Aldi is owned by the German Albrecht family, but the business is split into two separate, independent companies: Aldi Nord (owned by the heirs of Theo Albrecht) and Aldi Süd (owned by the heirs of Karl Albrecht), who split the business in 1961. They operate in different global regions, with Aldi Nord owning Trader Joe's in the U.S. and Aldi Süd running the Aldi stores in the U.S. and UK, among other countries.
Morrisons is owned by the U.S. private equity firm Clayton, Dubilier & Rice (CD&R), which acquired the supermarket chain in a £7 billion takeover deal that took the company private in late 2021. CD&R continues to own Morrisons, though it has since sold off some assets like petrol forecourts to other entities also linked to private equity, with Morrisons retaining a minority stake in those ventures.
Nigeria's richest woman Folorunsho Alakija has donated a Skills Acquisition Center to Yaba College of Technology, a higher educational institution located in Lagos.
Founded in 2015, Sundry Markets is a home-grown Nigerian grocery retailer providing a superior shopping experience to customers and a one-stop destination for prepared and packaged food, fresh baked goods, fruits and vegetables, butchery products and beverages, as well as personal and home care products across ...
Nduka Obaigbena, the founding Chairman and Editor-in -Chief of THISDAY Media Group and ARISE News Channel, delivered a spirited address at the ongoing 21st All Nigeria Editors Conference in Abuja, urging editors to defend democracy, adapt to artificial intelligence, and reclaim Africa's voice in global media ...
The group owns retail franchises Four Square, New World and Pak'nSave, and in-store private labels Pams, Pam's Finest, and Pam's Value (formerly named Budget). Foodstuffs operates over 400 retail stores as of 2020, and serves an estimated 3.6 million customers each week.
All of our fresh chicken is sourced from British farms and is grown to the Red Tractor Assurance standard. In 2019 we were the first British retailer to introduce Welfare Windows on our fresh chicken, with the overarching aim of empowering our customers to make more informed purchasing decisions.
Tesco is significantly bigger than Lidl in terms of overall market share and revenue in the UK, remaining the largest supermarket chain, while Lidl is one of the fastest-growing, rapidly gaining market share and closing the gap with traditional players like Morrisons, becoming a major force. Tesco leads with over 28% of the market, whereas Lidl is around 8%, but Lidl's rapid growth (over 10% in sales) and expansion make it a strong contender, placing it near the top five.
Morrisons is trying to turn around performance after building up debts in a £7bn takeover by the US private equity group Clayton, Dubilier & Rice in 2021. Tesco, the UK's biggest supermarket chain, notched up sales growth of 7.4%, taking its market share to 28.4%, well ahead of any rival.
