Barclays completes £600m Tesco Bank takeover Banking Barclays has completed its £600m takeover of Tesco’s banking arm after high court approval for the buyout came on 17 October. As part of a ten-year partnership between the two firms, Barclays will begin operating and managing Tesco Bank. Tesco will keep all of its existing insurance and money services activities, including ATMs, travel money [...]
Village Bakery: Price rises too late to save Tesco and Five Guys favourite from slipping further into the red RETAIL Village Bakery, which supplies baked goods to retailers including Tesco, Aldi and Five Guys, said a recent string of price rises came too late to save it from slipping further into the red, according to newly-filed accounts.
Supermarkets hope for Euro 2024 boost as Asda and Co-op lose ground Retail Asda and the Co-op are the only major supermarket brands in the UK to have lost market share over recent weeks, according to new figures.
Tesco sales rise as falling inflation fuels grocery shopping splurge June 14, 2024 Supermarket giant Tesco has reported another strong period of growth.
Tesco, Sainsbury’s, Aldi: Who owns Britain’s biggest supermarkets after Asda takeover? June 12, 2024 British supermarkets like Tesco, Asda, Sainsburys, and Waitrose might be household names, but who is pulling their strings?
Asda has been ‘left behind’ by Tesco and Sainsbury’s since Issa brothers’ takeover June 11, 2024 How has Asda performed compared to Tesco, Sainsbury's and Aldi since being taken over by the billionaire Issa brothers and TDR Capital?
Asda named the most expensive supermarket petrol seller ahead of Tesco, Morrisons and Sainsbury’s June 5, 2024 Asda has been named as the UK’s most expensive supermarket fuel retailer ahead of rivals Tesco, Morrisons and Sainsbury’s.
Tesco, M&S and Primark among brands hesitant to make some green claims over greenwashing action May 24, 2024 Big retail brands are hesitant to make green claims despite the majority embracing sustainable practices over fears of being hit with greenwashing action
Tesco and Co-op among British supermarkets joining forces to sell fair trade bananas, coffee and cocoa May 20, 2024 A cohort of British supermarkets are reportedly planning to join forces to buy ethically sourced food such as bananas, coffee and cocoa from farmers in developing countries, entering talks with Fairtrade to carry out the move.
Every little helps: Tesco chief’s pay more than doubles to nearly £10m May 14, 2024 The pay of the chief executive of Britain's largest supermarket, Tesco, more than doubled to nearly £10m last year, it has been revealed.