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Tesco's deal shows how supermarkets in UK must evolve or perish

Buying Booker means Tesco will have leading positions in the fastest-growing areas of the food-retailing business.But not all of the grocer's followers are fans of the takeover. PHOTO: BLOOMBERG


TESCO plc's £3.7 billion (S$6.6 billion) plan to buy Booker Group plc shows how Britain's supermarkets must adapt to survive in a grocery industry that has changed beyond recall.

With traditional, one-size-fits-all store models under pressure from discounters and online...

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