UK's fifth-largest supermarket group, Bradford-based
Sainsbury’s has agreed to sell Argos and the Habitat brand to Swift Partners, a new vehicle led by Richard Pennycook and supported by Trevor Strain and Matt Truman. The deal will see Argos, including its standalone stores and in-store outlets, transferred to Swift, enabling Sainsbury’s to concentrate on its food business. Completion is expected in February 2027 with full separation by 2029.
Inditex’s Lefties opens its first UK store in Liverpool, featuring robotics to sort clothes and a new online-first proposition. The move, part of a broader UK expansion, targets a budget-conscious segment and faces competition from Primark, Shein and others. The retailer plans more UK outlets based on early performance.
Associated British Foods says Primark has acquired a Sheffield warehouse and will offer home delivery in Great Britain in the future, expanding beyond its established click-and-collect model. Primark sales are dipping year-on-year, with UK performance modestly positive while continental Europe weakens. A demerger plan to list Primark separately is targeted for end-2027.
A large fire at the Grand Burstin Hotel on Folkestone’s Marine Parade has led to the evacuation of about 280 guests. Emergency services believe the blaze started in the basement. A welfare centre has been set up as investigations continue and residents are being relocated.
The government has positioned itself as a partner for growth, hosting roundtables with business leaders and regional mayors to push a culture shift toward easier start-ups, reduced costs, and devolved power. Officials warn of a tough Budget environment amid rising borrowing costs and energy prices.
Next has raised full-year profit guidance for the fourth time this year, citing strong half-year performance aided by unusually warm summers. Morrisons reports robust quarterly trading, while Jigsaw showcases momentum, with online growth and international expansion under a turnaround plan.
A wave of grocery testing shows premium labels and own-brand options are colliding on shelves. Independent taste tests highlight best buys in olive oil, pizza, and dressings as prices rise and harvests shift, pressuring shoppers to weigh quality against cost.
Lidl GB has reported a 10% rise in sales to over £13bn, with pre-tax profit up 30% to £245.5m as shoppers chase cheaper meat, fruit and veg and new Deluxe range. Aldi faces scrutiny over loyalty schemes as it expands stores and price cuts amid inflation and supply-chain concerns.
The Guardian and Reuters report that Sainsbury’s has walked away from talks with Morrisons over a multibillion-pound merger. The CMA’s latest stance on Aldi and Lidl shelves shifts could influence future deals, with analysts noting Sainsbury’s could snap up a rival without triggering immediate competition concerns. Talks remain open to restart in the future.
A collection of brief items from five sources covers Neapolitan pastries, a knitting-themed Italian installation in London, Aldi festive foods, and British Fool dessert features. The reporting notes the Guardian piece on mostaccioli, BBC’s Kate Jenkins exhibition, Business Insider UK holiday shelves, and Guardian on Fool and custard comparisons, all dated late October to early November 2026.