Retail news from FPJ – Page 269
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Waitrose makes c-store move
Waitrose will trial its first convenience store later this year.
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Hull University secures services of ex-Tesco director
Hull University Business School’s Logistics Institute has secured top retail guru Christine Cross as a visiting professor.
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Asda develops healthy online tool for kids
Asda is developing a new health and nutrition education website aimed at schoolchildren.
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M&S develops sustainable distribution centre
Marks & Spencer is building a 1.1 million sqft sustainable distribution platform in the north of England.
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Tesco unveils big profit increase
Tesco chief executive Sir Terry Leahy claimed Tesco is “at its best in tough markets” as he unveiled an 11.3 per cent first-half pre-tax profit rise this morning.
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M&S to post sales slump
Marks & Spencer is due to reveal a dramatic drop in like-for-like sales this week.
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Consumers turn backs on premium
A new Mintel survey concludes that British shoppers have finally let reality bite and bid farewell to premium ranges as the economic downturn hits home.
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Sainsbury's launches confidential supplier line
Sainsbury’s has launched a confidential phone line and website to enable suppliers and colleagues to speak up if they have any concerns about fraud, theft or general rule breaches.
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Micromark launches new lighting
Leading electrical manufacturer Micromark has launched a new range of lighting display panels for trade outlets.
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North-south divide shows through at Asda
Asda has highlighted a north-south divide in the credit crunch, and economically speaking, the south is faring much better.
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Morrisons adds to trophy cabinet
Morrisons, which won the Foods from Spain Re:fresh Retailer of the Year in May, last night picked up the Supermarket of the Year crown at the Retail Industry Awards 2008.
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High street loses out to supermarkets
The UK high street endured another month of falling sales and expects the hard times to continue in October, while supermarkets enjoyed solid sales growth, according to the UK’s leading business organisation CBI.
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Sainsbury's and The Sun offer cheap staples
This week’s shop just got cheaper now that The Sun has teamed up with Sainsbury’s to support Jamie Oliver’s Ministry of Food campaign.
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Bond warns against credit crunch profiteering
Asda ceo Andy Bond has warned that supermarkets that attempt to squeeze profits from their customers during the credit crunch will find themselves in deep water when the economy recovers.
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Co-op profits jump to record level
The Co-operative Group has revealed record half-year profits at the end of a period in which it purchased Somerfield for £1.56 billion.
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Independents 'healthier than they are given credit for'
Retail and wholesale markets should seek out opportunities thrown up by the economic slowdown, as UK consumers reconsider the way they shop, the sector was advised last week.
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Californian stonefruit shines in UK
The California stonefruit crop is in “robust” form this year, with volumes slightly up on last season and the UK market performing well for shippers.
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Retail markets to get full-scale national survey
A national survey of 100 food retail markets is to be completed as part of a ground-breaking PhD research project supported by the National Association of British Market Authorities (NABMA).
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The Co-operative named one to watch
The Co-operative has been named a brand to watch by a panel of experts and the British public.
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Co-op targets local shoppers
The Co-operative is building on its community roots and its competitive offers with a local touch to its latest multi-media advertising campaign.