Tesco’s £3.7bn merger with wholesaler Booker has won approval from shareholders. Following support from the supermarket group’s investors, Tesco confirmed in a statement that Booker’s shareholders had now also backed the deal. The combined business is expected to start operating on 5 March 2018. Dave Lewis, group chief executive at Tesco, said: “I’m delighted that the shareholders of both companies have supported the merger. “This merger is about growth, bringing together our complementary retail and wholesale skills to create the […]
Temperature controlled storage and transport firm Reed Boardall has been named Fresh and Frozen Foods Haulier of the Year by retailer Tesco. The firm, which operates from a 142,000 pallet capacity cold store in Boroughbridge, North Yorkshire and runs 160 refrigerated trucks, won the award for a combination of good service and the use of high-capacity double-deck reefer trailers.
TNT Post is to conduct a second end-to-end delivery trial from mid-April in west London, following the successful conclusion of a final-mile trial in Liverpool. The private postal operator has held long-term ambitions to roll-out a complete end-to-end service rivalling Royal Mail, but says it has been unable to achieve this goal due to the national incumbent’s exemption on final mile deliveries. Nick Wells, TNT Post chief executive, says: “TNT Post has built an excellent reputation for quality, innovation and […]
Around 2,000 drivers and warehouse staff across three Tesco DCs could be taking strike action in the run-up to Christmas, after union Unite began balloting them following what it described as a “pitiful” pay offer by the retailer.