retail news in context, analysis with attitude

Reuters reports that in the UK, Tesco “tightened its hold on the nation’s food market on Wednesday” when the government’s Competition and Markets Authority (CMA) approved its acquisition of wholesaler Booker, which supplies more than 100,000 independent retailers.

However, while Tesco and Booker would like the deal to close early next year, it may not be that easy. The Guardian reports that rival wholesalers are weighing the possibility of an appeal of the CMA ruling.

• Sixty-six unit chain Fresh Thyme Farmers Market will “scale back” its expansion efforts in 2018, according to a story in the Chicago Daily Herald. Unlike 2017, when the company opened 20 new stores, next year will see the opening of 10 new units.
KC's View: