Retail news from FPJ – Page 359
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Tesco boss sees pension pot double
Tesco chairman David Reid has seen the value of his pension pot soar by more than 50 per cent to £8 million during the last financial year.
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Geest profits on target
Geest’s UK prepared food business continues to grow like-for-like at five to six per cent despite increasing competition, it has reported at its agm.
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Supajus scoops award
Supajus, the new Omega-3 DHA enriched orange juice drink won first place in its category at the Scottish Food and Drink Excellence Awards.
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Sainsbury's sees profits slide
Sainsbury’s has reported a 2.9 per cent fall in underlying full-year profits to £675 million.
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Asda makes government plea
Supermarket chain Asda is calling on the UK government to introduce public information broadcasts aimed at kids to promote the benefits of fresh produce consumption.
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Tesco cracks down on sick absence
Tesco is cracking down on staff who call in sick at the last minute to say that they are too ill to attend to work.
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Ward backs regional schemes
Graham Ward, NFU chairman of the board of horticulture, said the fresh produce industry has been presented with a fantastic opportunity to boost regional consumption.
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Asda to create more than 4,000 new jobs
Asda is create a further 4,300 jobs through a £400m store opening programme.
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Morrisons sells stores to Sainsbury's
Morrisons has sold 14 stores to rival Sainsbury's, as part of its compliance with Competition Commission requirements.
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SAP urges trade to step up on RFID
Alexander Renz of SAP AG has urged the produce industry to monitor IT developments and to prepare for an increasing role for Radio Frequency Identification (RFID) in the near future.
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Londis considers hostile BFG bid
A group of Londis shareholders is considering supporting a possible hostile bid by the Big Food Group (BFG) for a minority stake in the mutually-owned wholesale distributor.
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April consumer spending up slightly
Retail sales figures for April show an increase of 1.9 per cent on a like-for-like basis compared to April 2003.
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Somerfield supports British Tomato Week
Somerfield supermarket is supporting British Tomato Week to be held from 17 to 23 May.
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Produce on top in ECR / IGD shelf survey
Only three out of 200 products score top marks in ECR UK on-shelf availability study - but two are fresh produce lines and produce scored joint highest of the 12 categories surveyed.
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Chapman's named Re:Fresh Independent Retailer of the Year
The Re:Fresh Independent Retailer of the Year award went to Northern Ireland’s Chapman’s Farm Fresh Fruit and Veg.
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Waitrose takes Re:Fresh Multiple Retailer of the Year award
Waitrose took the prestigious Multiple Retailer of the Year title at the Re:Fresh awards.
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Red captures Re:Fresh marketing award
The FPC Marketing Campaign of the Year award went to Red Communications, on behalf of Foods from Spain, for its Picota Cherries Campaign.
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Somerfield's sales creep up
Somerfield announced an increase in sales for the year ending April 24, 2004.
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Kwik Save to shut in Scotland threatening 400 jobs
Somerfield announced the closure of 22 Scottish-based Kwik Save supermarkets, and the risk of over 400 job losses, in an attempt to reduce costs.
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Tesco launches out-size berry
Tesco is launching what it has dubbed the world’s largest strawberries nation-wide on the UK market this week.