Mar 9, 2020 | News, Retailing
Tesco has agreed to sell its businesses in Thailand and Malaysia for $10.6bn following “inbound interest” from a combination of business, including Thailand’s largest private company, Charoen Pokphand. The supermarket says the sale will “further de-risk the Tesco...
Mar 6, 2020 | News, Retailing
Tesco will be cutting prices on hundreds of products in an effort to match the prices of rival-supermarket Aldi. Products such as Tesco ripe bananas, Tesco whole cucumbers and Warburtons toastie sliced white bread will be reduced in order to compete with the...
Feb 14, 2020 | News, Retailing
A report by GlobalData suggests that the food and grocery market in the UK will be worth £174.5bn by 2024, with the ‘big four’ supermarkets set to lose out on a further £1.9bn of the total market. The company’s latest report, ‘UK: Food & Grocery 2019-2024’,...
Feb 4, 2020 | News, Retailing
Latest figures from Kantar reveal that more than twice as many consumers purchased plant-based products in January compared to December, with health reasons being cited as the main reason for the uptake in sales. According to the research, nearly half of the people...