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Asda Group Ltd., the third-largest supermarket chain in the UK, is planning to issue bonds and loans to refinance its debt following its acquisition by Mohsin and Zuber Issa. The company aims to raise £1.75 billion ($2.16 billion) through a bond sale and is also marketing a €1.05 billion ($1.1 billion) term loan. Asda's debt refinancing comes after the Issa brothers and private equity firm TDR Capital purchased a majority stake in the company from Walmart Inc. in 2020. The funds raised will be used to refinance existing debt and maturities. [Extracted from the article]

Food inflation in UK stores dropped to its lowest level in over a year in December, as supermarkets competed on price to attract Christmas shoppers. The British Retail Consortium reported that food inflation slowed to 6.7% last month, down from 7.7% in November. This decrease in food costs has been driven by supermarkets lowering prices on traditional festive vegetables and alcoholic beverages. However, the BRC warns that headwinds such as the national living wage increase and disruptions in the Red Sea may prevent retailers from cutting prices as much as they had hoped in 2024. [Extracted from the article]

(Bloomberg) -- Grocery price inflation fell for the eighth straight month in Britain as supermarkets compete to pass on easing cost pressures to shoppers. J Sainsbury Plc raised its guidance last week as Britain's second-largest supermarket group said it's winning over shoppers from the discounters. [Extracted from the article]

(Bloomberg) -- Britain's antitrust regulator has cleared the country's biggest supermarkets of profiteering from high food costs, but said some retailers were not doing enough to allow customers to compare product prices. The watchdog is investigating grocers after food prices soared and supermarkets faced accusations of profiteering. [Extracted from the article]

(Bloomberg) -- Britain's antitrust regulator has cleared the country's biggest supermarkets of profiteering on high food prices, but said some retailers were not doing enough to allow customers to compare product prices. The watchdog is investigating grocers after food prices soared and supermarkets faced accusations of profiteering. [Extracted from the article]

The UK is in the grips of a cost-of-living crisis with rising prices putting pressure on household budgets. (Bloomberg) -- UK Energy Minister Grant Shapps is set to meet with the heads of Britain's biggest supermarkets and energy firms amid worries that waning competition is contributing to higher fuel prices for drivers. [Extracted from the article]

Retailers have pushed back against accusations that they're profiting from higher prices, noting that supply chain problems following Covid-19 lockdowns drove up the cost of many goods. (Bloomberg) -- UK food price inflation may have passed its peak, with two separate surveys showing an improvement. [Extracted from the article]

(Bloomberg) -- Household disposable incomes fell in every UK region in the first quarter, showing no area is immune to Britain's cost-of-living crisis. Shoppers who have endured 10 straight months of double-digit grocery inflation are opting for discount chains Aldi and Lidl and buying store-brand goods to save money. [Extracted from the article]

(Bloomberg) -- Asda reported a steep decline in earnings, a sign of how Britain's cost-of-living crisis is weighing on supermarket margins. "We took a conscious decision to support customers by investing heavily to mitigate the impact of inflation and keep prices as low as possible", said Mohsin Issa, Asda's co-owner. [Extracted from the article]

Lidl has become the fifth supermarket to limit sales of salad items to three per person. (Bloomberg) -- UK supermarket bosses have been summoned to meet with the government to explain how they will ensure availability of tomatoes, cucumbers and peppers after five major grocers had to ration purchases. [Extracted from the article]

(Bloomberg) -- Britain's supermarkets are hoping common courtesy can help them avoid free-for-alls in the fresh fruit and vegetable aisles. Read more: Salad Shortages on UK Shelves Spark Brexit Blame Game Shoppers are more likely to respect rationing if it's consistent across the board, said Reynolds. [Extracted from the article]

(Bloomberg) -- Discounter Aldi has started limiting purchases of some fruit and vegetables in the UK after difficult harvests due to cold weather in southern Spain and north Africa. In the UK some farmers using greenhouses to grow salad vegetables have lowered heating to save on expensive energy bills, leading to less output. [Extracted from the article]

Aldi said that more British customers are visiting the discount grocery chain as their first and only supermarket as the higher cost of living weighs on shoppers in the UK. Recently, Aldi became Britain's fourth-largest grocer, displacing Morrisons, according to Kantar data. [Extracted from the article]

Aldi said that more British customers are visiting the discount grocery chain as their first and only supermarket as the higher cost of living weighs on shoppers in the UK. The grocer attracted 1.5 million "extra" customers over the past 12 weeks and sales of its gourmet Specially Selected range rose 29% as shoppers switched from more expensive supermarkets, the privately held chain said Monday. [Extracted from the article]

