Supermarkets
ASDA MERGER PROMPTS FRESH GMB CALLS TO EXTEND CMA POWERS
Merger raises the spectre of a private equity black hole on the UK high street, says GMB Union Asda merger talks which could see the company combine its petrol and supermarket divisions have prompted fresh...
Asda and EG Group, the owners of the UK retailer Asda, are discussing a merger.
The owners of British supermarket company Asda and fuel forecourts operator EG Group are considering a merger, according to the London-based Times on Saturday. According to the newspaper, the merger would create a retail...
Morrison’s begins a second round of price decreases in January.
Morrisons announced more price cuts today, as food inflation continues to strain buyers’ finances. The store has reduced the prices of 820 items, including meat, fruits and vegetables, and confectionary. It has also reduced...
Australia- Supermarket fresh food costs have risen.
Supermarket prices have risen in recent months, with food costs at Coles and Woolworths rising 9.2 percent on average in December. According to UBS research, this is up from an average of 8.2 percent...
In comparison to Morrisons, Sainsbury’s, Tesco, Ocado, and Waitrose, Asda was awarded the UK’s cheapest online supermarket.
The UK’s cheapest online supermarket, Asda, has once again been selected; it is £22.64 less expensive than Waitrose. according to LancsLive, The billionaire Issa brothers’ grocery chain, which is owned in Blackburn, has held...
LloydsPharmacy’s decision to pull out of Sainsbury’s highlights the shakeup in community pharmacies funding, says testing expert
The decision by LloydsPharmacy to withdraw from all Sainsbury’s stores this year comes as no surprise, says a leading testing expert. The current funding crisis facing community pharmacies has left supermarket-based outlets unsuited to...
Davos 2023: JBS urges for technical and financial support to rural producers to fight climate change
JBS Global CEO, Gilberto Tomazoni, participated in a panel at the World Economic Forum to discuss strategies to promote more sustainable land use. São Paulo, January 19 2023 – Gilberto Tomazoni, Global CEO of JBS, the...
EY comments on today’s ONS retail sales figures for Decembe
Silvia Rindone, EY UK&I Retail Lead, comments: “Despite indications that consumers might be delaying their Christmas shopping and many stores starting their January sales earlier to entice shoppers, retail sales volumes fell by 1%...
Britain’s Asda and Morrisons settle London lawsuit against Mastercard
Asda (WMT.N) and Morrisons, two major British grocery chains, have reached a settlement with Mastercard (MA.N) regarding fees assessed to merchants. In accordance with a decision made by the two businesses and a ruling...
Spain- El Corte Inglés receives backing from the EIB with a loan of up to €74 million.
The European Investment Bank (EIB) and El Corte Inglés have signed financing of up to EUR 74 million. It will enable the Spanish company to boost its energy efficiency and digital transformation plan up...