Supermarkets Flashcards
(9 cards)
What breaches did Morrisons commit related to land agreements?
55 breaches of land agreements from 2011 to 2020, restricting competitor access. No fine, but required to amend agreements.
What was the 2024 salmon price-fixing allegation involving UK supermarkets?
UK supermarkets (including Asda, M&S, Ocado, etc.) filed a claim for £675 million in losses due to an alleged cartel among salmon suppliers between 2011 and 2019.
What penalty did Asda face in 2023 during the CMA fuel pricing inquiry?
£60,000 fine for failing to provide data to the CMA. Inquiry revealed increased fuel profit margins contributing to higher consumer prices.
Who is the biggest supermarket chain in the UK by market share?
Tesco, with approximately 27% market share as of 2024.
Who are the ‘Big Four’ supermarkets in the UK?
Tesco, Sainsbury’s, Asda, and Aldi.
Which UK supermarket is the largest private sector employer?
Tesco, employing over 300,000 people in the UK.
What is the estimated number of employees in the UK supermarket sector?
Over 1.2 million people are employed in the retail grocery sector in the UK.
Which trade union represents many supermarket workers in the UK?
Usdaw (Union of Shop, Distributive and Allied Workers) – represents workers at Tesco, Sainsbury’s, and others.
What role does Usdaw play in the supermarket industry?
Usdaw negotiates pay, working conditions, and employee rights for supermarket staff, particularly during store closures, wage disputes, and redundancies.
