Hershey Co. to acquire beef jerky maker Krave Pure Foods Inc
Hershey Co. announced plans to acquire the premium beef jerky maker Krave Pure Foods Inc. The purchase will allow the American candy company to...
Waitrose expanding across the UK, creating 2,000 jobs
Upmarket supermarket chain Waitrose says that it will create 2,000 jobs through opening new shops and by expanding existing ones across the UK.
The John Lewis-owned grocer...
Tesco closing its e-book selling service Blinkbox Books
Tesco is giving up on its e-book selling service Blinkbox Books.
The retailer did not manage to secure a deal with Waterstones for the sale...
UK retail bonanza boosted by oil price slump
Retail growth in the UK during the three-month period ending December grew by 2.3% compared to the previous three-month period, the highest growth since...
GoodLife plans on acquiring Target locations across Canada
GoodLife Fitness is exploring the option of acquiring soon-to-be-closed Target locations to expand its presence across Canada. It is also offering job opportunities to Target...
Sainsbury’s to drop PwC for Ernst & Young if investors agree
Britain’s second-largest supermarket chain Sainsbury’s said on Friday that it planned to stop using PwC (PricewaterhouseCoopers) as its auditors and replace it with arch-rival...
Sony is closing all its stores in Canada
Sony announced it will be shutting down all of its Canadian stores over the next couple of months. A total of 14 stores will...
Target closing all its Canadian stores
Target will be closing all its stores in Canada, according to an announcement made on Thursday. The retailer has 133 Canadian stores and over 17,600...
Morrisons boss Dalton Philips ousted after declining Xmas sales
Morrisons, the UK’s fourth largest supermarket chain, posted a 3.1% decline in like-for-like sales (excl. fuel) in the six weeks to January 4th, prompting...
Tesco to close 43 stores and its headquarters
Troubled supermarket giant Tesco plc announced it is set to close 43 unprofitable stores across Britain, many of which are local convenience shops, as...