Retail news from FPJ – Page 265
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ArticleOcado sees huge sales boost
Upmarket online delivery firm Ocado had its best Chrismas ever almost doubling its previous sales figures.
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ArticleSouth African plum sector pioneers
A pioneering campaign backed by the South African stonefruit industry and the South African government to promote the country as the preferred source of plums and as a top tourist destination has been launched in London.
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ArticleBasics boost gives Sainsbury's the edge
Sainsbury’s has hailed its no-nonsense Basics range as the key to its festive boost, but admitted its premium range was suffering.
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Food retailers faring better
Retailers of food and drink are weathering the storm of tough trading conditions better than their counterparts in other sectors, according to business adviser and accountancy firm Grant Thornton.
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ArticleM&S closes stores and axes more than 1000 staff
Marks & Spencer (M&S) will cut 1,230 jobs and close 27 stores after reporting one of its worst Christmas trading performances ever.
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ArticleSupermarkets step into pound land
Morrisons, Sainsbury's and Tesco are to follow Asda into pound land and slash prices on fresh produce in a bid to regain custom from discounters.
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ArticleM&S food buoyant despite slump
Marks & Spencer has benefited from festive food treats, with consumers trading up to premium ranges, but the retailer is still expected to report its worst Christmas since its inception.
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BRC reports "poor" festive spending
The British Retail Consortium (BRC) has reported a “poor Christmas for retailers” ahead of its December figures, to be released next week.
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ArticleAsda rolls back to ignite price war
Asda has adopted pound shop tactics on more than 1000 products in a move which may light the touch-paper on a price war between the main supermarket giants.
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ArticleWaitrose enjoys Xmas sales surge
Waitrose has posted a sales surge for the week before Christmas, with a 3.5 per cent boost in like-for-like sales.
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Sainsbury's invests £9m in self-sufficient waste
Sainsbury’s is making a bid to become the UK’s first retailer to manage all of its own waste, with a £9 million investment over the next two years to open five food recycling plants.
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ArticleAldi counters 'pricey' claims
Discount chain Aldi has hit back at research published in The Grocer last week, which purported to show that it is a pricier outlet than any of the major high-street multiples.
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Grocery retailers agree human rights code
Tesco and Wal-Mat are among those who contributed to a new global human rights code set to address and improve social justice in the supply chain last week.
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ArticleAsda commits to recycling contract
Asda has awarded a two-year contract to Veolia Environmental Services to manage the recycling of 180,000 tonnes of cardboard each year.
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Retailers urged to renegotiate contracts
Retailers struggling in the current economic downturn can make dramatic savings by renegotiating existing contracts, a paper published this week argues.
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Huge supermarket apprenticeship push
Sainsbury’s and Tesco are among several companies creating more than 10,000 new apprenticeship places in the UK after a government bill announced last week.
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ArticleTesco to rise in global retail ranks
Tesco is expected to bump up the ranks and take second spot in global turnover rankings, overtaking France’s Carrefour, according to retail analyst IGD.
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ArticleFood props up retail sales
UK retail sales values fell 2.6 per cent on a like-for-like basis in November, from November 2007, the first time since measurement began that sales have declined for two consecutive months.
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Sainsbury's shows interest in Woolworths
The fight to buy up Woolworths’ destitute stores continues, with Sainsbury’s rumoured to have become front-runners to purchase more than 100 shops, according to some media reports over the weekend.
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ArticleM&S dedicates apple to Amelia
Marks & Spencer has launched a new variety of apple, named in tribute to an employee’s daughter who died this year.