Tuesday, January 28, 2020

Scottish supermarket tax a ‘money motivated raid‘

A watering down of the proposed levy on supermarkets announced yesterday by the Scottish government has been met with derision by business leaders. Finance...

Tesco expands ‘virtual stores‘ concept in Korea

UK-based retailer Tesco has extended its trial of ‘virtual stores‘ in South Korea by installing the offer at more than 20 bus stops around...

Waitrose to open more convenience stores in London

A year after opening its very first convenience store in London, upmarket grocer Waitrose has revealed that it will be opening another six new...

Veal sales at Waitrose boosted by BBC show

Supermarket chain Waitrose has today reported an 18 per cent rise in the sales of veal products at its stores last week, and believes...

Trinity College Cambridge invests in Tesco

Cambridge University‘s richest college, Trinity, has entered into a property deal thought to be worth £440 million with the UK‘s leading retailer Tesco, it...

Tesco gets permission for Northamptonshire store

Desborough in Northamptonshire is to have a new Tesco supermarket built on an old shoe factory site in the town, after the retail giant...

PM backs Asda‘s £500m investment in jobs

Supermarket giant Asda has received government backing for its plans to invest over £500 million in new outlets and depots in 2012, it was...

Waitrose sales strong despite distorted comparisons

Sales for upmarket grocer Waitrose fell 11 per cent year-on-year last week, according to results released today, but this decline was due to disparities...

Ocado gross sales up 23.8% in 7 days to Xmas

Online grocer Ocado has seen its stock price rise this morning following a strong Christmas trading statement that revealed double digit growth. While the...

Tesco sales fall 2.3% over “disappointing” Xmas

The UK‘s largest retailer Tesco has today reported a decline in like-for-like (LFL) UK trading during the Christmas period, as its heavy discounting failed...

Feature Resource

[Whitepaper] Retail Lessons From China

Did you know? Chinese demographics are much more complex than ‘Gen X/Y/Z’? Instead they’re segmented as: Post-80s, Post-90s, Post-95s, Post-00s. And, while Post-80s and 90s...