All News articles – Page 7
Most recent first.
-
NewsMorrisons spurns £5.5bn takeover approach from US private equity firm
Morrisons has rebuffed a shock takeover bid from a US buyout firm advised by former Tesco boss Sir Terry Leahy, a move that could spark approaches from rival bidders.
-
News
Morrisons rebuffs £5.5bn takeover bid from private equity firm CD&R
Morrisons has rejected a takeover bid from American private equity giant Clayton, Dubilier & Rice (CD&R).
-
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.
-
News
Tesco sales rise but growth ‘moderates’ as Covid restrictions ease
Tesco has posted an uptick in first-quarter sales but cautioned that growth “moderated” during April and May as Covid-19 restrictions eased.
-
News
M&S survey: Half of consumers say families ‘unrecognisable’ from 20 years ago
Changing views about families are creating new product opportunities and marketing considerations, research by Marks & Spencer has revealed.
-
News
Staycation boom to drive sales through autumn, says Halfords boss
Halfords expects current performance to continue as foreign holidays look increasingly unlikely.
-
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.
-
News
Halfords drives profit growth as it accelerates transformation
Halfords has reported a strong full-year performance after increased demand for categories such as cycling, partly fuelled by the pandemic.
-
News
Dr Martens’ sales and profits rise in IPO year
Footwear retailer and brand Dr Martens has reported increased sales and profits for the year that brought its IPO.
-
News
Driver shortage leading to rising food waste, Tesco warns
Tesco has revealed that a shortage of HGV drivers is adding to food waste.
-
News
Government gives retailers stay of execution with rent moratorium extension
The government has extended the commercial rent moratorium, preventing landlords from evicting tenants for failing to pay rent for another nine months.
-
News
Competition watchdog greenlights Issa brothers’ Asda takeover
The Competition and Markets Authority (CMA) has greenlit the Issa brothers and TDR Capital takeover of Asda, allowing the new owners to push forward with their new strategy for the grocery giant.
-
News
Debenhams targets high street return as owner Boohoo bids to woo beauty brands
Debenhams is plotting a return to the high street under new owner Boohoo as it attempts to strike deals with major beauty brands.
-
News
Asda and Co-op partner with Unilever on refillable packaging trials
Both Asda and the Co-op are partnering with Unilever on a new refillable packaging trial, featuring some of the FMCG giant’s biggest brands.
-
News
Carrefour launches customer data platform for third-party brands
Grocery giant Carrefour, one of the world’s biggest retailers, has unveiled a shopper data, personalisation and media platform designed to enhance customer insight and relationships.
-
News
H&M sales rise despite European closures
H&M recorded strong sales in the second quarter despite the impact of the pandemic on various markets.
-
News
Tesco rejoins BRC at ‘important moment for retail’
Tesco has rejoined the British Retail Consortium (BRC) three years after quitting the trade association.
-
News
Boohoo records surge in first quarter sales despite international ‘uncertainty’
Boohoo has posted a strong uplift in sales during its first quarter against strong comparitives, with the US and UK driving momentum.
-
News
Furlough and rates relief to be wound down despite England lockdown extension
The final measures of easing England out of lockdown has been delayed until July 19, but calls for business rates relief and the furlough scheme to be extended have been rejected.
-
News
JD Sports braced for shareholder revolt over ‘inappropriate’ Cowgill bonus
JD Sports is bracing itself for a possible shareholder revolt after paying bonuses to senior staff such as Peter Cowgill despite refusing to refund millions in government support.
