Wednesday, August 15, 2018

Co-op considers £300m sale of insurance arm

The Co-op is considering a sale of its insurance arm for around £300 million in order to free up capital.
Tesco discount

COMMENT: The challenge of reinvention for Tesco’s mystery discount stores

Lancaster University's Dr Martin Friesl looks at the uphill challenges Tesco faces in rolling out its new discount store format.
jobs

Lidl plans to build primary school & 3000 homes

Lidl has ramped up its property development initiative and has announced plans to build 3000 homes and a primary school.

Aldi & Lidl have a more loyal customer base than any other supermarket

Aldi and Lidl have a more loyal customer base than all of the UK’s Big 4 supermarkets according to new research.
Asda CEO

Asda chief merchandising officer departs

Chief merchandising officer Jesús Lorente in the latest executive to leave Asda, as the supermarket gears up for its merger with Sainsbury’s. Lorente worked at...
farmers heatwave

Farmers fear heatwave will cause “tinderbox conditions” for food supply

Farmers are poised to meet government officials on Wednesday for an emergency summit amid drought fears from the heatwave.
Aldi Brexit

Aldi asks food suppliers to begin plans for no-deal Brexit

Aldi has asked its food suppliers to begin contingency planning in case the UK crashes out of the EU with no deal.
Amazon Prime

Amazon reveals record $2.5bn profit jump

Amazon has posted a record profit of $2.5 billion (£1.9 billion) for its second quarter of 2018. Operating income rose to $3 billion (£2.2 billion)...
Sainsbury's Asda

CMA taps Oxford economics professor to assist Sainsbury’s-Asda probe

The CMA is about to instruct Oxford Uni economics professor Howard Smith to assist with the probe on Sainsbury's-Asda.
July shop prices

BRC warns of “very real danger” for food supply chains under Brexit

The British Retail Consortium has warned that the UK’s “fragile food supply chains” could be at risk in the wake of the government’s upcoming...

Feature Resource

Four Pillars of Customer Loyalty – 2018 Loyalty Forecast

Why 1 In 3 Shoppers Don’t Care If You Call Them By Their Name Shoppers are demanding. With an oversaturation of online and in-store options, any...