As the Competition and Markets Authority publishes its report into Morrisons takeover of McColl’s and the Asda on the Move banner continues to open new stores, we round up developments from the channel. Morrisons takeover of McColl’s will ‘ not harm the vast majority of shoppers or other businesses ’ The Competition and Markets Authority (CMA) has published its results of its initial invest...

As Tesco releases its annual results, Senior retail analyst Nick Gladding shares his initial thoughts on today’s numbers and what they tell us about the direction of travel at the UK market leader. Strong performance across the group drives sales and profits Group sales growth of 3.0% in the year to February 2022 is undoubtedly impressive against highly challenging pandemic elevated compara...

Tesco has lifted its profit forecast following very positive Christmas trading. In this article we explore what drove this success and how it plans to continue the momentum in the year ahead. Value and quality drive UK growth Tesco’s 0.3% growth over the six weeks to January 8 th and 8.8% over two years confirms the retailer’s position as one of the key winners from the Christmas trading p...