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 carried out by Barclays UK, the companies said in a Friday (Feb. 9) press release....
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. Even the most tech-focused grocery retailers are noting this need. Take, for instance, Amazon, which...
British grocery giant Tesco is trying out a new, more frictionless type of self-service kiosk, as grocers around the world are trying new ways to save on cashier labor and boost store efficiency. The United Kingdom grocer announced Thursday (Nov. 23) that it is adding...
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 downsize its financial services footprint, Reuters reported Friday (Nov. 17), citing unnamed sources. While Barclays has already...
May 29, 2023
British eCommerce shoppers still show a much stronger preference for at-home delivery, as local demand for curbside and in-store pickup options — or “click and collect” — in the U.K. remains stagnant year over year. In fact, according to data from the U.K. edition of the “Global Digital Shopping Playbook” report, 86% of British consumers opted to have their […]
February 09, 2024
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 carried out by Barclays UK, the companies said in a Friday (Feb. 9) press release. In addition, Barclays UK will enter into a long-term strategic […]
November 17, 2023
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 19, 2021
U.K. supermarket giant Tesco is taking on Amazon Go with its own version of “just walk-out” technology being trialed at its new GetGo stores. Using weight sensors in the shelves...
April 14, 2021
The pandemic has seen many supermarkets temporarily emptied of toilet paper, alongside a boost in grocery shopping as customers’ work-from-home patterns have persisted. As the pandemic slowly subsides, consumers could...
