Sunday, 24 October 2021

Tag Archives: grocery giant

Tesco sales growth accelerates in first quarter

LONDON: Higher inflation helped sales growth pick up at Tesco at the start of the year, but the company said its efforts to limit the impact of cost increases in “tough market conditions” were helping it maintain momentum in its efforts to win back customers. Tesco reported its first UK ...

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Tesco to merge with food wholesaler Booker in £3.7bn deal

THE grocery giant said the tie-up will create “the UK’s leading food business” and deliver significant cost savings for the combined group. Booker is the country’s largest wholesaler and owns the Londis and Budgens convenience store brands. The companies said the deal would bring “benefits for consumers, independent retailers, caterers, ...

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