February 09, 2024
Barclays to Acquire Tesco Bank, Partner With Tesco Stores
Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure. The acquisition of Tesco Bank will be...
January 18, 2024
UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. The move follows a strategic review of the company’s banking arm, the supermarket chain said in a statement Thursday (Jan. 16),...
December 21, 2023
Grocers’ Traditional Self-Checkout Kiosks Made Cautious Comeback in 2023
As new forms of self-checkout expanded across the global grocery industry throughout the year, key players found in 2023 that it is essential to continue to offer consumers familiar options....
November 17, 2023
Barclays Makes Indicative Bid for Tesco’s Banking Business
Barclays is reportedly considering the acquisition of Tesco’s banking operations. Tesco, a British food retailer, has invited potential buyers to submit non-binding offers for Tesco Bank as part of its efforts to...
October 26, 2023
Review of the CMA’s Approach to Vertical Mergers
In a report for the CMA, we reviewed four merger cases that were assessed by the CMA in 2017, which were either purely vertical or had a strong vertical component....
January 25, 2023
Kroger Expands Pharmaceutical Efforts with Clinical Trials as Grocers Diversify
To expand its healthcare reach, Kroger is getting into clinical trials. The grocery giant announced Tuesday (Jan. 24) that its Kroger Health division is working with pharmaceutical organizations to set up a clinical trial...
December 19, 2022
Sustainable Supply Chain Finance Gains Traction in MENA
Supply chain financing is going green as businesses worldwide work toward their sustainability goals. The increasingly popular practice, known as “sustainable supply chain finance,” entails assessing and providing loans that...
December 02, 2022
UK Cash Supply Threatened in Lead-Up to Holiday Season
G4S is one of the most important players in the U.K.’s cash ecosystem. Its subsidiary, G4S Cash Solutions, is one of only four companies that participate in the Bank of...
August 01, 2022
AI-Powered Autonomous Stores Usher in Next-Gen Retail for European Shoppers
It was a little over a decade ago that self-checkout technology started becoming mainstream in Europe. Since then, the cashierless retail experience has gained traction in the region as self-service...