Low-cost and online grocers were the fastest growing food sellers in the U.K. over the three months ending on Sept. 10, according to industry data, as pressure on traditional retailers continued. , the U.K.'s online-only grocer, saw sales in the time period grow 10.1%, according to data from Kantar Worldpanel released Tuesday, with 834,000 households shopping at the retailer in the 12 gives, giving its highest-ever penetration of population. Low-cost retailer Lidl saw the fastest sales growth, with sales up 19.2% in the period.
Uber has filed a lawsuit against Fetch Media, alleging the agency misrepresented the effectiveness of its mobile ads, failed to prevent ad fraud and didn’t return rebates.
Last week brought a steady stream of telecom news, as leading executives of Comcast, Verizon and AT&T opened up about the state of their industry and hinted toward what plays they intend to make to stay alive at the annual Goldman Sachs Communacopia Conference. Comcast’s CEO Brian Roberts unsurprisingly delivered a full-scale defense of the company’s financial state after Xfinity Services head Matt Strauss warned the company could lose as many as 150,000 video subscribers in Q3 at a Merrill Lynch conference the week before, causing its stock price to sink. Earlier in the conference, AT&T CEO Randall Stephenson laid out a plan to leverage the company’s pending acquisition of Time Warner much like