Supermarkets in petrol price war
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Supermarkets are leading the way as petrol costs fall on the back of a slip in crude oil prices.
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The UK's largest supermarket - Tesco - says strong petrol sales aided a rise in third quarter sales across all parts of its business.
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Average retail gasoline prices rose by nearly 5 cents and are poised to rise further as those who make, distribute and sell gasoline see their profit margins squeezed, according to an industry analyst.
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The average price of unleaded petrol in the UK slips below 90p a litre after more supermarket price cuts.
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WOOLWORTHS Ltd chief executive Mr Roger Corbett yesterday signalled a shift in the supermarket battlefront away from petrol discounting as the retail group tipped 10-15 per cent profit growth in 2004-2005.
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Supermarket group Asda slashes 3p from petrol prices due to "over-supply" in the market, prompting a price cut pledge from Tesco.
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Consumer group complains of higher prices in U.K. than elsewhere in Europe.
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The average retail price of a gallon of gasoline in the United States jumped nearly 13 cents in the last two weeks and could go higher as retailers currently facing losses try to recover their profit margins, according to an industry analyst.
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Australasian grocer Foodland Associated which owns major chains in New Zealand says the hostile takeover bid by rival Metcash is complex and risky, and is urging shareholders not to act on the $920 million bid.
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OCADO, an online grocery retailer based in southeast England, may be about to instigate a new round of supermarket wars with the help of two digital phone switches it snapped up on the cheap from collapsed ...
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US average retail gasoline prices are again approaching $2 a gallon, reaching a four-month high amid record high crude oil prices and the effects of Hurricane Ivan, a leading industry analyst said on Sunday.
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New supermarket takeover battle looms after investment fund says it is considering a Â£12bn bid.
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A hike in petrol, diesel and cooking gas prices was postponed yet again by the government today. The decision was taken after pressure from the Left, which wanted the price hike to be put off till after the
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The effect of high crude oil prices continued to pinch consumers at the pump, with the average cost for gasoline rising 4.9 cents to the highest level in 14 months and diesel fuel soaring 6.3 cents to match the record set two years ago, the government said on Monday.
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Rising petrol and food costs push the price inflation of goods leaving UK factories to a new 16-year high.
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Supermarket fuel discount vouchers will be redeemable at Caltex service stations for another two months after the company extended its promotion. The vouchers, received when customers shop at Foodstuffs and Progressive supermarket chains, give customers discounts of up to 4 cents a litre on fuel.
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Yet more rage for British motorists Supermarkets in the south-eastern UK presented a fresh target for motorist anger today, as reports circulated that the grocery chains had been selling contaminated fuel.â¦