Thousands of Tesco customers have had online orders cancelled after a computer glitch, with the supermarket saying up to 10% of orders had been affected nationwide. The Guardian writes that home delivery customers were left fuming over the computer glitch, venting their frustrations on social media. Read The Grocer’s coverage here.
The Telegraph retail editor Ashley Armstrong says the Sainsbury’s move for Nisa shows that supermarkets can’t afford to stand still. “Not many thought that Sainsbury’s boss Mike Coupe would be so quick and so keen to return to the acquisition trail,” she writes in the column. “However, he has likely been emboldened by the grocer’s most recent results. They showed that Argos sales have defied the sceptics by propping up a weakening food business.”
Swiss food group Nestlé has taken a stake in Freshly, a New York-based online ready meals company, as it seeks to shore up its position in the America’s fast changing food retail market (The Financial Times).
An opinion piece in The Guardian says that Amazon is eating the world, one industry at a time. “Wall Street can see the writing on the wall: Amazon is taking over,” the paper adds.
The Times interviews Anna Rosier as she looks back on 13 years of running one of Britain’s biggest baby and toddler food brands. She says that one of her proudest achievements since forming Organix is putting an end to the blue Smartie. Nestlé stopped producing the blue version of its famous chocolate sweets back in 2006 after a campaign instigated by Organix over the effects of artificial additives in children’s food.
The Financial Times puts wine merchant Tony Laithwaite under the spotlight in its ‘My First Million’ feature. Laithwaite started a home-delivery wine business in 1969, after working in the vineyards of Bordeaux as a student, and today, his Laithwaite’s Wine, offers 1,500 wines and delivers to 750,000 customers. He says: ‘My company is more an obsession than a business.’
A Big Read in The Financial Times delves into why soyabeans are ‘the crop of the century’.
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