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UK supermarket Morrisons says performance improving under new boss

UPDATE 2-UK supermarket Morrisons says performance improving under new boss Rami Baitieh joined as CEO in November Q1 underlying sales up 4.6% Key customer metrics improving Industry data shows firm losing market share Adds CEO quote paragraph 5, detail paragraphs 9 to 12 By James Davey LONDON, March 27 (Reuters) - British supermarket group Morrisons reported a seventh straight quarter of underlying sales growth and said its overall performance was improving under new CEO Rami Baitieh.
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British grocery price inflation slows to 4.5%, Kantar says

British grocery price inflation slows to 4.5%, Kantar says UK grocery inflation at lowest level since Feb. 2022 -Kantar 23% of UK households still struggling financially -Kantar Ocado was fastest growing grocer in 12 weeks to March 17 -Kantar Asda was laggard with sales up 0.2% -Kantar Aldi sales up 3.1% but market share edges lower -Kantar By James Davey LONDON, March 26 (Reuters) - UK grocery price inflation eased this month to its lowest level since February 2022, but nearly a quarter of Brit
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British Business - March 20

PRESS DIGEST-British Business - March 20 March 20 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Unilever ULVR.L said on Tuesday it will split off its ice cream business and cut 7,500 jobs. - AstraZeneca AZN.L struck a deal with Canadian company Fusion Pharmaceuticals, valuing up to $2.4 billion, developing next-generation cancer treatments in its second acquisiti
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Christmas dinner wars: UK watchdog raps Aldi over Sainsbury's price comparison

Christmas dinner wars: UK watchdog raps Aldi over Sainsbury's price comparison By James Davey LONDON, March 20 (Reuters) - Britain's advertising regulator has upheld a complaint from supermarket group Sainsbury's SBRY.L that German-owned discounter Aldi's ad comparing the prices of their Christmas dinners was misleading. Sainsbury's is the second largest supermarket group after Tesco TSCO.L in Britain's 230 billion pound ($293 billion) grocery market, while Aldi is No.
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Tesco loses appeal in Lidl yellow circle branding case

UPDATE 1-Tesco loses appeal in Lidl yellow circle branding case Adds background and reaction throughout LONDON, March 19 (Reuters) - Britain's biggest retailer Tesco TSCO.L on Tuesday lost an appeal against a ruling that it infringed German discount supermarket Lidl's trademark over the use of a yellow circle on a square blue background. The decision likely signals the end of the legal battle between the rival retailers, which began in 2020 when Lidl sued Tesco after Tesco adopted a yellow circl
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