Sainsburyâs expands rapid grocery delivery trials with Deliveroo and Uber Eats
UK: Tesco reports £2bln profit after exceptionally strong sales
Tesco, Britain s biggest retailer, beat its guidance by reporting total adjusted retail operating profit of £1.99bln (â¬2.29bln) after seeing exceptionally strong sales during the COVID-19 pandemic. The retailer reported a 6.3% rise in group like-for-like sales, including a 7.7% lift in its core British market. UK online surged 77% to £6.3bln as it doubled capacity to 1.5mln slots a week. Operating profit, however, fell 14.7% as the company incurred costs in adapting to the pandemic.
UK: Sainsburyâs expands rapid delivery tie-ups
Sainsburyâs has expanded its rapid grocery delivery trials with Deliveroo and Uber Eats to hundreds of stores. Under a new two-year contract with Deliveroo, around 100 stores across the UK will now offer the service. It means 30% of people in Deliveroo zones can access more than 1,0
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W Galen Weston, billionaire and retail visionary, is dead at 80 kitv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitv.com Daily Mail and Mail on Sunday newspapers.
Weston previously held executive and senior roles at food, retail and real estate giants his family founded or led including Loblaw Companies Ltd., Choice Properties, Selfridges Group and Weston Foods.
He retired as chairman of George Weston Ltd. in 2016 to make room for his son Galen G. Weston, a tradition set by his father, W. Garfield Weston, who also stepped down at the age of 75. As he pushed me and my sister up and down store aisles in a shopping cart, our Saturdays became lessons in retail, bakery, and real estate, where I also saw firsthand the fundamental values that lead to success, Galen G. Weston, who is also executive chairman and director of Loblaw, told The Canadian Press in an email.
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