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Tesco wants to double click-and-collect spots to 8000

Tuesday 14 February 2017 - Posted by Elias Jahshan

The chief executive of Tesco has revealed plans to rapidly expand the grocer’s click-and-collect spots following its acquisition of Booker. Mentioned in a conference call with City analysts after the announcement of the surprise acquisition, Tesco boss Dave Lewis said the prop...

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BBC investigation finds Tesco short-changing customers on outdated promotions

Monday 13 February 2017 - Posted by Elias Jahshan

A new BBC investigation has found that Tesco was overcharging customers on multi-buy offers at two-thirds of its stores. The investigation, which will air on tonight’s episode of Inside Out, has prompted the supermarket giant to check the prices of all items in every one of it...

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Booker bosses win over Tesco merger sceptics

Wednesday 08 February 2017 - Posted by Ben Stevens

Booker's efforts to quell the fears of its convenience store operators over the new Tesco merger have started on a positive note following yesterday’s meeting in Glasgow. The shock deal announced last week in which Britain’s largest supermarket revealed plans to combine its ne...

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8 out of 9 top grocers show growth as Aldi overtakes Co-op

Tuesday 07 February 2017 - Posted by Ben Stevens

German discount grocer Aldi has lived up to predictions it would overtake Co-op to become the fifth largest supermarket in the UK. New results from Kantar Worldpanel indicate that Aldi’s sales grew by 12.4 per cent in the 12 weeks to January 29, boosting its market share to 6....

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Booker bosses attempt to douse fears of Tesco merger monopoly

Monday 06 February 2017 - Posted by Ben Stevens

Booker’s bosses will embark on a tour of the UK this week, with plans to address the concerns of thousands of convenience store owners fearful of the implications of the shock Tesco merger. As part of a UK-wide tour, chief executive Charles Wilson and managing director Steve F...

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Amazon Go reportedly scouting for London location

Monday 06 February 2017 - Posted by Ben Stevens

Amazon is reportedly on the hunt for physical shop space in central London as it aims to introduce its checkout-free grocery chain in the capital. According to The Times, a source stated that around a dozen prospective sites have been scouted by the online retail giant, with p...

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Tesco to buy Booker in landmark £3.7 billion merger

Friday 27 January 2017 - Posted by Ben Stevens

The UK’s biggest supermarket has announced a landmark £3.7 billion deal to acquire the Booker group. Booker is the UK’s largest food wholesaler and owns convenience chains Londis and Budgens among other brands, and the milestone deal valued Booker at 205.3p a share - 12 per ce...

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Unilever boss says UK should "get used" to price rises

Friday 27 January 2017 - Posted by Ben Stevens

Unliver’s boss has defended his decision to bump up prices and said Britain “should get used to" it. Following the public spat dubbed “Marmitegate” between the British-Dutch multinational and Tesco, Unilver chief executive Paul Polman said his company had dealt with “huge curr...

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'Big shop' at Big 4 £15 more than discounters

Thursday 26 January 2017 - Posted by Ben Stevens

Discount grocers Aldi and Lidl have dealt another blow to their Big 4 rivals as new results have shown a “big shop” could cost nearly £15 less in their stores. Fresh data from retail analysts Nielsen have found that the average cost of a shop for at least 20 items is £38.76 at...

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Tesco to fight another lawsuit over accounting scandal

Wednesday 25 January 2017 - Posted by Ben Stevens

Tesco will now face a second high-profile lawsuit over 2014’s accounting scandal, just days after it issued its defence in a £100 million lawsuit. US investment house Manning & Napier have filed a new claim against the retailer, saying it lost over $212 million (£168.60 millio...