Tesco’s profits surge: Capitalising on ‘differential’ pricing and grocery deliveries
Tesco’s profit surge for the six months, ending in August, was not surprising but rather indicative of its efficient pricing…
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EG Group looking to buy Asda from Walmart in shrewd move
As Walmart offers a majority stake in UK supermarket giant Asda, Euro Garages Group have been named as the current…
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Tesco sets ambitious sales target for plant-based alternatives
Tesco is the first UK retailer to set a plant-based sales target, which aims not only boost revenues but provide…
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Aldi will continue with the UK expansion as profits rise
Aldi has reiterated its plans for the UK store expansion as it announces a 49% rise in profits in 2019.…
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Ocado reports positive early signs from new M&S partnership
Despite initial issues Ocado’s switch from Waitrose to M&S this month has yielded positive results so far The launch day…
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Carrefour to strengthen its position in Spain through acquisition of 172 stores
French multinational retailer Carrefour has agreed to acquire 172 stores under the Supersol banner in Spain, which will consolidate its position…
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Chinese e-commerce giant JD.com thriving in pandemic
Some companies around the world have faced irreparable damage as a result of Covid-19, but few have flourished. However, JD.com…
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Amazon looks to expand UK food retail operations
Amazon will offer UK Prime members free delivery on groceries as it seeks to establish a foothold in the food…
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Tesco offloads Polish division after 25 years following its strategy to slim down operations
Britain's biggest supermarket Tesco has sold its stores in Poland to Salling Group’s discount banner Netto. Total enterprise value agreed…
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Under Armour struggles to get on with market overhaul amid pandemic crisis
Rising sports apparel company to terminate major university partnerships Pandemic crisis forces Under Armour to discontinue UCLA and Berkeley outfitting…