Booker news

Leading UK food & grocery retailer, Tesco has announced total retail sales up 5.1%, reaching £56.6bn (ex fuel) for the twelve-month period to 25 February 2023. Within its key region (UK & the Republic of Ireland) sales were up 4.7% to £52.4bn, while trading was more buoyant in Central Europe, where sales grew by 10.0% to £4.2bn. However, profitability was challenged (especially in UK & ROI) by th...

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...

We look inside the first Motor Fuel Group forecourt that features a Pret A Manger store. Full on-site Pret kitchen offering those that want a more premium experience Source: IGD Research With mobility recovering, the site will benefit from Pret’s brand-pull and strong food offer  MFG Southgate provides consumers access to Pret’s freshly made food and organic coffee when they...

Details on the performance of Tesco’s wholesale subsidiary, Booker, in its H1 results (six months to 28 August) show how the continuing influence of the pandemic episode is still affecting outcomes for food wholesaling across the two key customer channels, namely independent retailing and foodservice. As expected – foodservice the key contributor to wholesale growth In contrast to 2020 it’s s...

Tesco has report small advance in sales in its first quarter results as it annualises against the surge at the start of the pandemic. Investing in online, delivering on value and driving loyalty will be key priorities as the business looks forward. 13 weeks ended 29 May 2021   £bn One-year LFL Two-year LFL ...

Leading UK food and grocery wholesaler, Booker has relaunched its website suite on 19 January, bringing a long-awaited, updated transactional experience to its extensive online B2B customer base.  Now optimized for mobile access, the new website offers a significant step-on in look and feel and flexibility of use, while retaining key aspects of layout and taxonomy that have become familiar to the...

Tesco has reported a very strong set of results in the UK and Ireland, with trading momentum from Q3 accelerating into the Christmas trading period. However it also warned of increasing Covid costs as the pandemic becomes more severe. These are now expected to reach £810m for the full year, up £85m from the previous estimate in October. Headline LFL results   Q3: 13 w...

Trade press reports have revealed that Booker is launching a Jack’s discount store concept to add to its stable of symbol fascias, which includes Premier, Londis, Budgens and Family Shopper.  This development comes in the wake of the launch of Jack’s branded private label products through Booker, Tesco’s wholesale arm, in September.  The brand was originally developed as part of the Jack’s discou...