Report: Amazon expected to eclipse Tesco as top UK retailer by 2025 as online grows

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According to a new report released by Edge Retail Insight, Amazon will overtake Tesco as the UK’s top retailer within the next four years. Though Tesco’s current sales are nearly double that of Amazon’s (£64bn compared with £36.3bn in 2020), the newer retailer is quickly gaining ground on its competitor. Edge by Ascential, whose research […]

Court sides with Asda workers in equal pay dispute

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

Shopworkers at Asda have won the latest stage in their fight for equal pay in a ruling that could lead to a £500 million (US$688 million) compensation claim and could have big repercussions for the supermarket sector. The supreme court has backed a 2016 employment tribunal decision that the supermarket’s retail staff, who are mostly […]