UK: Ocado to match Tesco on price
The company will launch Ocado's Price Match on Wednesday (12 March), a programme that will see prices cut on 3,500 lines.
Tim Steiner, Ocado chief executive said: "Ocado's Price Match, coupled with our delivery charges which are the lowest in the industry, will make us accessible to millions of new customers who will be able to enjoy the benefits of a superior service without being penalised on price."
Competition in the UK's booming online retail sector is heating up. Last week, just-food reported a jump in online retail sales of 54% in the UK last year, proving more consumers are choosing to ditch traditional shopping habits for convenience.
A total spend of GBP46.4bn (US$93.4bn) for 2007 means that GBP0.15 in every GBP1 spent in the UK retail sector is online, data from the IMRG Capgemini e-Retail Sales Index showed.
The economic downturn in the UK is fuelling growth in the discount food retail sector, and in response mainstream grocers are adapting their offers. Ben Cooper reports on the discount boom, and asks w...
A small bomb was detonated in a Tesco Lotus superstore in Nakhon Ratchasima, north-eastern Thailand, yesterday (4 September)....
Canadian convenience operator Alimentation Couche-Tard said that it expects to grow full-year sales despite feeling the negative impact of the global credit crunch during the first quarter....
A UK consumer group has accused the country's retailers of promoting unhealthy eating habits by offering increasing numbers of discounts on sugary and fatty foods....
Carrefour booked a positive set of first-half results at the end of this week but revealed it was still experiencing lacklustre growth in its home market of France. In an effort to turn this around, t...
UK retail giant Tesco is in talks to open Britain's first pensioner-friendly supermarket, just-food was told today (29 August)....
Kraft Foods is relaunching its entire range of Dairylea cheeses in the UK, in a move designed to emphasise the brand's health credentials....
The Czech Republic's competition authority, the Office for Protection of Competition (UOHS), has conditionally approved Rewe Group's acquisition of the Plus discount chain....
- Interview: Sir Kensington's on sale to Unilever
- Analysis: Post discusses rationale for Weetabix
- Interview: "Disruptive" snack brand Hippeas
- Who will buy Danone's Stonyfield business?
- Column: Why snacking is the new meal
- Unilever buys US condiments maker Sir Kensington's
- Tyson shops Sara Lee bakery, Kettle and Van's
- Dairy dampens Danone in Q1
- Icelandic to sell Saucy Fish Co. owner Seachill
- Nestle organic growth slows but beats expectations