In a move said to illustrate rising investor concerns with companies’ health impacts, the UK’s largest supermarket Tesco has announced it aims to increase the proportion of sales from healthier products to 65% by 2025.
The dairy group's new, lower calorie milk technology may help it
re-gain ground on its home Danish milk market, after dropping
almost 10 per cent in market share and losing another supply
contract to a smaller rival.
Forecourt convenience stores are becoming increasingly important
revenue sources for the leading supermarket groups, either as part
of their own petrol retail business or in partnership with fuel
companies. But maximising the potential...
Shareholders in UK symbol group Londis will vote next week to
decide on whether to accept a £60 million takeover bid from Irish
retailer Musgrave, a bid which has been consistently supported by
the company's board. But this has...
Britain's Co-op group has laid down a challenge to larger rivals
Tesco and Sainsbury, highlighting its "determination to
grow" in the convenience store sector after the successful
integration of two recent acquisitions,...
Sainsbury's interest in UK convenience store operator TM Retail
appears to be waning after the multiple grocer's offer for the
business was rejected by its owners. But this could be no bad thing
for Britain's number...
At first glance, a petrol station might not seem like the obvious
choice of outlet for premium food and drink products, but growing
consumer demand for healthy, tasty and above all convenient
products – not to mention increased competition...
Just days after completing the sale of part of its Brazilian unit,
Dutch retail group Ahold has announced the sale of its last remaining
Asian business, Thailand-based CRC Ahold. The US and Europe will
now be the sole focus of Ahold's...
The majority of UK shoppers regularly 'top up' their weekly shop
with additional grocery essentials such as bread and milk, a
practice which continues to support the development of the
convenience store sector in the British...
Tesco, the UK's biggest supermarket group, has decided how to spend
the first £53.7 million of the £810 million cash pile it unveiled
earlier this month. While the group has made clear its intentions
to grow its international...
UK-based symbol group which is currently at the centre of a
possible bidding war between a number of rival groups, has reported
Christmas trading figures which show that the uncertainty at
boardroom level had little...
With all the sound of fury over the Safeway takeover last week, an
excellent first half performance from the Co-op Group was all but
overlooked. But the group's highly successful focus on the
convenience store sector is a warning...
Budgens has rolled out the first of its new-look convenience stores
under the Quickstop fascia, with all 33 of its Budgens Express
stores set to follow suit in the near future. But with bigger
players such as Tesco and Sainsbury moving...