Britain's third-biggest supermarket reckons the likes of Aldi and Lidl will struggle to carry on growing sales in cramped existing stores with limited car parking.
MARKETS AT A GLANCE. (Data as of approximately 5 p.m. ET). LAST, CHANGE, % CHG. DJIA, 17841.98, -86.22, -0.48%. Nasdaq, 4919.64, -19.68, -0.40%.
One of Britain's largest tobacco companies is blaming its recent decline in sales on the instability caused by Islamic State (ISIS) in the Middle East.
ENTREPRENEUR Mike Welch has sold online tyre business Blackcircles to French giant Michelin in a deal worth �50 million which is likely to have netted him a substantial reward.
EXTRACTING the estimated 23 billion barrels of oil and gas that remain in the UK North Sea will require a hefty 40 per cent reduction in the industry's cost base, according to trade body Oil & Gas UK.