Supermarkets
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May- 2018 -23 May
500 Tesco jobs face the axe amid online ‘refocusing’
Tesco has announced plans to close its Tesco Direct website putting 500 jobs at risk. Tesco Direct’s headquarters and Milton…
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18 May
CMA shops around for comments on Sainsbury’s Asda merger
The Competition and Markets Authority (CMA) is investigating the merger between Sainsbury’s and Asda, after inviting interested parties to comment…
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17 May
Ocado signs deal with US supermarket Kroger
Online supermarket Ocado has signed a partnership agreement with US grocer Kroger which will see Ocado’s technology used exclusively by…
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15 May
Morrisons donates £45,000 to ‘fight fresh food waste’
Morrisons has donated £45,000 to the Community Fridge Network, a food surplus scheme run by environmental charity Hubbub. The money…
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11 May
Amazon could buy Morrisons amid upbeat results
It has been suggested that Amazon could be buying Morrisons in order to challenge UK supermarkets and the Asda-Sainsbury’s merger,…
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11 May
Sainsbury’s and Asda could be forced to sell more than 70 stores
Sainsbury’s and Asda may have to sell at least 73 stores in order for the merger to go ahead according…
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10 May
Morrisons announces strong start to 2018
Supermarket giant Morrisons has reported a strong start to 2018, with like-for-like sales increasing by 3.4% during the 13 weeks…
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9 May
Sainsbury’s singing CEO takes £1.8m from share awards
Sainsbury’s CEO Mike Coupe has snapped up £1.8m in share awards following the company’s merger with Asda. Coupe also sold…
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8 May
Retail M&A grows by 15%
A study by law firm RPC shows retail mergers and acquisitions have grown by 15% over the past year. While…
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3 May
Nisa members attempt to stop Co-op takeover
A group of 30 members of Nisa have hired a lawyer to help them try to halt the takeover by…
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