Retail news from FPJ – Page 264
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Charity speaks out on banana pricing
A development charity has slammed banana price-cutting tactics from Asda and Morrisons.
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Food holding its own, says CBI
Fresh produce continues to battle through as the recession broadens its bite across all sectors, with sales dropping and ‘weak’ prediction, according to the CBI.
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Waitrose tops Which? poll
Waitrose has come out as the favourite shop in Britain for the second year running in the Which? annual report.
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Wallace joins forces with QV Foods
MasterChef presenter and judge, Gregg Wallace, has become the new face of QV Foods forthcoming range of Inspire pre-prepared, ready to cook vegetables.
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Musgrave in value move
Musgrave is introducing a new value range to its Budgens and Londis stores.
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BRC confirms recession figures
As the UK is officially deemed as firmly in a recession retail sales figures out today have confirmed a difficult December for many retailers, said the British Retail Consortium (BRC).
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London supply chain brought together
The Local to London campaign stepped up its efforts to bring the capital’s supply chain together this week, with a Breakfast Club meeting at New Covent Garden Market.
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Supermarkets' sustainability examined
Chemical engineers and chemists are calling on supermarkets to make more efforts in sustainability as they warn of a global food crisis.
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Morrisons tops Christmas figures
Morrisons has recorded the best Christmas trading figures of Britain’s four biggest supermarkets boosted by festive promotions and low prices.
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Tesco dismisses ombudsman demands
NFU Scotland has put Tesco to the sword over the implementation of a supermarket ombudsman to increase industry ‘transparency’.
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Somerfield celebrates Christmas trading
Somerfield has announced a positive Christmas trading performance today, with sales for the period improving significantly on previous years.
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Sainsbury's restructure may spell job cuts
Sainsbury’s is set to restructure its head office amongst rumours of significant job cuts, according to The Telegraph.
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Co-op takeover on course
The Co-operative Group is on track to sell the 133 stores the Office of Fair Trading (OFT) requires it to following its acquisition of Somerfield, with 90 already sold.
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Retail prices set for fall
Falling oil and raw material prices as well as pressure from discounters will lead to a significant easing in grocery prices throughout Europe in 2009.
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Waitrose expansion creates 2,500 jobs
Waitrose has hit the ground running in 2009 creating more than 2,500 jobs this year in a new expansion project.
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Sainsbury's exec becomes IGD president
Justin King, chief executive, Sainsbury’s, has become the president of the international food and grocery expert IGD with Charles Wilson, chief executive of Booker Group plc set to become vice-president.
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Grocers postpone recession for Xmas
Morrisons and Aldi both earned record shares of the UK grocery market according to TNS figures for the 12 weeks to December 28, 2008.
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Tesco reports "tough" Christmas
Supermarket giant Tesco has reported its slowest Christmas period since the early 1990s as the country's biggest retailer felt the pinch of the economic downturn.
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Morrisons creates 5,000 jobs
Morrisons gave a boost to Gordon Brown's jobs summit by announcing plans to create 5,000 jobs this year.