The news: Tesco is taking aim at Ocado Group by launching Transcend Retail Solutions. The subsidiary is focused on helping international supermarket chains develop their ecommerce operations, per The Sunday Times.
- Transcend enables grocers to use Tesco’s software and hardware to fulfill online orders from their stores. It also offers consultancy services.
- The division secured its first partnership—with New Zealand’s largest grocer, Foodstuffs North Island.