The Co-op is under fire after admitting to a staggering 107 breaches of an order designed to prevent supermarkets from unfairly blocking rival stores from opening nearby. The Competition and Markets Authority (CMA) has expressed serious concerns over the sheer scale of these breaches, which effectively stifled competition in numerous locations.
CMA Expresses Concern
The CMA stated they were concerned by the 'very large number of breaches' committed by the supermarket chain. These breaches involved the Co-op imposing restrictions that unlawfully prevented rival supermarkets from establishing a presence in 107 different locations. This action effectively limited consumer choice and hindered fair competition within the grocery market.
It's important for consumers to have options when it comes to grocery shopping. When companies try to stifle competition, everyone loses. The CMA is determined to ensure fair play in the market.
World Book Day and Costume Pressures
In other news, a recent Opinium survey of 2,000 UK residents reveals the pressures surrounding World Book Day. The study suggests that over a fifth (22%) of parents feel pressured to spend big on costumes in order to impress. The event sparks a competitive streak in some parents.
Hot Cross Buns Get a Modern Twist
Speaking of competition, UK retailers are battling it out with innovative takes on the traditional hot cross bun. Supermarkets, bakers, and chefs are modernising this Easter favorite with everything from tiramisu to jerk lamb.
“Is nothing sacred?” one might ask. But the hot cross bun, traditionally a spiced bun served with butter and tea around Good Friday, is clearly undergoing a transformation. A quick trip to the supermarket this year will reveal an abundance of alternative hot cross buns, flavored with lemon curd, salted caramel, or tiramisu.
There are even buns infused with rhubarb and custard or Red Leicester cheese. Head to Asda for a tiramisu version, or Co-op for one cross-germinated with apple crumble. It seems the Easter season is bringing out the adventurous side of UK retailers!