Retail news from FPJ – Page 224
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ArticleBooker-Makro deal gets CC approval
A controversial merger between the two wholesalers Makro and Booker has finally been given the green light by the Competition Commission
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M&S returns to Holland
Upmarket retailer Marks & Spencer will return to the Netherlands with a 'tech-savvy' approach
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ArticleTesco posts annual profit decline
The UK retailer has announced an 8.3 per cent decline in annual UK profits and will drop plans to create 100 new stores
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Tesco set to acquire Giraffe for £50 million
Tesco is set to buy 47 outlets of restaurant chain Giraffe in a deal worth up to £50 million.
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M&S reportedly set for £8 billion takeover bid
Marks and Spencer is set for an imminent takeover bid from The Qatar Investment Authority, one of the Middle East's largest investment funds, according to media reports.
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Sainsbury's invests £1.2 million in R&D
Greenvale and Albert Bartlett were among the winners as Sainsbury’s handed out over £1 million in R&D grants across its UK supply chain at its annual farming conference last week.
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Sainsbury's continues upward trend
Sainsbury’s is the top performer among the big four supermarkets according to the latest Kantar data while Waitrose and Aldi have both posted stunning rates of growth.
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Asda boosts Pakistani mango imports
Asda, the UK’s second-largest grocery retailer by market share, is planning to increase its Pakistani mango imports this season in response to strong consumer demand.
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Managed pubs lead the way in foodservice
The most dynamic growth in the UK’s foodservice sector is coming from managed pubs, according to a new report from Horizons, handing fresh produce suppliers a market opportunity.
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Tesco to put renewed focus on loose produce
Tesco plans to revolutionise the way it markets and sells loose fruit and vegetables in the UK market.
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Morrisons to launch online service in 2014
Morrisons has confirmed that it is in talks with online retailer Ocado to help launch its 'first' online home delivery service.
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Morrisons plans for future after latest sales dip
Morrisons has announced its first drop in profits for six years, while like-for-like sales fell 2.1 per cent, in its annual financial results.
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Tesco revamps top-fruit supply
Tesco has moved a step closer to procuring all of the apples and pears it sells in the UK direct from source, after making plans to further increase the volume of top fruit it buys from growers via its fresh produce direct procurement arm Group Food Sourcing (GFS), according to Eurofruit.
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Waitrose reveals strong annual results
Waitrose has announced like-for-like sales growth of 3.4 per cent in its annual results.
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Tesco pulls Thai exotics event
UK retail giant Tesco has pulled its annual Thai exotics drive this year due to quality and availability constraints.
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Contactless payment success for Co-op
The Co-operative has installed contactless payment terminals in 1,800 of its 2,800 food stores with plans to use the technology in all UK food stores by 2014.
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Tesco promises radical supply chain shake up
Tesco chief executive Philip Clarke has promised to make 'the most radical change in the relationship between the retailer and producer that's ever been attempted.'
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Sainsbury's grows ahead of 'big four' rivals
Despite the recent horse-meat scandal and its anticipated impact on sales, Sainsbury's has managed to buck the trend as the only retailer of the so-called 'big four' to increase its grocery share for the 12 weeks ending 17 February.
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Waitrose unveils new drive-through service
Upmarket retailer Waitrose is set to open its first ever drive-through click & collect service store as part of a multi-million pound omni-channel investment.
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Tesco finishes bottom in satisfaction survey
A new study collating customer satisfaction scores for the UK's major supermarket chains has placed Tesco, the country's leader by market share, at the bottom of the list.