Retail news from FPJ – Page 276
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Asda makes merry in May
Asda has reported that its sales “strengthened further” during May, and fresh foods were one of the drivers.
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A rise? Not this time Sir Stuart
The salary of Sir Stuart Rose, executive chairman of Marks & Spencer, fell by 40 percent in 2007-08 despite profits breaking through the £1 billion mark for the first time in a decade.
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Asda founder Asquith dies, aged 81
Peter Asquith, who was the last surviving founder of Asda, has died at the age of 81.
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Retailers welcome interest rate stability
The BRC has welcomed yesterday’s decision to leave interest rates unchanged.
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Brits head of the pack on ethical shopping
British shoppers are leading their European counterparts when it comes to shopping ethically, new research from international food and grocery expert IGD has revealed.
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King optimistic in face of credit crunch
Sainsbury’s chief executive Justin King has told This is Money he does not believe the consumer trend towards cutting back on spending will affect sales at the supermarket chain.
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Morrisons set to update on progress
Morrisons will this week release an update on its progress at its annual general meeting, as it begins a new phase without Sir Ken Morrison at the helm.
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Pineapple takes to the sky
Pineapple has just taken off - quite literally. Individually sleeved Cape fresh pineapple sticks, originally developed in partnership by Capespan and Superior Food, have made an immediate impact since their launch as part of the British Airways long-haul menu.
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M&S ranks last in recycling research
Marks & Spencer has ranked last in a league of retailers for the amount of recyclable packaging it uses.
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Boleat calls for GLA action with multiples
The Association of Labour Providers (ALP) has called for supermarkets that drive down prices to be made aware of the knock-on impact that this has on labour issues.
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Taste of Thailand at Tesco
UK shoppers will be able to sample exotic fresh produce from Thailand this month, as a series of tasting events is launched in Tesco stores.
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Discounters take first prize
Discount retailers are taking the lead in the grocery market share race, according to the latest TNS Worldpanel grocery figures.
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KIng tops Power 100 list
Chief executive of Sainsbury’s Justin King has been named the UK’s most powerful marketer, after rising to the top of weekly magazine Marketing’s annual Power 100 list.
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Spar shoppers to get Sorted out
June will see the launch of Sorted, convenience retail chain Spar’s biggest-ever sales building advertising campaign.
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Think tank slams "carbon hypocrisy" of retailers
A leading think tank has thrown its views on the airfreight debate into the ring, urging supermarkets to stop being “carbon hypocrites” when it comes to their ethical policies.
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Eat the Blues in the pink
The Chilean Fresh Fruit Association (CFFA) outlined its successful Eat the Blues campaign last week, to reinforce its position as the number-one blueberry exporter.
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GLA sets out 12-month action plan
The Gangmasters Licensing Authority (GLA) laid out its action plan for the next 12 months this week, pledging to thrash out a protocol with major retailers and reiterating that it will do whatever it takes to “catch the crooks”.
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Potato Council seeks award nominations
The Potato Council is seeking nominations for this year's British Potato Industry Award.
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Co-op in discussions about Somerfield stores
According to the Sunday Telegraph, the Co-operative Group is in early discussions with rival supermarkets about selling on a proportion of Somerfield stores if its bid for the chain is successful.
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Expansion on the cards for CJ Lang
Dundee-based CJ Lang and Son Ltd has recently embarked on a £5.2 million project to expand its existing premises in a bid to make current operations more efficient.