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 […]

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.  […]

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 […]

Embracing the Green Wave: Avocado Consumption on the Rise Across UK, Europe

Q&A: Greencell Ltd. director discusses EU avocado market's import shortfall, Spanish harvest

While last year posed challenges for the fresh food industry amidst economic uncertainty and the cost-of-living crisis, the avocado industry continued to show positive growth across Europe. Last year saw a notable increase in avocado consumption across Europe, with the UK securing its position as the joint second-largest consumer alongside Germany, each consuming around 121,000 […]

Aldi reaches historic 20-year deal with British apple grower AC Goatham

AC Goatham & Son, one of the most renowned fruit farms in the UK, has reached a new £750 million deal with Aldi to supply it with fresh apples and pears. Based in Kent, AC Goatham has been working with Aldi since 2016, but was not its sole provider of British apples until last year. […]