Retail news from FPJ – Page 367
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ArticleTrade considers C-store situation
The trade has been left considering the shape of retailing to come with the announcement of Tesco's £53.7 million cash bid for Administore, and possible similar convenience store takeovers by Somerfield, Sainsbury's or the Co-op.
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ArticleTesco issues warning to Chancellor
Sir Terry Leahy, Tesco chief executive, has warned that companies could desert Britain unless the government cuts tax and red tape and boosts investment in R&D and the skills base.
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Ocean Spray appoints new marketing manager
Ocean Spray's Ingredient Technology Group (ITG) has appointed a new business to business marketing manager.
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Sainsbury's prepares for corner shop battle
Sainsbury’s is preparing a bid for the largest remaining independent player in the convenience store sector.
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Somerfield reveals franchise plans
Somerfield has heightened speculation that it will bid for Londis, by announcing that it wants a franchise network.
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Entrepreneur in last-minute Safeway bid
Retail entrepreneur John Lovering is planning a last-minute £3.5 billion bid for Safeway, in a bid to snatch the supermarket group from Morrisons.
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ArticleGrocery sales drive 2003 retail performance
Grocery sales have driven a 5.5 per cent increase in retail performance in 2003, according to a new report from Information Resources.
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MDS shows its Worth
Management Development Services (MDS) has announced Duncan Worth has become the group’s latest board member.
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ArticleTesco bid comes under fire
The food retailing community has reacted swiftly to the announcement of Tesco’s £53.7 million cash bid for Adminstore, calling for a full Office of Fair Trading (OFT) competition enquiry.
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ArticleTesco to expand convenience network with acquisition
Tesco is to take an even bigger share of the UK’s fast-growing local store market by buying family-owned convenience store chain Adminstore.
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BRC says no to local tax proposal
The British Retail Consortium (BRC) has voiced concerns over claims by government minister Nick Raynsford that business rates should be re-localised.
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ArticleM&S earns accreditation
Retailer Marks & Spencer has won professional-body accreditation for a training programme.
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ArticleSunny performance from Somerfield
First-half figures show an encouraging upturn in sales at Somerfield.
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ArticleMorrisons lays Safeway foundations
The final two remaining directors of the Safeway board have stepped down as Morrisons lays the last groundstones for its £3 billion takeover.
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Spar rules out bid for rival
Spar has attacked the Londis senior management team, as it ruled itself out of the auction for the rival convenience group.
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ArticleTesco had a happy Christmas
Tesco's Christmas and New Year trading statement announces a 16.7 per cent group sales increase.
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BRC reports disappointing Christmas
Retail sales fell for the first time in nine months in December, according to the British Retail Consortium (BRC).
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ArticleStore disruption hits Sainsbury's
Supermarket group Sainsbury's has reported weaker than expected third quarter sales.
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ArticleSupermarket price war predicted
The expected takeover of Safeway by Morrisons will trigger a new price war, according to retail analyst Verdict.
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LOC conference reveals marketing focus
The Leading the Ornamental Challenge (LOC) conference aims to assist growers to focus on their marketing strategies and address other key issues.