Tesco’s total revenues grew 8.6% in the six months to August, it said on Wednesday, thanks to a surge in online shopping during the pandemic. In the UK, online sales at the grocery giant nearly doubled in the quarter to August. Customers favoured Tesco’s smaller, local stores over its larger […]
Walmart has sold its UK grocery chain Asda in an $US8.8 billion deal, Asda announced on Friday. The buyer consortium included private equity firm TDR Capital and Euro Garages owners the Issa brothers. Walmart will retain an equity investment in the business, but TDR Capital and the Issa brothers will […]
The John Lewis Partnership, the UK retail giant that owns department store John Lewis and supermarket chain Waitrose, won’t be paying staff bonuses for the first time since 1953, it said Thursday. The group recorded a £55 million ($US71 million) first-half loss and expects a “small loss or a small […]
The Co-op is opening, or extending, 65 stores in the UK as part of its move to focus on local convenience retail. The new stores will run on 100% renewable electricity. Though it’s expanding its physical stores, in August the Co-op became the most widely available supermarket on Deliveroo in […]
Whole Foods, Trader Joe’s, and Wegmans are all often crowded with loyal shoppers, and many of them go for the stores’ frozen foods. As a frozen-food fan who frequently shops at Trader Joe’s, I decided to try two frozen-food products from each grocer to see if a switch was necessary. […]
Supermarket sushi is usually far from gourmet. But when I sampled all the fresh food at the new Wegmans supermarket in Brooklyn, the sushi absolutely blew me away. With its generous cuts of fresh, high-quality fish for supermarket prices, I’d go back to Wegmans again and again, just for its […]
The Albrechts, the nearly $US40 billion family behind the supermarket chains Aldi and Trader Joe’s, are feuding after an Aldi cofounder’s wife cut her grandchildren and their mother out of the company in her will, accusing them of lavish spending. Cäcilie Albrecht, who died in November, accused five of her […]
The German supermarket chain Lidl is about to...
The German supermarket chain Lidl is about to...
