Amazon’s plans to acquire US organic retailer Whole Foods Market in a £10.8bn ($13.7bn) deal announced last month, has sent shockwaves through the grocery sector as it foreshadows further expansion of the online retailer into the UK multiples’ traditional...
Increased competition, disloyal consumers, growing internet sales – and now Brexit. Grocery supply chains are set for a revolution, reports Rick Pendrous
Morrisons has refused to confirm or deny reports it could be in buyout talks after its shares spiked by 5%, following speculation of a UK supermarket takeover by a South African businessman.
So we have a response from the Competition and Markets Authority (CMA) to Which?’s ‘Super Complaint’ about the issue of misleading pricing practices in the grocery market.
Cranswick will pump £28M into its pork manufacturing facilities to secure new US contracts and boost international sales after achieving revenues of £1bn this year, according to City analysts.
The long-awaited launch of Amazon Fresh in the UK is imminent and could spell trouble for Ocado, a specialist in online retail and logistics has claimed.
Sainsbury cut the price gap between it and discount retailers such as Aldi and Lidl in its fourth financial quarter (Q4), reflecting the discounters’ flagging momentum, a leading analyst has claimed.
Sainsbury is nailing product quality goals and plans to boost the rate of product improvements in the coming financial year, according to fourth quarter (Q4) results, which beat expectations.
Groceries Code Adjudicator (GCA) Christine Tacon’s investigation of Tesco will be limited by a lack of cash and the period of time she can examine, one food industry commentator has warned.
Food industry trade associations should play a bigger role in helping to expose the abuses suffered by suppliers at the hands of supermarkets and other customers, said environment secretary Liz Truss at the Oxford Farming Conference this week.
The grocery market returned to growth in the 12 weeks to the end of December 7, with continued success for Waitrose and discounters Aldi and Lidl, according to Kantar Worldpanel data.
Bad news continues to dog supermarket chain Morrisons, with the announcement last month that 2,600 store managers were likely to lose their jobs as part of a review of its retail operations.
Supermarkets’ Christmas sales were hit by a triple whammy – leading to the lowest sales growth for at least seven years – while discounters Lidl and Aldi boosted their takings, according to market research company Nielsen.
Food and drink manufacturers need to target their products to be included in discounted offers because nearly all UK consumers would swap their regular supermarket to benefit from discounts, according to a new report.
Ocado plans to develop as a grocery retailer not a logistics firm for hire, insisted its boss, as the firm reported bigger losses in the first half of this year.
Food manufacturers working with Amazon on its UK online grocery store are becoming increasingly frustrated by its progress just over four months after the launch, with patience wearing thin in some quarters.
Significant “teething problems” notwithstanding, Amazon.co.uk’s online grocery store has a good chance of success in the long-term, according to food manufacturers taking part in the launch.
