Deutsche Post AG is testing secure boxes installed at people’s homes to enable a drop-off even when the recipient is out as the German mail service seeks to boost deliveries of food and consumer goods in its home market.
William Morrison Supermarkets Plc faces a second year of declining same-store revenue as a lack of convenience stores and the absence of an online grocery business hampers progress, Chief Executive Officer Dalton Philips said.
The lobbyist for grocers including Kroger Co. and Safeway Inc. is calling on President Barack Obama to curtail a U.S. health law provision that mandates the companies display the calorie content of all their foods.
Ocado Group Plc, the U.K.’s largest online-only grocer, fell in London trading after repeating that any partnership with William Morrison Supermarkets Plc won’t involve a takeover or Morrison acquiring a stake.
Tesco Plc, the U.K.’s largest retailer, said it will exit the U.S. and scale back domestic expansion at a cost of about 2 billion pounds ($3 billion) as it reported the first annual profit drop in almost 20 years.