Retail news from FPJ – Page 274
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ArticlePM pledges to curb food waste
Food campaigners have urged supermarkets to cut unnecessary food offers, following a statement from prime minister Gordon Brown pledging to reduce food waste and stem escalating food costs.
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M&S board prepare for shareholder wrath
Sir Stuart Rose and his M&S board face a fiery annual meeting on Wednesday, after an unexpected profit warning this week.
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ArticleACS sets out stall
The Association of Convenience Stores (ACS) is to focus on planning policy reform and the proposed retail ombudsman, as it continues its campaign for a fairer grocery market.
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ArticleTesco lifts banana price
Tesco increased the retail price of its bananas this week to 77p a kilo on loose fruit - 10p higher than Sainsbury’s, Morrisons or Asda.
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Aldi unveils expansion plans
German discount chain Aldi is planning to open a new store in the UK every week, following a 20 per cent rise in sales in the past month.
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ArticleSales slump at M&S
Sales at Marks & Spencer dropped 5.3 per cent in the last three months, the high street chain has revealed, with its food business particularly affected.
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ArticleTesco appeals against Competition Commission proposals
Tesco is launching a legal challenge to the Competition Commission’s proposal to introduce a piece of legislation preventing stores from opening in towns where they already operate a large market share.
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ArticleSainsbury's fuels fresh takeover rumours
Sainsbury’s has refuelled takeover rumours, with a report saying the chain is looking at selling its pension scheme.
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ArticleCo-op prepares to clinch Somerfield deal
The Co-operative Group may buy supermarket chain Somerfield in a deal worth up to £2 billion from its private equity owners next week, the Sunday Express reported.
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ArticleTesco performs Zim produce u-turn
The UK’s number one supermarket turned its back on Zimbabwean farmers last night, by caving in to public pressure and agreeing to take the country’s food off its shelves.
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ArticleSpanish Picota cherries hit the UK
The first arrivals of new-season Picota cherries from Spain hit the UK this week, backed by a promotional campaign by Foods from Spain.
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ArticleUK gears up for first British Cherry Day
The first-ever British Cherry Day will see high-profile foodie events around the country next month.
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Supermarkets resist hygiene ratings plan
Some of the UK’s largest grocers have severely criticised the Food Standards Agency’s (FSA) controversial proposals for supermarkets to be covered by a UK-wide rating system measuring food hygiene standards.
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Asda and Morrisons gain momentum
Both Asda and Morrisons are enjoying growth ahead of the market, at the expense of Tesco and Sainsbury's, latest TNS figures reveal.
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ArticleUK Tenderstem arrives at The Co-op
The Co-operative is claiming to be the first to market with new-season British Tenderstem broccoli.
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ArticleAverage family income £8 lower a week
Families are on average £8 a week worse off than they were last year, says new research from Asda.
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Waitrose to sponsor Championship team
Waitrose has signed up to sponsor Reading Football Club for one year, with the retailer’s name to appear on the team’s home and away kits in the 2008-09 season.
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ArticleTesco boosts exotic produce range
Tesco is increasing its range of exotic fruit and veg items this week, in a bid to respond to consumer demand for more unusual lines.
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ArticleOperation Bumblebee heads to back gardens
Sainsbury’s is offering its customers the opportunity to create their own Operation Bumblebee habitat at home, in a bid to reverse the plight of endangered species.
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ArticleWUWM reveals retail market stats
Preliminary results of an analysis on the role of retail markets to European economies were unveiled at the World Union of Wholesale Markets’ (WUWM) first retail conference last week.