UK supermarket sales growth continues 

UK supermarket sales growth continues 
Supermarket sales in the UK were up 9.3% for the August-October period. However, unlike with the first lockdown, there is no evidence of consumer panic-buying at this stage, according to […]
Thu 19/11/2020 by Richard Wilkinson

New Asda owners sell off sizeable stake in group

New Asda owners sell off sizeable stake in group
New owners of Asda, Mohsin and Zuber Issa, have sold off significant stakes in EG Group to an Abu Dhabi sovereign investor and two Canadian pension funds, reported to be […]
Wed 18/11/2020 by Richard Wilkinson

Tax breaks for UK’s supermarkets despite record sales

Tax breaks for UK’s supermarkets despite record sales
Despite record sales during the pandemic, the UK’s largest supermarkets are set to save nearly £2 billion in business rate tax breaks in 2020, according to a new report compiled […]
Mon 16/11/2020 by Richard Wilkinson

UK retailers see surge in demand for organics

UK retailers see surge in demand for organics
UK retailers reported a surge in sales of organic food and drink during lockdown. Organic bananas, chicken, eggs and wine are among the main drivers of growth, according to Nielsen […]
Thu 12/11/2020 by Richard Wilkinson

CoolRail service to be expanded across Europe

CoolRail service to be expanded across Europe
Transfesa Logistics and Euro Pool System (EPS) have signed an agreement to work together to extend CoolRail routes across Europe. The partnership will see the initial direct rail connection for […]
Thu 29/10/2020 by Richard Wilkinson

Infarm expands in UK with Whole Foods deal

Infarm expands in UK with Whole Foods deal
Berlin-based urban farming specialist Infarm has added Whole Foods Market UK to its growing list of customers. Infarm, which claims to be the world’s fastest-growing urban farming network, continues its […]
Thu 22/10/2020

British consumers flock to farm stores in wake of Covid-19

British consumers flock to farm stores in wake of Covid-19
Research published by Barclays reveals how British consumers have changed their grocery shopping habits as a result of the Covid-19 pandemic. One quarter of UK consumers now claim to buy […]
Wed 21/10/2020 by RIchard Wilkinson

Asda owners reassure investors following Deloitte’s sudden exit

Asda owners reassure investors following Deloitte’s sudden exit
Asda’s new owner EG Group seeks to reassure shareholders following its auditor Deloitte’s unexpected resignation. The separation is understood to be partly due to concerns regarding a lack of independent […]
Wed 21/10/2020 by Richard Wilkinson

Walmart sells off Asda

Walmart sells off Asda
Walmart has sold its majority stake in Asda in a deal that values the UK supermarket chain at £6.8 billion.
Thu 15/10/2020 by Richard Wilkinson

Aldi to create 4,000 new jobs in UK

Aldi to create 4,000 new jobs in UK
German discounter Aldi is to hire 4,000 new workers in the UK, after committing to investing £1.3 billion into upgrading stores and distribution centres by 2022. The move follows a […]
Tue 29/09/2020 by Richard Wilkinson

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