Tesco
Britain’s largest supermarket chain Tesco has strengthened its full year earnings outlook after delivering a resilient performance during the crucial Christmas trading window, underlining its ability to win customers in a challenging consumer environment.The retailer said...
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Leading global brands Marks & Spencer, Walmart, and Pepco to increase sourcing from India following import duty cuts
Global brands ͏s͏͏uch as͏͏ Marks & Spencer, Next, Decathlon, Primark, GAP, Walmart, Pepco, and Tesco ͏are s͏et to i͏nc͏re͏ase th͏͏ei͏r͏͏͏͏ sour͏c͏i͏ng ͏fr͏o͏m ͏I͏͏ndi͏a͏, ͏͏a͏͏s͏͏...
British supermarket chain Tesco’s retail sales soar 3.4% in Q1 FY 2024/25
Tesco,͏ the Brit͏ish supermarket ch͏ain, has ͏repo͏rted a 3.͏4% growth in reta͏il s͏ales͏ to £15.30 bill͏ion ($19.54 billion) for the first q͏uarter o͏f fis͏cal...
Star Bazaar unveils new hypermarket in Hyderabad
Star Bazaar, the hypermarket chain under Tata Trent, has unveiled a new store in Hyderabad, Telangana, as announced in a recent social media post...
British retail giant Tesco eyes profit surge as consumer confidence rebounds
Tesco, the largest retailer in Britain, projected a continued increase in profits, attributing it to early indications of enhanced consumer sentiment. This forecast comes...
Supermarket giants Tesco, Woolworths, and Shoprite launch $125 Million venture fund for retail innovation
Supermarket giants such as Tesco, Australia's Woolworths Group, and Africa's largest grocery retailer, Shoprite, have joined forces to establish a $125 million venture capital...
Healthy snack brand Mr Makhana to hit UK shelves, talks with Tesco and Sainsbury’s underway
Delhi-based Mr Makhana is gearing up to broaden its retail footprint in the UK with its healthy popped lotus seed snacks.Founder Rishab Jain mentioned...
UK grocery price inflation falls to 4.5%, lowest since February 2022
This month, UK grocery price inflation dropped to its lowest rate since February 2022. However, industry data reveals that almost a quarter of British...
British supermarket sales growth slows in February, reflecting decline in food inflation: Industry data
In February, British supermarket sales growth decelerated to 5.3% from January's 6.6%, indicating a decline in food inflation, as per industry data.The market research...
British supermarket Morrisons adopts discounters’ pricing to stay competitive
Morrisons, Britain's fifth largest supermarket group, is emulating its larger competitors by aligning prices with those of the German-owned discounters Aldi and Lidl across...
Marks & Spencer’s food retail arm continues strong sales streak, challenges leading grocers in UK
UK industry data released on Tuesday indicated that Marks & Spencer's food retail arm continued to capitalize on the strong sales momentum of 2023,...
UK retail giant Tesco revises profit forecast following strong Christmas sales performance
Tesco, the largest retailer in Britain, revised its profit forecast for the second time in four months. This adjustment comes as the company disclosed...
Confectionery chains Nestle and Mondelez experience holiday sales boom amid UK’s budget shopping
Nestle, the producer of Quality Street, and Mondelez, the owner of Cadbury, are experiencing increased confectionery sales in the UK during this festive season....