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Retail intelligence report 2026/27

Six trends from the 2025/26 UK grocery results cycle and what they mean for the dairy supply base

Steve Moncrieff24 April 202611 min read

Independent analysis by The Dairy Mail. Not sponsored; the interpretation is our own.

Blurred illuminated Dairy sign above a supermarket chilled aisle

The barbell year Six trends from the 2025/26 UK grocery results cycle

Every major UK grocer has now filed preliminary results for 2025/26. Read alongside each other, they describe a restructured dairy and cheese supply base by 2028, and a positioning year immediately ahead for every business trading into it.

Why this report

The 2025/26 results cycle is the most revealing the UK grocery sector has produced since the pandemic. Every major retailer has now reported. The numbers are not ambiguous, and neither is the direction of travel for anyone supplying them with cheese and dairy.

What follows is a reading of that cycle through one question. What does it mean for the British dairy supply base over the next eighteen months?

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Published by The Dairy Mail, Dairy Connect: https://www.dairy-connect.com/the-dairy-mail/retail-intelligence-report-2026-27/

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