Cencosud to acquire 67% stake in The Fresh Market for $676m
The Fresh Market has 160 stores and reported revenues of $1.93bn last year.
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Woolworths launches QR code payment system for Everyday app
The system aims to provide customers with a 'seamless' way to pay and allow them to earn reward points.
Morrisons agrees to buy struggling convenience chain McColl’s
The retailer has offered to take over McColl’s two pension schemes, which have around 2,000 members in total.
Cencosud Brazil agrees to acquire GIGA for around $100m
GIGA operates ten stores in Grande San Pablo and one distribution centre.
UK retailer McColl’s appoints administrators and suspends trading
The board intends to carry out a business sale to a third-party purchaser.
CMA may accept Morrisons’ buyer’s offer to sell petrol stations
The regulator is currently consulting on the proposals for the sale of the petrol stations.
Coles pilots electric truck for deliveries in New South Wales
The retailer expects to avoid more than 60t of carbon dioxide-equivalent emissions a year by using the truck.
Sainsbury’s registers 3.4% increase in retail sales for FY22
The retailer expects an underlying profit before tax between £630m ($787.94m) and £690m ($863.19m) for FY23.