UK: latest retail news, insights and analysis | ESM Magazine

Retailer Asda Sees Underlying Profit Up 24%

Asda, Britain's third biggest supermarket group, has reported a 24% rise in annual earnings, reflecting a 7.1% rise in total sales and also said it had cut...

UK Retail Sales Stagnate Despite Easing Inflation

British retail sales stagnated in March despite high inflation easing recently, representing the first time that they have not grown in monthly terms since...

Discounter B&M Expects Full-Year Profit At Top End Of Guidance

British discount chain B&M European Value Retail S.A. has forecast a 9.8% increase in full-year profit at the top end of its guidance as it reported a...

Tesco Expects Profits To Increase In 2024/25 Full Year

Tesco has forecast a further increase in profit in its new financial year as strong demand and new customers helped it to post a 11% jump in 2023/24.

Easter Food Spending Lifts UK Retail Sales By Most Since August

An early Easter boosted food spending in Britain last month, lifting retail sales by the most since August, but the broader picture remained subdued as wet...

Britain's Co-op Sees Profit Fall Following Petrol Forecourt Sale

The Co-operative, which runs Britain's seventh-biggest supermarket chain, has posted a drop in annual pretax profit, following the sale of its petrol forec...

Lower Inflation Set To Tempt Shoppers Back To UK Stores, Says NIQ

With the UK now experiencing lower food inflation, the "next battleground" for the country's top retailers is likely to focus on encouraging shop...

Waitrose Announces Price Cuts On More Than 200 Products

Upmarket UK retailer Waitrose & Partners will lower the prices of over 200 daily essentials, including everyday foods like chicken breasts, potatoes, b...