The £1.2 Billion Meal Deal
By
Save
Morning, I'm Louise Moon
When you pick up your Tesco, Boots or even Waitrose meal deal, just remember there's a mega-merger behind the chilled hummus dip and freshly cut mango.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 hours ago
- Yahoo
Cool Company Ltd. Announces First Half 2025 Earnings Release Date
LONDON, August 21, 2025--(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / "CoolCo" or the "Company") will host a First Half 2025 Earnings call and webcast presentation on Thursday, August 28, 2025, at 8:00 A.M. New York / 2:00 P.M. Oslo / 1:00 P.M. London. The presentation will be available to download from the Presentations and Webcasts subsection of the Investors section of the Company's website at We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the teleconference dial-in options listed below. We recommend connecting 10 minutes prior to the scheduled start time. Information on how to ask questions will be given at the beginning of the Q&A session. There will be a limit of two questions per participant. a. Listen-only live webcast link Go to the Investors - News - Presentations and Webcasts section at and click on the "Webcast" link. b. Teleconference Conference call participants who wish to raise a question during the Q&A session should join the teleconference by phone using one of the following options and conference ID 7960822: North America +1 (800) 715-9871 International +1 (646) 307-1963 Please download the presentation material from (Investors - News - Presentations and Webcasts) to view it while listening to the conference. If you are not able to listen at the time of the call, you can access a replay of the event audio on (Investors - News - Presentations and Webcasts) (on-demand link is available for one year). This information is subject to the disclosure requirements pursuant to Regulation EU 596/2014 (MAR) article 19 number 3 and Section 5-12 the Norwegian Securities Trading Act. View source version on Contacts For further information, please contact:c/o Cool Company Ltd - +44 207 659 1111 / ir@ Richard Tyrrell - Chief Executive OfficerJohn Boots - Chief Financial Officer
Yahoo
11 hours ago
- Yahoo
The cheapest and most expensive supermarket meal deals
As Tesco hikes its prices, how do the supermarkets' meal deal prices compare? Tesco has announced a 25p price increase for its lunchtime meal deal for all customers from today (21 August). Prices for the meal deal - consisting of a main (such as a sandwich or wrap), a snack and a drink - have risen from £3.60 to £3.85 for Clubcard members, while non-Clubcard members will now have to pay £4.25. It comes after prices were hiked just a year ago, as well as in 2022. A Tesco spokesperson defended the move, saying the meal deal "remains great value". Why is Tesco increasing the cost of its meal deal? Tesco has not specifically said why it is increasing the price of its meal deal, but it comes following years of high food inflation, pushing prices up for both consumers and retailers. Grocery prices are 5% higher than a year ago and Tesco is among dozens of retailers who have written to chancellor Rachel Reeves, warning that new taxes in the autumn budget would push prices up even higher. Other supermarkets - including Sainsbury's - have also put the price of their meal deals up during the cost of living crisis, reflecting the economic challenges. Tesco highlighted its broad range of lunch choices when announcing the news of the price rise. However, it also comes off the back of recent figures that showed Tesco enjoying its largest monthly share gain since December 2024, as its hold of the market rose by 0.8 percentage points to 28.4%, driven by sales growth of 7.4% compared to last year. Which meal deals are the cheapest? For Co-op members, it will cost £3.50 for a lunch meal deal, and £4 for non-members. Their website states that these prices will remain in place until at least the end of the year. For a cold sandwich and a regular hot or cold drink, Greggs charges £3.75. The bakery chain offers a variety of other lunchtime deals for their pastries and savoury snacks - the most expensive being £4.95 for a hot sandwich and wedges with a regular hot/cold drink. A main, snack and a drink will cost £4 for Boots customers, or £3.75 for anyone with a Boots Advantage Card. Prices are higher in London - £5 for customers and £4.75 for those with with Advantage Card. Tesco's new meal deals price is £3.85 for Clubcard members and £4.25 for everyone else. Their meal deals were priced at £3 for 10 years - before prices rose in October 2022 as food prices shot up. Sainsbury's offer their meal deals for £3.95 - and in a marked difference from other supermarkets, the price is the same for customers without loyalty cards. However, Sainsbury's increased the price from £3.75 in June this year, having already increased it from £3.50 in July 2024. Morrisons customers with loyalty cards will pay £3.50 for their meal deal, while it costs £4 for everyone else. The supermarket increased the cost of its meal deal by 50p from £3 to £3.50 in 2022. Upmarket supermarket Waitrose charges £5 for everyone for their lunchtime meal deal. It was introduced in 2023 and the price has stayed the same since then. Asda does not have a meal deal that offers a set price for three lunch items. However, customers are able to mix and match three selected items and get the cheapest one free. Food inflation keeps rising Recently released figures have shows that supermarket inflation is actually falling - but retail experts say it remains "well past the point at which price rises really start to bite". Grocery prices were 5% higher than a year ago in the four weeks to 10 August, according to market research firm Worldpanel by Numerator, which was recently renamed from Kantar. However, this was down from July's 5.2%, which represented a rise from inflation of 4.7% a month earlier and marked the highest level since January 2024. Fraser McKevitt, head of retail and consumer insight at Worldpanel, said: "What people pay for their supermarket shopping often impacts their spending across other parts of the high street too, including their eating and drinking habits out of the home." While Tesco enjoyed its largest monthly share gain since December 2024, both Asda and Co-op saw sales down on a year ago, by 2.6% and 3.2% respectively.
Yahoo
12 hours ago
- Yahoo
UK supermarket Waitrose says boss James Bailey to step down
LONDON (Reuters) -British supermarket group Waitrose said on Thursday its boss James Bailey will quit the business at the end of next month. Bailey has held the managing director role at the upmarket grocer, which is part of the employee-owned John Lewis Partnership, since 2020, steering it through the pandemic and the cost of living crisis. No reason was given by Waitrose for his abrupt departure, though Bailey said: "This feels like the right time to hand over the reins." Partnership Chairman Jason Tarry, a former Tesco executive, added: "We will be sad to see James go but understand and respect his decision to step down." Waitrose, which has a 4.4% share of Britain's grocery market, said Tina Mitchell, currently retail director, will become interim managing director when Bailey leaves on September 30. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
