Retail news from FPJ – Page 271
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Superquinn attracts six potential bidders
Irish retailer Superquinn has stoked interest from six potential bidders and its advisers have been instructed to evaluate each option, it emerged this week.
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Stores accused of unhealthy food promotions
Supermarkets have been accused of featuring too many promotions for fatty or sugary foods.
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Organic sales at 10-year low
Organic food sales have dropped more than at any time in the last 10 years, new research has found.
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M&S employee suspended after redundancy leak
A Marks & Spencer worker who leaked the retailer’s plans to cut redundancy terms for more than 60,000 staff has been suspended, reports The Times.
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M&S debuts wonder berry
A home-grown wonder berry that has three times as many antioxidants as blueberries is to go on sale for the first time in the UK at Marks & Spencer.
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Superquinn receiving acquisitive British attention
Irish supermarket chain Superquinn has reportedly "received expressions of interest" from British supermarkets, despite denying it is up for sale.
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M&S slashes plastic bag giveaways
Marks & Spencer has achieved an 80 per cent cut in the number of plastic carrier bags it is giving away.
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Waitrose wades into waste solution
Waitrose is set to become the first UK supermarket chain to recycle food waste as part of a national food-recycling scheme.
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Aldi joins retail club
Discount supermarket chain Aldi has become the latest organisation to join the British Retail Consortium’s (BRC) membership
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Stealth tax will drive businesses bankrupt
A retail landlord has appealed to the government to scrap a stealth tax on empty property, which he says will bankrupt him.
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Tesco price-claim ad banned
Tesco has been found guilty of exaggerating the comparative cheapness of a basket of its product against its rivals, and banned from repeating an ad that makes the claims.
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TNS shows price is sales driver
The latest TNS Worldpanel grocery market share figures, published show that price is now clearly driving sales.
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Take a 'Crunchbox' to work
Eat in Colour (EiC) is encouraging consumers feeling the pinch to save money by taking a ‘Crunchbox’ to work.
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Iceland man sniffs around Woolies
Malcolm Walker, the multimillionaire founder of the Iceland frozen food chain, has reportedly had a bid for Woolworths turned down. It is thought he wants to expand the food side of the Woolworths network, to take on the UK’s c-store operators.
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checkfresh offers new pricing updates
A new company offering weekly retail price information has set up in Boston, Lincolnshire.
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Shopkeeper questions grant scheme
While the wholesale trade welcomed government grants to encourage North East corner shop owners to stock more fresh produce, the concept has not met with overwhelming support from shopkeepers.
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Plastic bag use declines at Tesco
Tesco, the UK supermarket giant, has announced that the use of disposable plastic bags is in steep decline as shoppers in their thousands switch to permanent shopping bags.
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Supermarkets accused of organic price hike
Supermarkets have been accused of operating “financially redundant” business models, amidst charges they are selling organic vegetables at an elevated cost.
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Traders welcome produce grants fillip
An initiative that will see corner shops in deprived areas of England get grants to help them increase sales of fresh produce has been welcomed by the wholesale trade.
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Asda gains more ground
Asda today registered a 5.5 per cent increase in second-quarter like-for-like sales excluding fuel.