Retail news from FPJ – Page 334
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Sainsbury's customers facing disappointment?
Consumers rushing out to buy Sainsbury’s new stoneless avocado could be disappointed on a number of levels.
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Baugur under pressure as Somerfield unveils mixed results
Speculation is mounting that Baugur is set to walk away from its £1 billion Somerfield bid.
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Retailers disappointed with interest rates
Retail bosses have express disappointment at the Bank of England’s Monetary Policy Committee’s decision to leave interest rates unchanged at 4.75 per cent.
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Asda axes 1,000 jobs
Asda has announced plans to axe up to 1,000 jobs as part of a review of staffing levels.
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Retailers exempt from organic produce ruling
Retail bosses have welcomed a government decision to exempt them from new rules on storing organic produce.
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Baugur shrugs off charges
Somerfield bidder Baugur is refusing to pull out of the race for the UK chain, despite the fact five senior staff are facing fraud charges.
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Tesco's fruit and salad sales explosion
UK consumers last week bought a record volume of Tesco fruit and salads as they shaped up for the summer holidays, the retailer said.
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Asda performs u-turn on Pink Lady
Pink Lady branded apple producers are celebrating after Asda performed a u-turn on its policy of stocking the fruit.
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South Africans launch avocado month
Avocados are set to be in sharp consumer focus throughout July with the launch of the first UK Summer Avocado Month.
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Retail race hots up as Tesco streaks away
Tesco has increased its lead over its rival, claiming more than 30 per cent market share, according to latest figures.
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Food sales buck retail trend
Retail sales in June suffered their worst year-on-year fall recorded, according to latest data from the CBI’s monthly Distributive Trades Survey, while grocery and food sales continued to buck the trend.
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Co-op walks away from Somerfield bid
United Co-operatives has reportedly pulled out of the bidding war for Somerfield.
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Wal-Mart's Walton killed in plane crash
John Walton, son of Wal-Mart founder Sam Walton, has died in a light aircraft crash in Wyoming.
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Norman not for Morrisons
Ex-Asda chief Archie Norman has moved to quash rumours that he is to join the board of Morrisons.
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Sainsbury's aims for convenience on exotics
Sainsbury's is hoping to expand its exotic offer into the convenience sector with the launch of ready-to-eat packs of coconut and pomegranate.
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Asda beats fruit-sales record
Asda has seen its fruit sales shoot through the roof and last week claimed to have sold more fresh fruit than ever before.
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Oliver plugs strawberries
Jamie Oliver is set to help Sainsbury’s to sales success with English strawberries.
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Morrisons nurtures its waterbabies
Morrisons is introducing Solinda watermelons in its UK stores this week.
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Tesco results predictably impressive
Tesco has once again surprised City forecasters by reporting sales growth of 14.6 per cent in the first quarter of its financial year.