Mar 2, 2018 | News, Retailing, Wholesaling
Shareholders have now voted in favour of Tesco’s takeover of Booker, in a deal that was valued at £3.7 billion when it was agreed in January 2017. The deal, which will see Tesco take over the cash-and-carry business that also owns store chain Londis and grocery...
Mar 1, 2018 | News, Retailing
A plastic-free supermarket aisle has been unveiled in Amsterdam, which will see more than 700 products without plastic packaging become available, prompting calls for UK retailers to follow suit. The reportedly “world-first” plastic-free aisle has been set up in a new...
Feb 21, 2018 | News, Retailing
Asda has reported a 0.5% rise in like-for-like sales, but gross profit margins have dipped, for the fourth quarter ending 31st December. Without disclosing the exact amount of its profit’s decrease, owner Walmart attributed the slip to “on-going price investments”....
Feb 15, 2018 | News, Retailing
Lidl UK has taken its total store count in Great Britain to 700 with the opening of five new stores, creating over 700 new jobs in January and February. The new stores in Edinburgh, Stockton, Hull, Polegate and Rosehill (South London), form part of Lidl’s £1.45...
Feb 15, 2018 | News, Retailing
Iceland has revealed the first ranges that are expected to save a total of 150 tonnes of plastic every year, following its vow to eliminate plastic packaging by the end of 2023. The new street food and children’s range – Mumbai Street Co and Hungry Heroes – will...
Feb 5, 2018 | News, Retailing
Booker Group’s current chief executive, Charles Wilson, has been appointed as CEO of Tesco’s retail and wholesale operations in the UK and Republic of Ireland. He will take up the role upon completion of the retailer’s merger with Booker Group, expected to be 5th...
