Amazon Fresh Lures Clients With Tesco Price-Match Pledge
Amazon Fresh becomes the most recent supermarket to match or freeze grocery prices amid a rising cost of living crisis. Amazon’s grocery arm is to compete against Tesco with a ...
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Tag: Retailers
Investors Worried As U.S. Retailers Prove Inflation Impacting Consumers Heavily
Evidence of red-hot inflation filtering into the American economy is frightening investors after top U.S. retailers reported that people are decreasing the purchase of bigger-ticket items as they just try ...
A North Sea Oil Windfall Tax Will Not Fetch Much Every Little Help Is Welcomed
Tesco’s boss says oil companies are untroubled by a one-off levy to help households pay energy bills Windfall tax could raise £2bn, says Labor Tesco chairman John Allan, not only ...
Why Are UK Supermarkets Rationing Cooking Oil?
After concerns over shortages caused by the Ukraine war, Morrisons, Tesco, and Waitrose have limited sales Due to the concerns about the shortage of sunflower oil caused by the Russia-Ukraine ...
Amazon Recorded First Loss Since 2015 As Shares Lost 10%
As shoppers switch back to bricks and mortar, the Tech giant’s revenues grew at a sluggish 7% to $116.4bn in the first quarter On April 28, Amazon announced its first ...
Tesco Profits Double As It Focuses On Keeping Prices ‘In Check’
Despite pre-tax profits jumping from £1.1bn to above £2.2bn, ‘significant uncertainties’ weigh on business, according to Tesco. As Tesco faces a battle to “keep the cost of the weekly shop ...
UK’s Low-Income Families To Lose 20% Of Their Spare Cash In 2022
Many UK families are set to drop into the red over rising energy bills, food, and transport costs As shop prices hit a decade high, the amount of spare cash ...
Charities Estimate 200,000 tonnes Of Supermarket Food Wasted Instead Of Helping The Needy
Own-label products go to large charities with contracts but smaller charities miss out while the food ends up as animal feed As supermarkets restrict who their suppliers can give the ...
Tesco Launches ‘Just Walk Out’ Store To Take On Amazon Fresh
The GetGo store uses weight sensors and skeleton outlines to track shoppers who are billed when they leave. Tesco, with its first “just walk out” store where it is possible ...
Boohoo’s Profit Margin Hit As Cost Pressures Increase
On September 30, Boohoo Group PLC’s shares slumped as the online retailer not only warned that Covid-19 is still hitting consumer demand, but it also cautioned on rising costs as ...