John Lewis signs deal with Tesco for warehouse space in online sales push
The John Lewis Partnership has signed a deal with Tesco to lease a million square foot distribution centre to meet demand for online orders,...
Takeover battle for Morrisons extended as CD&R eyes higher bid
Takeover regulators have extended the battle for supermarket Morrisons by a further two weeks, giving a US suitor more time to make a bid.
Clayton,...
Asda boss Roger Burnley steps down ahead of schedule after takeover
Asda boss Roger Burnley has left the supermarket giant following the completion of its £6.8 billion takeover.
Mr Burnley announced plans to step down as...
Consortium increases Morrisons takeover bid to £6.7bn
The private equity-backed consortium vying to buy Morrisons has increased its bid for the supermarket chain to £6.7 billion amid speculation of a rival...
John Lewis and Waitrose to axe around 1,000 store workers
The John Lewis Partnership (JLP) has told staff that it is proposing around 1,000 redundancies across its department stores and Waitrose supermarkets.
The company said...
Sainsbury’s chairman hails ‘progress’ as he shrugs off takeover talk
The chairman of Sainsbury’s has shrugged off speculation that the supermarket group could be the latest target of a private equity takeover and hailed...
Supermarkets seek clarity from Government over mask-wearing after July 19
Supermarkets and retail bosses are seeking further Government guidance regarding mask-wearing, despite the Prime Minister confirming that the legal requirement to wear them will...
Sainsbury’s expected to end compulsory mask-wearing from July 19
Customers will no longer need to wear masks in Sainsbury’s stores from July 19, the supermarket’s chief executive has suggested.
Simon Roberts said he would...
Third private equity firm mulls bid to buy Morrisons
A third private equity company has said it is eyeing a takeover move for Morrisons, furthering speculation there could be a dramatic bidding war...
Haribo struggling to reach supermarket shelves due to lorry driver shortage
Sweets giant Haribo has revealed it is struggling to get stocks to stores across the UK because of a shortage of lorry drivers.
The German...