Supermarkets

Tesco acquires Paperchase IP in pre-pack deal

Tesco has acquired the intellectual property and brand of embattled stationery retailer Paperchase for an undisclosed sum in a pre-pack…

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CMA launches supermarket pricing review 

The CMA is set to review unit pricing practices online and instore within the grocery sector, after deciding that customers…

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Grocery Price inflation hits record 16.7%

Grocery price inflation hit a record 16.7% in the four weeks to 22 January 2023, according to Kantar, the highest…

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Tesco in talks to acquire paperchase out of administration

Tesco is reportedly close to acquiring stationery retailer Paperchase out of administration.  According to Sky News, Tesco is in advanced…

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Tesco to shake-up management and close counters, 2,100 jobs at risk

Tesco has announced a shake-up of its management structure alongside plans to shutter its remaining hot counters and delis, in…

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Lidl pledges to invest £4bn into UK food industry

Lidl has pledged to invest £4bn in British food businesses this year, as it plans to show its continued support…

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Bestway acquires 3.45% share in Sainsbury’s

Bestway Group has announced it has agreed to acquire a total of 80,792,512 shares in Sainsbury’s, representing 3.45% of Sainsbury’s…

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Asda faces strike action after plans to cut jobs and reduce pay

Asda workers are reportedly planning strike action after the supermarket unveiled plans that could place 300 roles at risk across…

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Asda to cut 300 roles as 4,000 face pay cuts

Asda has unveiled a series of change proposals that could place 300 roles at risk across the business, as well…

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Sainsbury’s launches healthy overnight drive-thru for shift workers

Sainsbury’s has launched a healthy overnight drive-through aimed at shift workers who it says have the unhealthiest diets in the…

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