Retail news from FPJ – Page 325
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Asda ups stakes in price war
You thought the UK was already engaged in a high street price war? Well, hold on to your hats, because Asda has just upped the stakes.
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Asda employees lose out
More than 60 per cent of Asda employees will go without a bonus this year after the supermarket chain failed to meet its annual sales targets.
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ArticleEat in Colour refuses to fade
The fresh produce industry has failed to support fully the proposed generic promotion campaign Eat in Colour, despite the weight of Tesco and Asda’s backing.
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Ex-Asda man to head up Somerfield
Former Asda executive Paul Mason is returning to the UK to head up Somerfield.
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ArticleWalker claims Iceland glory
Iceland’s sales are up 16 per cent on last year thanks to the return of its founder, Malcolm Walker, according to Walker himself.
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M&S expands Simply Food
Marks & Spencer is targeting the convenience sector, with plans to put Simply Food stores in up to 300 BP service stations across the country.
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Retailers accused of planning manipulation
The major multiples are manipulating local council planning systems to enable further expansion, according to a report by Friends of the Earth.
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Strong Christmas sales for Tesco
The unstoppable success story of Tesco continued over the Christmas period with the company reporting strong sales growth.
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ArticleThe Finest Smile at Tesco
The Higgins Group is celebrating after its Smile variety of potato gained a listing in Tesco under its Finest banner.
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ArticleRetail big hitters move on
New Year, new job certainly seems the maxim for three of the leading players in the retail fresh produce scene.
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ArticleSainsbury's keeps momentum going
Sainsbury's has continued its promising recovery under Justin King, announcing a better-than-expected sales uplift in the important run up to Christmas.
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Somerfield closes two distribution depots
Some 440 Somerfield employees will lose their jobs as the supermarket chain closes two distribution centres.
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London 's first refusal for Tesco
A London council has refused permission for the development of a Tesco convenience store on the grounds that it would have an adverse effect on its local shopping centres.
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ArticleCompass directors in the spotlight
Senior executives at the world’s leading catering group, Compass, are reported to be pocketing millions of pounds in retirement pay.
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Morrisons Christmas rise
Morrisons is reporting sales ahead of market expectations for the Christmas period.
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ArticleMorrisons confirms closure of depots
Bradford-based supermarket chain Morrisons is to shed around 1,600 jobs through the closure of depots in Kent and Bristol.
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ArticleFood sales put spark into M&S results
Food sales continue to drive the Stuart Rose inspired recovery at Marks & Spencer, which the chief executive this morning put down to “sheer hard work”.
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No US move for Tesco
Tesco chief Sir Terry Leahy has quashed rumours of a potential US move for the retailer.
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ArticleCherries repackaged in Sainsbury's
Sainsbury’s is hoping to repeat the success in grapes with zip-lock bags in its cherry category.
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Coventry greengrocer attacked
A Coventry greengrocer is recovering in hospital after being attacked in a nightclub.