Retail news from FPJ – Page 262
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Article
Food sales slow in retail drop-off
Growth in food sales slowed as inflation added to a drop-off in retail sales after the January clearance boost faded, according to results released by the British Retail Consortium (BRC) today.
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ArticleTesco targets failed pub sites
Tesco has taken full advantage of its victory over the Competition Commission last week by lodging hundreds of planning applications on the site of failed pubs in ambitious expansion plans.
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ArticleWaitrose launches low-price range
Waitrose will become the latest major retailer to enter the price war today when it launches its new ‘essential Waitrose’ own-label range of goods, with more than 800 low-price lines.
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Article
Sainsbury's to invest £83m in Co-op sites
Sainsbury’s is to buy 24 stores from The Co-operative Group in a deal worth £83 million.
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Article
Tesco wins competition test appeal
Tesco’s battle to overturn plans to introduce a “competition test” for supermarkets turned into a victory for the UK’s number-one retailer today.
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ArticleAsda grabs record share
Asda has the highest year-on-year growth rate of the top four, according to the latest TNS Worldpanel grocery market share figures, as its low-price positioning pays off.
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ArticleTesco stands by graduate schemes
Tesco is targeting its graduate programmes to energise its businesses, insisting its career prospects remain strong, despite the Association of Graduate Recruiters reporting a salary freeze among graduates and a predicted 5.4 per cent decrease in graduate vacancies in 2009.
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Article
Co-op's Somerfield deal completes
The Co-operative Group has completed its £1.565 billion acquisition of the Somerfield supermarket chain.
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ArticleLowhub harnesses supply chain impetus
Sustainable produce transport pioneer Lowhub is using its two environmental awards, scooped at a recent London ceremony, to drive the supply chain towards sensible transport options.
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ArticleRetailers urged to pay the right price
Insolvencies in the UK fresh produce market are set to soar, as one major UK supplier warns that retailers must pay the right price to ensure the market remains a destination for growers worldwide.
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ArticleBramley bake-off for Tesco
English top-fruit marketing desk Norman Collett, in partnership with the Tesco regional procurement team for the South East, is launching a cooking competition in Kent to find a new recipe for Bramley.
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Article
BRC warns against ombudsman
Customers will be the ultimate losers from an expensive and unnecessary supermarket ombudsman, said the British Retail Consortium (BRC).
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ArticleAsda first in the retail cue
Asda won the retail race to get the first new-season cucumbers grown in Yorkshire into stores across the region this week.
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Article
More price cuts at Asda
Asda has announced it is to scrap buy-one-get-one-free deals, as it prepares to slash prices on 5,000 lines this weekend.
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ArticleConservatives anger BRC over labelling
Customers visiting retailers for UK-produced food have no trouble finding it, said the British Retail Consortium (BRC).
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ArticleWaitrose voted UK's favourite
Waitrose has been voted the UK’s favourite supermarket with Tesco left trailing in third, after a huge consumer poll conducted by the BBC’s Watchdog programme.
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Article
QV finalises MBM acquisition
QV Foods Ltd has completed its acquisition of the retail and foodservice division of MBM Produce Ltd, based at March.
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ArticleGrocery sales rise amid record job losses
The sharp fall in retail sales has begun to slow as supermarkets continue to grow, but record job loses across many sectors painted a bleak picture as the CBI released its report this week.
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ArticleUK market turns premium clock back
The UK food market faces a forked path with health standards and premium products standing against a possibility of returning to the dire conditions of the early 90s, according to new research from Key Note.
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Article
Supply chain squeeze
The squeeze on supermarket suppliers started to win greater attention this week as the national press picked up on the plight of supply chain operators.