Big Four Supermarkets Lose £5 To £7 On Every Online Order

The growing popularity of grocery delivery has left a £500m black hole in the profits of UK’s biggest supermarkets which will worsen as more shoppers use the service.

Dan Murphy, a partner at global retail consultants Kurt Salmon, is warning that supermarkets are caught in an “Emperor’s new clothes” scenario and have “blinded themselves to the reality” of the loss-making nature of food delivery.

Read the full article on the This is Money website

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