Moody's, one of the biggest international credit rating agency, predicts that Tesco, Sainsbury's, Asda, and Morrisons will see continued to see dwindling profit margins over the next 12 to 18 months.
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The grocery retail sector will never be the same again in the wake of the TescoGate accounting scandal now the lid has been lifted over supermarket and supplier relations.
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Leading analysts and trade experts are divided over whether the Tesco accounting scandal will have ramifications for the wider trade. Some say there will be "no change whatsoever" in the retail landscape, while others say the change will be "seismic".
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The suspension of Dan Jago, head of wine, and seven other directors at Tesco has left the retailer rudderless and "fighting fires" as it heads into Christmas and the busiest trading period of the year.
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In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.
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"It's been a long time coming, and if fear were the basis on which decisions were made, then Ataraxia would never have been born," says South African winemaker, Kevin Grant of his latest, patiently-maturing winemaking venture.
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Wine Australia is to hold a special event to celebrate the life of Yvonne May who headed up the UK office before she lost her battle with cancer this summer.
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Emerging talents in the wine trade have the chance to attend this month's world leaders' conference, Wine Vision, by winning a special grant as part of Harpers Rising Stars initiative.
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There is growing frustration amongst both independents and suppliers that have signed up to the Harpers Best Practice Guidelines over those companies, particularly the large national distributors, that have not done so.
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Open communication and a clear channel management strategy are they key to a strong, healthy relationship between independents and suppliers was the key message from yesterday's Harpers debate been leading independent merchants and suppliers.
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Former Somerfield head wine buyer Angela Mount has said buyers can be forced into going back on supplier deals and bringing money forward when supermarkets face difficult financial situations.
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Waitrose is making its drinks department more of a destination by upping the ante on its in-store dining plans - with plans to ramp up grazing options by adding steak bars and by serving fresh beer.
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Bibendum expects spirits to perform strongly in the run-up to Christmas after rum and gin sales shot up in the past 12 weeks, and the number of on-trade venues selling cocktails has grown by one third in the past year.
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How wine suppliers can work better and more efficiently with independent retailers will be the subject of a key Harpers debate being held this morning in London between leading figures on both sides.
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Think of Fuller's and you think of beer. The west London-based group owns nearly 400 pubs and hotels, and the guest beer and take-home market has made its London Pride one of the most popular ale brands in the UK, writes Nigel Huddleston.
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Harpers has once again linked up with Wines Direct to analyse the shopping trends of consumers buying South American wines online.
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In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.
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Morrison's announced it is newest strategy in taking on discount grocers Aldi and Lidl for the first time with the introduction of the a new price-matching loyalty card scheme called 'Match & More.'
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The competition to stand out not just on-shelf but also on-screen means there is intense pressure on wine producers, suppliers and, most of all, the creative and design agencies behind the labels to really up their game. Here are the results from the first worldwide Harpers Design Awards where we invited entries from around the world, attracting designs from the US, Australia and across Europe.
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When it comes to driving best value at a lower cost there is a lot to learn from the Lidl buying philosophy, says Angela Mount
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