TDR Capital takes ownership control of Asda after Issa brother sells stake

Asda shows small decline in third-quarter results, but online business is strong

Private equity firm TDR Capital LLP has taken control of supermarket chain Asda after Zuber Issa split with brother and co-owner Moshin Issa and sold off his stake in the company. TDR Capital now owns 67.5% of Asda, while Moshin has 22.5% and Walmart the other 10%. The deal is expected to be finalized in […]

Westfalia puts stamp on sustainability by engraving Tesco logo on avocados

Avocado fans will notice interesting changes when buying one of Britain’s most popular fruits. In a move to help the environment, Tesco will do away with the sticky labels that extra-large avocados have today in favor of eye-catching laser engravings. At the same time, it is trialing the replacement of the plastic tray packaging on […]

BerryWorld’s ‘outstanding’ Ruby raspberries earn Superior Taste Award

BerryWorld’s Ruby raspberries were recently honored with the Superior Taste Award at the International Taste Institute awards, scoring an “outstanding” in the blind tasting with 3 stars.  Currently grown in the UK, the Netherlands, Portugal, France, Germany, and Italy, BerryWorld’s new raspberry variety “captivated the professional panel of experts with a near-perfect score for its […]

South African raisins rebound, ready for major promotional campaign in UK

South African growers drive UK campaign to debunk myths on raisins

South African raisin producers have bounced back in 2024, achieving a total crop size of 95,000 tonnes with outstanding quality, following several challenging years for the industry.  A combination of adverse weather conditions, global economic uncertainty and increased input costs has put pressure on suppliers, resulting in a reduced crop of 60,231 tonnes in 2023.  […]

Blueberry season begins ramping up in South Africa, with exports set to rise again

South African blueberry industry, reliant on exports to UK, forecasts soaring growth

The blueberry industry in South Africa, although relatively nascent in comparison to other countries, has seen a steady increase in production and exports. This year, growers are optimistic about the country’s output, anticipating a 10% growth in exports and expecting to achieve its target of 25,000 tonnes of blueberries, a significant increase from last year’s […]

Co-op implements lower prices on fresh produce in convenience stores across UK

Co-op has reduced the costs of more than 50 lines of fruits and vegetables to help cash-strapped consumers while keeping pace with pricing from competitors. Noting that price reductions are still critical in a tight economy for British shoppers, the retailer is providing savings in the most impactful section of its convenience stores – healthy […]