(Bloomberg) -- An influential lobby group is stepping up pressure on Britain's supermarkets to offer healthier food at a time when the country is on track to be Europe's most overweight nation in a decade. The groups describe the UK Retailer Index as the first comprehensive assessment of food retailers' contribution to consumer health. [Extracted from the article]

Stor.ai, a provider of digital commerce solutions for grocers, has named Sean Mclaughlin to its senior leadership team as the U.K. sales director, responsible for executing the roll-out of digital sales channels in the U.K. [ABSTRACT FROM AUTHOR]

Sainsbury's enhanced pay will make it the highest payer in the U.K. industry and the first grocer to provide the real living wage to supermarket employees, who were designated as key workers by the U.K. government during the pandemic. Britain's biggest grocers are increasing pay to retain workers as rising inflation causes the worst cost-of-living crisis in decades. [Extracted from the article]

Sainsbury's enhanced pay will make it the highest payer in the U.K. industry and the first grocer to provide the real living wage to supermarket employees, who were designated as key workers by the U.K. government during the pandemic. Britain's biggest grocers are increasing pay to retain workers as rising inflation causes the worst cost-of-living crisis in decades. [Extracted from the article]

The article discusses environmental aspects of tetrapak food cartons in comparison to metal containers and glass jars. The company Tetra Pak is said to be the leading manufacturer of food cartons used in the British retail food sector. Tetrapak cartons come in aseptic and non-aseptic form, each of which is composed of layers of wood and plastic, with an added layer of aluminum in the aseptic form. The results of life cycle analyses (LCA) of tetrapak cartons are noted including a peer-reviewed study subcontracted by Tetra Pak, an environmental impact assessment conducted by SIG Combibloc, and a comparative LCA led by the German institute IFEU.

Discusses why Tesco.com, an online grocery business in Great Britain, is thriving. How the company picks and packs orders from existing supermarkets; Comparison of Tesco.com to Webvan; How Tesco.com spent years developing and fine-tuning its online order and delivery system; Fee which is charged by the company for deliveries to customers.

Tesco Plc said its website and app are down for a second day after an attempted hack, preventing customers from placing orders with the largest U.K. grocer. "Since yesterday, we've been experiencing disruption to our online grocery website and app", a Tesco spokesperson said Sunday in an emailed response to questions. [Extracted from the article]

Speculation has arisen that Sainsbury's could attract takeover interest too given the improving performance of supermarkets and a private equity industry that by mid-2021 had amassed a record $3.3 trillion of unspent capital. Britain's second-biggest supermarket chain said last November it received some expressions of interest in a possible acquisition of Sainsbury's Bank Plc. [Extracted from the article]

Britain's largest grocer said it will start repurchasing 500 million pounds ($680 million) of shares in October and indicated further buybacks are likely. Tesco Plc plans to buy back shares and boost its profitability, seeking to lift its lackluster stock performance as private equity bidders circle U.K. supermarkets. [Extracted from the article]

(Bloomberg) -- Clayton Dubilier & Rice LLC outbid Fortress Investment Group in a rare auction for Wm Morrison Supermarkets Plc to determine which firm wins the battle for Britain's fourth-largest grocer. In a hard-fought contest, CD&R made a 287 pence-a share final offer, valuing the supermarket chain at about 7 billion pounds ($9.5 billion), the U.K.'s Takeover Panel said in a statement Saturday. [Extracted from the article]

The ruling advances the prospects for thousands of women in the U.K. grocery and retail sectors to be awarded equal pay. (Bloomberg) -- Shop floor workers at Wm Morrison Supermarkets Plc won a ruling in a U.K. employment tribunal in their fight for equal pay. [Extracted from the article]

(Bloomberg) -- The battle for Wm Morrison Supermarkets Plclooks set to drag on for at least a few more weeks afterClayton Dubilier & Rice LLC secured an extended deadline tobid for Britain's fourth-largest grocer. CD&R's last bid was rejected by Morrison's management inJune and it may face an uphill battle against Fortress,which pledged not to carry out material sales andleasebacks of the grocer's real estate portfolio. [Extracted from the article]

(Bloomberg) -- Fortress Investment Group sweetened itsoffer for Wm Morrison Supermarkets Plc to 6.7 billionpounds ($9.3 billion) days before a deadline for a rivalbidder amid a heated battle for Britain's fourth-largestgrocer. Fortress Sweetens Offer for U.K. Grocer Morrison to £6.7 Billion The Fortress-led consortium offered 270 pence a shareplus a 2 pence dividend for Morrison on Friday, up from aprevious offer of 254 pence, including the dividend. [Extracted from the article]

The firm's past European investments also include U.K. discount retailer B&M European Value Retail SA, which went public 2014, French home-goods retailer BUT and U.K. gas station and convenience store chain Motor Fuel Group. Wm Morrison Supermarkets Plc rejected as undervalued an unsolicited proposal from U.S. buyout firm Clayton Dubilier & Rice LLC that valued the U.K. grocery chain at about $5.5 billion pounds ($7.6 billion). [Extracted from the article]

