TDR Capital takes ownership control of Asda after Issa brother sells stake
Private equity firm TDR Capital LLP has taken control of supermarket chain Asda after Zuber Issa split with brother and co-owner Moshin Issa and sold off his stake in the company. TDR Capital now owns 67.5% of Asda, while Moshin has 22.5% and Walmart the other 10%. The deal is expected to be finalized in […]
Asda further embraces convenience with new Express stores
Asda announced it is opening its first two of 30-plus Asda Express stores in Sutton Coldfield and Tottenham Hale, each of which will offer a range of more than 3,000 items. With the launch of all of the new branded stores, Asda says it will be hiring 500 people as it tests out the smaller […]
Waitrose pushes expansion in Scotland by partnering with Margiotta
Waitrose has entered into an agreement and begun delivering its products to Margiotta, a convenience store chain in Scotland known for its high-quality fresh food. The retailer is supplying more than 600 items to 16 of Margiotta’s shops and will add two more locations after the new year as soon as those stores are revamped. […]
Sainsbury’s adds another convenient tech piece for shoppers
Sainsbury’s has implemented checkout-free shopping at its Holborn Circus convenience store as it looks to improve customer satisfaction and ease of purchasing. The retailer is utilising Amazon’s Just Walk Out technology to allow consumers a better experience. “We’re excited to bring Just Walk Out technology to our first customer internationally with Sainsbury’s,” Dilip Kumar, Amazon’s […]
Research & Analysis: Industry Should Focus On Getting the Poor to Eat More
Consumers indeed make produce a personal decision, and to whatever degree the industry — growers/shippers and retailers — can offer more options, consumers will split up their purchases, and so the new items offered will have some volume. It is also true that some of the new items — better varieties, more convenient cuts, interesting […]
Tesco opens first checkout-free supermarket in London
Imagine walking into a supermarket, getting all of your groceries and simple leaving without being forced to go through a queue. Tesco has done it. The retail giant has unveiled its first ever checkout-free store in at its High Holborn location in central London, giving its shoppers who utilize the Tesco.com app the chance to […]
Amazon Fresh opens first UK grocery store, offering private food brand
Amazon Fresh has launched its first convenience grocery store to offer Just Walk Out Shopping in the UK. The store in Ealing, London, is Amazon’s first physical shop and first grocery store outside of the US. To shop at the Amazon Fresh store, customers simply use the Amazon app to enter and can put their […]
