Retail news from FPJ – Page 123
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Bakkavor to float after all
Prepared produce supplier decides to list shares but at a lower price despite previous concerns about market volatility
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Lidl opens new £55m RDC in Exeter
Distribution centre part of plans to modernise facilities in South West and invest £1.45bn in UK business by 2019
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Wage inflation and price cuts hit Sainsbury’s profits
Group profits down nine per cent due to ‘price investment, wage costs and Argos takeover' but sales rise as retailer improves food ranges
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Iceland expands Food Warehouse format
Retailer puts focus on wider product range as it steps up plans to hit 1,000 stores by 2020
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Spanish contracts signed early to avoid shortages
Aldi working with Spanish growers ‘earlier than normal’ as retailers take precautions following last season’s snow and floods
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M&S to slow Simply Food openings due to competition
Revenue at retailer’s food business rose by 4.4 per cent in the last half year but faces competition from rapid growth of convenience
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Fruit and veg crisps listed at Ocado
Fruit and veg crisp manufacturer says deal could help its turnover double by end of 2017
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Gousto joins Christmas dinner frenzy
Meal kit brand’s new ‘Get-Together’ box offers recipes for the entire festive period with a box of eight recipes for £74.99
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Kevin the Carrot is looking for love
Aldi's popular root veg hero is returning to screens in the discounter's Christmas ad, alongside a new romantic interest
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Amazon ‘to shut two Whole Foods stores’
Industry insiders say decision makes logistical sense because neither store is serviced by Amazon Fresh delivery service
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Basing prices on production is not the answer
The French proposals to let producers set prices is not the way to end the retail price war in the UK, writes Fesa's Sisco Tello
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The Food Warehouse overhaul focuses on grower brands
Major relaunch of fresh produce range includes focus on specialist family growers and ‘real farm brands’
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European shopping frequency in decline
British suppliers eyeing growth in European retail sector should note market trends and frequency declines, writes Kantar's Chris Cowan
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Hello Fresh launches Christmas dinner box
Butter-basted turkey and veg trimmings are available from £69.99 for four, six, eight or ten people from recipe box firm
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Tesco boss's 'shock' over false accounting claims
Supermarket's chief executive says he was surprised to find out in 2014 that company’s profits had been misstated
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Branston's Italian spuds return to Tesco
Puglia-grown seasonal potatoes to be sold in 400 stores over the coming weeks
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Tomatoes trade up as Brexit bites
Premium on-the-vine varieties are driving the category but Brexit poses both opportunities and challenges for growers
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Morrisons launches wonky apples hit by spring frosts
Supermarket becomes second major retailer to buy apples with “frost eye” from British growers affected by April frosts
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Bakkavor withdraws plans to float
Prepared produce supplier said it had received sufficient demand but proceeding with public listing ‘not in best interests’
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Morrisons sales rise after eighth quarter of growth
Like for like sales have risen by 2.5 per cent at Morrisons as retailer limits impact of sterling to keep prices down