75p are at the front line of a new price war between the major multiples, which campaigners say threatens to become a “race to the bottom”.

Sainsbury’s suffers in fourth quarter

Sainbury’s has revealed its fourth-quarter like-for-like sales (LFLs) were down 3.8% and said last year it had benefited from the horsemeat crisis during the same period.

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