Reports
Asda delivers more than £1bn of underlying profit and significant strategic progress in 2023
Adjusted EBITDA after rent up by 24% to £1.078bn in 2023 – four consecutive quarters of YoY growth Like-for-like sales increased by 5.4% – and total sales (excluding fuel) increased by 7.1% to £21.9bn...
A Retail Giant’s Journey: The Evolution of Tesco
In the bustling landscape of retail, few names resonate with as much significance and longevity as Tesco. From its humble beginnings as a market stall in the East End of London to its status...
Asda becomes the first UK supermarket to launch online prescription service
Asda has today announced it has become the first UK supermarket to launch an online prescription service. The retailer has partnered with Pharmacy2U, the largest NHS approved online pharmacy in the UK, to launch...
Understanding Industrial Refrigeration
Understanding Industrial Refrigeration Industrial refrigeration plays a vital role in multiple industries such, as food and beverage, pharmaceuticals and chemicals. It utilizes large scale refrigeration systems to ensure that perishable goods are stored, processed...
UK Retail Sector Faces Challenges Despite Decrease in Profit Warnings in 2023, EY-Parthenon Report Reveals
In a recent report by EY-Parthenon, it has been disclosed that companies listed in the UK FTSE Retailers sector issued 24 profit warnings in 2023, marking a notable decrease from the 36 issued in...
Auchan Supermarket: A Global Retail Presence Making a Difference”
In the vast landscape of global supermarkets, Auchan stands out as a noteworthy player, making a significant impact on consumers worldwide. With its roots in France, Auchan has steadily expanded its footprint, demonstrating a...
The Surge of Private Label Products: A Shift in European Consumer Preferences
In recent years, a significant transformation has taken place in the European retail landscape, marked by the escalating popularity of private label products. The Private Label Manufacturers Association (PLMA) trade exhibition, considered the industry’s...
Analyzing Challenges and Initiatives in Algerian Export Dynamics
By Riad Beladi Market and export analyst Algeria, endowed with abundant oil and gas resources, low production costs, a youthful population, and a strategic geographic position, faces impediments to smooth international trade. This report...
Thriving Against the Odds: UK’s Organic Market Hits Record £3.1 Billion Amidst 2022 Challenges
Soil Association Certification’s Organic Market Report for 2023 unveils a noteworthy milestone, as the UK’s organic market has reached a record value of £3.1 billion. This growth is attributed to a 1.6% increase in...
UK Retailers Warn of Inflation Risks Amid Government Measures and Brexit Challenges
UK inflation has retreated ahead of this crucial Christmas shopping season, according to the British Retail Consortium (BRC). The BRC cautioned Chancellor Rishi Sunak about potential repercussions on the cost of living crisis, expressing...