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BRITISH SUPERMARKET GROUP
Britain's tea supply face disruption from Red Sea crisisShipping disruptions in the Red Sea could lead to potential supply chain disruptions for major clothing retailers like Next, Pepco Group, P...- British online supermarket Ocado keeps guidance after return to first-half underlying profitThe group, whose shares surged last month after a report of possible takeover interest from Amazon, made earnings before interest, tax, dep...
- British online supermarket chain Ocado launches first robotic warehouse in Asia with AeonThe warehouse, or customer fulfillment centre (CFC) as Ocado calls them, has begun taking orders from customers across the Kanto region for...
- UK is grappling with vegetable shortages. How did it happen?Even if energy costs hadn't risen so much, British growers would not come close to making up for the shortfalls in imported produce, Diploc...
- Rationing of fruit & veggies in UK: The politics and economics behind itRunning short of lettuce, tomatoes, peppers, cucumbers, broccoli, cauliflowers and raspberries, the supermarkets in the UK, such as Tesco, ...
- British supermarket chain Asda signs £600M deal with The Co-op for 132 Store SitesAsda will acquire 132 stores—129 petrol station forecourts and 3 development sites—for £600 million. The deal amount includes the £162 mill...
- UK’s Morrisons rejects $7.6 billion takeover offer“The board of Morrisons evaluated the conditional proposal together with its financial adviser, Rothschild & Co, and unanimously concluded ...
- How did UK retailers fare over coronavirus-hit Christmas?The 2020 Christmas holiday season presented British retailers with a unique challenge as they navigated strict COVID-19 containment measure...
- Retailers, energy stocks push London stocks higherThe benchmark FTSE 100 index gained 0.4%, with general retailers and energy stocks gaining between 2% and 3%.
- UK grocery sales up 6.9% in October ahead of new English lockdownWith COVID-19 infections rising at an alarming rate the British government imposed a second national lockdown for England, starting last Th...
- British supermarket Sainsbury's says 3,500 jobs at risk in restructuringThe group reported a loss before tax of 137 million pounds ($178 million) for the 28 weeks to Sept. 19, reflecting 438 million pounds of on...
- Billionaire British brothers Mohsin, Zuber Issa and TDR buy Walmart's Asda for $8.8 billionThe deal, led by Mohsin and Zuber Issa who founded the petrol station operator EG Group nearly two decades ago, and TDR means Asda will be ...
- Unforgettable Bag: Tesco's idea of fighting plastic pollution in MalaysiaCalled the "Unforgettable Bag, it has been launched in 11 Tesco stores in Malaysia's capital Kuala Lumpur and the southern state of Johor a...
- Indian-origin businessman to acquire restaurant chain in UKRanjit Boparan will add Tesco's Giraffe to Boparan Holdings alongside the The Cinnamon Club, an upmarket Indian restaurant in London.
- Indian fashion hits Britain's supermarketsReady to eat Indian meals are a prominent offering in British stores, and now for the first time a leading supermarket chain is introducing...
- UK watchdog probes alleged price fixing at supermarketsBritain’s competition watchdog is investigating allegations of price fixing at the country’s largest supermarkets, a newspaper reported.
- Qataris cancel Sainsbury takeover bidQatari investment fund Delta Two on Monday terminated a takeover bid for British supermarket group J Sainsbury worth 10.6 billion pounds (1...
- 'Tesco to discuss Bangladesh textile protest with suppliers'British supermarket giant Tesco will discuss the causes of protests by 25,000 textile workers in Bangladesh over the weekend with its suppl...
- Branson sells Britain's Virgin MegastoresRichard Branson on Monday sold his Virgin Megastores record shops in Britain and Ireland, shedding the brand which launched his Virgin empi...
- Tesco profit jumps 20% to $3.8b on strong salesBritish supermarket giant Tesco said on Tuesday that net profits soared by a fifth in 2006 to a record £1.892 billion (e2.8 billion, $3.8 b...
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