Reports
The Top 10 Most Environmentally Friendly Supermarkets: Leading the Way in Sustainability and Ethical Practices
As consumer awareness around environmental sustainability and ethical practices grows, supermarkets worldwide are increasingly prioritizing their environmental impact. These leading retailers are not only adopting greener practices but also spending significantly to ensure their...
Global Supermarket Industry Expansion Forecast to 2027
Overview of the Market Forecast The global supermarket industry is set for substantial growth, with a projected increase from $1634.55 billion in 2023 to $1769.68 billion in 2024, reflecting a robust compound annual growth...
World’s Top-Selling Snack Revealed
New study reveals the most popular snack brands – Oreo tops the list A new study has identified the most popular US food brands based on Instagram hashtags. Oreo has been revealed as by...
The Shrinkflation Phenomenon: Squeezing Suppliers and Consumer Pockets
In recent years, consumers may have noticed a subtle but significant change in their everyday purchases. That box of cereal seems a bit lighter, the bag of chips a tad smaller, yet the price...
The Evolution of Consumer Preferences: Price vs. Service in Supermarkets
In the dynamic landscape of consumerism, the debate between price and service has long been a focal point, especially within the realm of supermarkets. Over the last decade, we’ve witnessed a notable shift in...
UK Retail Sector Report: Signs of Recovery Amid Economic Challenges
UK Retail Sector Report: Signs of Recovery Amid Economic Challenges” The UK retail sales sector is showing encouraging signs of recovery following a period of sluggish growth and economic uncertainty. After hitting a two-year...
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...