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Retail
Walmart sells majority stake in Asda to Issa brothers and TDR for £6...
October 05, 2020 11:11 PM AEDT | By Team Kalkine MediaSummary The Issa brothers and TDR Capital have acquired Asda from Walmart While entrepreneur brothers Mohsin and Zuber Issa of the EG Group and T...
Asda buyout: TDR-backed EG Group emerges as Walmart’s favourite with...
September 30, 2020 09:02 PM AEST | By Team Kalkine Media The TDR Capital-backed EG Group has emerged as Walmart’s preferred bidder in the race to buy Asda Stores Limited with a £6.5-billi...
Independent Review Identifies Flaws in Boohoo’s Leicester Supply Cha...
September 28, 2020 12:57 AM AEST | By Team Kalkine MediaSummary An independent review identified several flaws in Boohoo’s Leicester supply chain In July 2020, the fashion retailer had appointed A...
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Lens on Tesco And J Sainsbury As UK Retail Sales Growth Hits Highest...
September 27, 2020 04:50 AM AEST | By Team Kalkine MediaSummary The retail sales in the UK grew at the fastest pace in September to +11 as compared to -6 in the month of August. Furniture, DIY, and groc...
Tesco And Morrison Start Rationing Again Fearing A March Re-Run of P...
September 26, 2020 12:00 PM AEST | By Team Kalkine MediaSummary Tesco And Morrison have reintroduced purchase limits of up to three per customers, on items such as toilet rolls, flour, and dried pasta to...
Supermarkets like Tesco and Morrison reassure customers of sufficien...
September 24, 2020 10:10 PM AEST | By Team Kalkine MediaSummary The United Kingdom is witnessing a surge in Covid-19 cases since August 2020 The recent spike has pushed UK to report highest single-day c...
Tesco Bolster Its Green Initiative, Joins UK Electric Fleets Coaliti...
September 23, 2020 11:11 PM AEST | By Team Kalkine MediaSummary On the very first day of the Climate Week NYC, major climate commitments and messages were delivered Tesco Plc, the UK’s biggest sup...
End of Tax-Free Sales at Port of Entry to Further Impact the UK Reta...
September 20, 2020 12:01 AM AEST | By Kunal SawhneySummary UK Government has announced to end tax-free sales at port of entry from 1 January 2021 Overseas travellers would not be able to make tax-f...
What Is Buzzing at The Sainsbury And Tesco Counters?
September 18, 2020 10:18 PM AEST | By Kunal SawhneySummary Czech billionaire has reportedly bought a 3.05 per cent stake in Sainsbury’s Tesco has joined hands with the food sharing app O...
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Quick Insights on Two FTSE Listed Retail Stocks - NEXT PLC & Marks a...
September 17, 2020 10:25 PM AEST | By Team Kalkine MediaSummary NEXT PLC generated sales of £1,356.8 million for six months ended July 2020, which was lower than £2,058.8 million generated a...
Ocado’s Mark & Spencer JV Strategy Yields Good Return
September 16, 2020 11:11 PM AEST | By Kunal SawhneySummary Aided by the recent shift in consumer preference to online shopping Ocado is now valued at close to £5 billion, while market leader T...
Retailers adopt 5-pronged strategy to fight Covid-19 crisis: focus o...
September 14, 2020 11:00 PM AEST | By Team Kalkine MediaSummary The retail stores are one of the hardest-hit industries by the coronavirus pandemic and the ensuing mass migration of shoppers to online re...
Tesco’s Experiment with Drone Can Be A Game Changer for Supermarkets
September 11, 2020 11:44 PM AEST | By Kunal SawhneySummary Tesco to test aerial delivery through drones in October, it would initially try home deliveries of essentials Walmart begun trial of a pil...
Tesco Initiates Efforts to Bring Down the Ecological Cost of Food Wa...
September 07, 2020 11:20 PM AEST | By Team Kalkine MediaSummary Tesco would be conducting a six-week experiment with environmental charity group Hubbub where they will advise families on meal planning, f...
Retailers Come to Aid Government in Job Creation- Amazon and Co-Op G...
September 04, 2020 11:11 PM AEST | By Team Kalkine MediaSummary Online retail sales in July continued its strong run and were 50 per cent higher than the pre-crisis levels of February 2020 The number of...
Unilever Plc Join the Bandwagon, To Cut Fossil Fuels from Its Cleani...
September 02, 2020 11:30 PM AEST | By Hina ChowdharySummary Many of the companies are concentrating on procuring or investing in renewable energy, such as wind and solar power, while others emphasis...
UK Retailers Cutting Jobs at Fastest Rate Drag the FTSE 100 Down
August 26, 2020 05:00 AM AEST | By Team Kalkine MediaThe stock market’s sentiment remains volatile across the world, which is reflected in the frequent crashes in the share markets globally. The Un...
Is the Sales at Tesco, Ocado, Morrison Supermarkets Getting Impacted...
August 19, 2020 11:33 PM AEST | By Hina ChowdharySummary On 24 July 2020, a new rule had been enforced by the British Government, making it compulsory for the citizens to wear a face cover. As th...
UK Supermarkets Bracing Up for A Face-Off with Online Market Place-T...
August 17, 2020 11:00 PM AEST | By Team Kalkine MediaSummary Supermarkets expect a surge in online deliveries as half a million people are likely to go into quarantine Tesco is going to waive basic d...
Recent Developments in the British Retail Sector
August 01, 2020 10:20 AM AEST | By Team Kalkine MediaSummary Social media has emerged as an influential medium to aid the efforts made by the individuals and entities, in expanding their businesses B...
AI on the Rise: A Look at Top AI Companies and Their Stocks
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