Retail news from FPJ – Page 233
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ArticleTesco's market share slips
Tesco has dropped market share as Iceland puts in its strongest performance in a decade.
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ArticleCo-op hires new food business chief executive
The Co-operative Group has hired Steve Murrells as chief executive of its food business, taking over from Tim Hurrell who retired last year.
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ArticleHalifax grocer hit with massive fine
A convenience-store owner in Halifax has been fined more than £3,000 for offering rotten produce for sale.
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ArticleEating out figures slump
Latest research shows that consumers are reserving eating out for special occasions only as they make seek to rein in spending with pub restaurants the winners.
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ArticleTesco hoping vouchers will reverse fortunes
Tesco has taken out full-page newspaper and television adverts to publicise a new money-off promotion aimed at winning back customers after what it has admitted was a “disappointing” Christmas campaign.
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ArticleCo-op makes huge investment in new depot
The Co-operative has started work on a new £22 million distribution depot in north Derbyshire.
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ArticleSainsbury's makes Games investment
Sainsbury’s has pledged to invest £10 million in the UK School Games competition over the next four years.
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ArticleAusterity warning for foodservice
In 2012, the foodservice and hospitality sectors are going to face the toughest down-turn conditions yet, a senior market analyst is warning.
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ArticleMarkets unveil multi-million pound refits
Bolton and Brighton markets are set for major redevelopment work after new plans were revealed.
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ArticleTesco predicts 'minimal profit growth' after poor results
Chief executive Philip Clarke calls results "disappointing" and says plan to improve shoppers' experience will hit profits in the year ahead.
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ArticleWest Midlands horticultural study to be revealed
A new West Midlands horticultural study will be launched to growers this week.
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ArticleFood sales bolster M&S results
Strong food sales have helped Marks and Spencer deliver robust results in the final quarter of 2011 despite a slump in sales of clothing and other goods.
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ArticleRetailers resolve to cut more prices in 2012
Supermarket price-cutting wars are intensifying as the major multiples attempt to offer unmissable deals to pull in shoppers and avoid a post-Christmas slump.
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Tesco C&C plans for India 'on hold'
Tesco, the world's third-largest food retailer, has apparently postponed plans to set up wholesale cash-and-carry centres in India.
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ArticleSupermarkets' giant expansion plans revealed
British supermarkets are building or planning 44.4 million square feet of store space, over seven million square feet more than Tesco’s shops currently cover.
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ArticleMorrisons opening hundreds of local stores
Morrisons is planning to open hundreds of convenience stores over the next few years that will offer the same prices found in its supermarkets.
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ArticleOcado shares plunge as profit estimate revised
Shares in online supermarket Ocado have dropped by as much as 12 per cent since it has announced profits for the financial year are set to be lower than expected.
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ArticleWaitrose tops satisfaction survey for third year
Waitrose has topped the Which? supermarket satisfaction survey for the third year running while Aldi and Lidl have come in second and third.
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ArticleSuppliers feeling Big Price Drop pressure
Tesco’s Big Price Drop is being dubbed the Big Price Flop as suppliers report the retailer has been asking for massive sums to help pay the cost of the promotion.
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ArticleMorrisons to create 7,000 jobs in 2012
Morrisons has announced it will create 7,000 new jobs next year by opening new stores and developing its manufacturing and logistics businesses.