The firm's past European investments also include U.K. discount retailer B&M European Value Retail SA, which went public 2014, French home-goods retailer BUT and U.K. gas station and convenience store chain Motor Fuel Group. Wm Morrison Supermarkets Plc rejected as undervalued an unsolicited proposal from U.S. buyout firm Clayton Dubilier & Rice LLC that valued the U.K. grocery chain at about 5.5 billion pounds ($7.6 billion). [Extracted from the article]

Presents information on economic conditions of people in Great Britain. Impact of food rationing policy of the government on people; Role of budget in the growth of black-market goods; Measures adopted by grocers for profit-making.

Sainsbury's is the second largest chain of supermarkets in the U.K., with 2,400 stores and an online presence. It pledges to customers it will continue to invest in both digital and physical so customers can buy more and save time as well as money. [ABSTRACT FROM AUTHOR]

The Supreme Court upheld a prior ruling by an appeals court in a case that has dragged on for five years. [ABSTRACT FROM AUTHOR]

(Bloomberg) -- British grocer Iceland Foods is planning a sale of sterling-denominated high-yield bonds, an asset class enjoying newfound popularity since the U.K. reached a trade agreement with the European Union late last year. The average yield on sterling junk bonds, an indication of borrowing costs, has fallen to 4% from 4.4%, according to data compiled by Bloomberg. [Extracted from the article]

(Bloomberg) -- Walmart Inc. said it has revived talks on a potential sale of its U.K. grocery unit Asda, after the potential multibillion-dollar deal was put on hold earlier this year amid the coronavirus pandemic. Asda increased its sales 6.3% from a year earlier and was the third-largest grocery chain by market share during the period, the data show. [Extracted from the article]

(Bloomberg) -- Tesco Plc Chief Financial Officer Alan Stewart plans to step down next year, extending a management overhaul at the U.K.'s biggest retailer. The CFO joined Tesco in 2014, when Lewis became CEO. [Extracted from the article]

(Bloomberg) -- Tesco Plc Chief Financial Officer Alan Stewart plans to step down next year, extending a management overhaul at the U.K.'s biggest retailer. Stewart's moves to shore up the balance sheet have helped lift the retailer's credit rating back to investment grade. [Extracted from the article]

(Bloomberg) -- Walmart Inc. has put the sale of a majority stake in its U.K. grocery chain Asda on hold to focus management's attention on running the business amid unprecedented spikes in demand driven by the coronavirus. EQT AB is deferring the sale of IFS, a software maker valued at more than 3 billion euros ($3.3 billion), while Bridgepoint is postponing the sale of Iberian agrochemical business Rovensa, Bloomberg News reported this week. [Extracted from the article]

Britons stockpiling in anticipation of the coronavirus lockdown gave U.K. grocers their strongest month in more than a decade, even as they shunned other types of shopping, according to the Confederation of British Industry. An index of grocery sales surged to the highest since 2009, and specialist food and drink stores also posted a strong increase But retailers' expectations overall plummeted to the lowest for 11 years, as consumers postponed discretionary purchases in the face of uncertainty about their jobs and health. [Extracted from the article]

(Bloomberg) -- For at least a decade, experts have been predicting the demise of the big box supermarket as online rivals like Ocado Group Plc muscled in. Ocado, the U.K.'s only pure play online grocer, saw such a spike in orders it had to temporarily suspend both its mobile phone app and its online shop last week. [Extracted from the article]

Two of Britain's biggest grocers stepped up their response to the coronavirus pandemic as shoppers crowd stores, with J Sainsbury Plc rationing purchases and Wm Morrison Supermarkets Plc planning to hire 3,500 people to expand its home-delivery service. Morrison CEO Dave Potts said the retailer is on a "crisis footing" and talked about the need to relax legislation to allow supermarkets to work together to ensure food supply. [Extracted from the article]

Two of Britain's biggest grocers stepped up their response to the coronavirus pandemic as shoppers crowd stores, with J Sainsbury Plc rationing purchases and Wm Morrison Supermarkets Plc planning to hire 3,500 people to expand its home-delivery service. Sainsbury also will shut fresh-food counters to help deal with the crush, while opening stores only to the elderly for one hour on Thursday to help them get the supplies they need before shelves are stripped bare. [Extracted from the article]

(Bloomberg) -- British food retailers have written a joint letter to their customers asking them to "buy responsibly" in the wake of shoppers stockpiling over fears about coronavirus. The U.K.'s Health Secretary Matt Hancock said Sunday he welcomed the retailers' letter and that the government is "confident" Britain's food supply would remain resilient. [Extracted from the article]