Tesco could seek recovery of Philip Clarke payoff

Tesco, Britain‘s biggest retailer, will seek recovery of the termination payment made to ousted Chief Executive Officer Philip Clarke, if gross misconduct is determined...

Londis and Budgens bought for £40m

The UK‘s largest cash and carry chain is to buy budget chains Londis and Budgens chains in the UK, in a £40m deal that...

Asda now the poorest Big Four grocer

Yesterday it was Asda‘s turn to give further evidence, as if any was needed, of the structural change that is consuming the UK grocery...

What next for Tesco‘s Clubcard?

Consumer research giant Nielsen is poised to bid for Dunnhumby, the operator of Tesco‘s Clubcard loyalty scheme. There‘s been a flurry of interest in...

Sainsbury’s Bank announces new relationship with Western Union

Sainsbury‘s Bank, the UK‘s first supermarket bank has announced a new relationship with the Western Union company, a global payment services specialist. Western Union...

Thorntons Chief Executive to step down

In a brief announcement this morning, Thorntons informed shareholders that Jonathan Hart is to step down as CEO and resign from his directorship in June.Hart...

Tesco to close last Homeplus stores

Tesco, the UK‘s largest retailer by market share, will close its six remaining Homeplus stores in its home market, waving goodbye to its non-food...
Tesco plastic

Tesco’s recovery gains momentum

In two separate moves, Tesco boss Dave Lewis is not slowing down with his drastic turnaround strategy for the Big Four grocer. Tesco is...

Robots could pick and pack groceries for Ocado

Online grocer Ocado is said to be developing robots that could massively reduce the need for people who pick and pack groceries for shoppers. In plans...

Sainsbury‘s expecting first loss in a decade

Big Four grocer Sainsbury‘s is expected to report its first full-year loss in a decade tomorrow. This comes off the back of intense price...

Feature Resource

What the High Street will look like after Covid-19

Survival of the fittest: How the High Street will evolve after the crisis Wondering what the High Street is going to look like after lockdown...