Retailing Crisis

Tesco gained first-mover advantage in competing against Amazon after its merger with Booker

Tesco was ‘smart’ in £3.7bn deal with Booker

By Matt Atherton

Tesco’s £3.7bn mega merger with Booker will give the business first-mover advantage in competing against online giant Amazon, analysts claimed, as consumers are increasingly shopping online.

Greggs has revealed plans to cut more than 90 jobs at its Treforest factory, a union claimed (Flickr/Paul Robertson)

Greggs cuts at least 91 jobs in Wales

By Matt Atherton

High street baker Greggs has revealed plans to cut between 91 and 120 jobs in a Welsh factory, the Bakers, Food and Allied Workers Union (BFAWU) has said.

Greggs reported a 7% sales boost in its latest trading update

Greggs posts 7% sales boost after strong Christmas

By Matt Atherton

High street baker Greggs reported its 13th consecutive quarter of like-for-like sales growth after a strong festive period, as full-year sales increased by 7% in its latest trading update.

Tesco reported a 1.1% rise in sales in its latest trading update

Tesco fresh food sales drive festive growth

By Matt Atherton

Tesco reported a 1.1% rise in total sales in the 19 weeks to January 7, including a 1.3% rise in like-for-like food sales over the Christmas period.

Morrisons' boss praises food makers after the retailer reports its best sales performance for seven years

Morrisons’ food makers praised as festive sales rise

By Matt Atherton

Morrisons’ chief executive David Potts praised the retailer’s “food makers and shopkeepers”, after it reported its strongest sales performance for seven years in a Christmas trading update.

Tesco is closing two of its distribution centres with the net loss of 500 jobs

Tesco closes two distribution centres

By Rick Pendrous

Tesco is to close two of its distribution centres, with the net loss of around 500 jobs, in a move designed to simplify its supply chain operations and management structure across all distribution operations and meet changing consumer demand.

Food manufacturers could benefit from dining out trends (Flickr/Herry Lawford)

Oxford Farming Conference

Food firms to benefit from eating out trends

By Matt Atherton

Food manufacturers are set to benefit from two separate contradictory eating out trends, predicts the director of market research group MCA.