Morrisons takeover battle goes to auction showdown
The battle to buy supermarket Morrisons will go to an auction process, the stock market’s Takeover Panel has confirmed.
Private equity giants Fortress and Clayton,...
Morrisons takeover auction battle ends with £7bn bid from private equity giant
The battle to buy supermarket Morrisons has ended with private equity giant Clayton, Dubilier & Rice (CD&R) outbidding Fortress in a dramatic auction process.
The...
Eskmuir sells Wimbledon Sainsbury’s asset for over £30m
Eskmuir Properties has confirmed that it has completed the sale of 8-12 Worple Road in Wimbledon to Aberdeen Standard Investments for more than £30m.
The...
Asda expands full range one-hour delivery service to 96 stores – find out where
Asda will extend its one-hour express delivery service to 96 stores following a successful trial launched in the summer.
The service gives customers access to...
Tesco launches first checkout-free high street store
Tesco is launching its first checkout-free high street store where shoppers can pick up their groceries and leave without the need for a till.
It...
Tesco website and app working again following suspected hack
Tesco’s website and app are up and running again after a suspected hack.
The outage, which left customers struggling to shop for groceries or track...
Sainsbury’s to reveal how profits have been hit by supply chain and inflation
Sainsbury’s is set to reveal how badly profits have been hit by supply chain strains and inflation pushing up costs across the business.
The grocery...
The Supermarket switch: just 38% of shoppers stay local to grocery brands post-pandemic
Original research of over 2,000 UK shoppers in the Research Study: Consumer Packaged Goods, Predicting the Unpredictable showed that only 38% remained loyal to the brands...
Sainsbury’s profit surges despite supply chain pressures
Sainsbury’s has revealed a jump in half-year profits despite falling recent sales after its Argos business was knocked by supply chain challenges and easing...
Tesco’s Christmas ad becomes most complained about campaign of year
Tesco’s Christmas TV campaign featuring Father Christmas bearing a Covid vaccine passport has prompted more than 3,000 complaints, making it by far the most...
