All Supermarkets articles – Page 27
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News
Singaporean sovereign wealth fund joins Fortress Morrisons consortium
Singaporean sovereign wealth fund GIC has joined the consortium bid led by Fortress for supermarket giant Morrisons.
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News
Tesco Bank to close all customer current accounts later in the year
Tesco Bank is closing all of its customer current accounts from the end of November and will write to those affected in the next two weeks to advise them on what to do.
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News
Private equity battle for Morrisons set to intensify as CD&R mulls offer
The battle between private equity firms to take over grocery giant Morrisons is set to intensify, with reports that Clayton, Dubilier & Rice is working on another bid.
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Data
Data: Online sales slide for first time ever as grocers run into tough comparisons
Overall grocery sales slipped while year-on-year online grocery sales declined for the first time ever as grocers began to confront tough comparisons from last year.
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News
Ministers mull short-term visas to end haulage crisis
Government ministers are in discussions about launching a short-term visa scheme for lorry drivers in a bid to end the ongoing HGV driver shortage.
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Morrisons reassures anxious farmers over Fortress takeover
Morrisons has written to farmers to insist that its prospective new owners will protect the grocer’s character and relationship with suppliers.
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News
Exclusive: Amazon poaches Tony Hoggett from Tesco to run international stores arm
Amazon has poached former Tesco chief strategy officer Tony Hoggett to head up its international stores arm, Retail Week can reveal.
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News
Exclusive: Tesco’s Tony Hoggett departs after more than 30 years
Tesco group chief strategy and innovation officer Tony Hoggett has left the grocer.
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News
Union urges government to roll back on removing mask mandate
Usdaw has urged the government to roll back on removing the mask mandate in stores as some grocers have warned of rising staff absenteeism due to coronavirus.
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News
Government extends working hours for lorry drivers to ease shortage
The government is temporarily extending the limit on lorry drivers’ working hours in order to ease the ongoing shortage, with the measures receiving backlash from the haulage sector.
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Analysis
Analysis: Would Majestic owners Fortress be a good fit for Morrisons?
Since Fortress’s £6.3bn offer for Morrisons was recommended to shareholders on Saturday, the private investment giant has become the favourite to take over the grocer. Retail Week looks at what kind of owner Fortress would likely be.
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News
Morrisons braces for bidding war after accepting £6.3bn takeover
Rival private equity firms are reportedly considering tabling rival bids for UK grocer Morrisons after it accepted a £6.3bn takeover yesterday.
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News
Asda to allow head-office staff permanent hybrid working
Grocery giant Asda confirmed today it would allow its 4,000 staff to permanently adopt a hybrid-working model, even after social-distancing measures are removed.
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News
Asda wades into on-demand grocery battle with new one-hour Express Delivery service
Asda has become the latest established supermarket to move into the rapid grocery delivery space with the launch of its one-hour Express Delivery service.
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News
Former Ocado co-founder settles with retailer following lengthy legal battle
Two former Ocado employees, including one of the company’s co-founders, have settled with the company after a drawn out legal battle over information theft.
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News
Morrisons’ private-equity suitor told to up the ante as backlash continues
The private-equity firm behind rebuffed interest in Morrisons has been told to up its potential offer as the backlash against a mooted takeover of the grocer continues.
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News
Morrisons sale prospect prompts plea from hard-pressed UK farmers
The ongoing speculation around the possible sale of Morrisons to a private equity firm has prompted a plea for continued support from the farmers union.
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Data
Data: Grocery sales dip and online hits new baseline as market normalises
Grocery sales over the last 12 weeks have dipped and customer behaviours have begun to revert, as lockdown restrictions ease and life slowly returns to normality.
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News
Tesco expands Whoosh one-hour grocery delivery to London and Bristol
Tesco has expanded its Whoosh one-hour delivery service to London and Bristol, as new boss Ken Murphy unveiled plans to make Tesco a more digital business.
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News
Grocers hit by availability issues as driver shortage bites
Grocers are facing availability issues and depleted shelves across fresh and ambient products as a shortage of HGV drivers continues.