Retail archive – Page 522
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Food inflation falls sharply in the UK
The British Retail Consortium (BRC) administered Nielsen Shop Price Index (SPI) for October has reported that annual shop price inflation is three per cent down from 3.6 per cent seen in September - the second consecutive month that inflation has fallen.
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Conad inks Italian sourcing deal
General director Franco Pugliese says agreement with farming body Confagricoltura will help create "long supply chains of quality" throughout the country
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Asda space grows quicker than rivals
If floor space is an accurate measure, then Asda can claim to be the fastest-growing supermarket chain in the UK, says a new report.
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UK interest rates cut to three per cent
The Bank of England has cut interest rates to three per cent, the lowest level since 1955, and received immediate praise for the shock move.
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Sainsbury's steps up staff training
Sainsbury's staff are to be offered formal qualifications in working at the store.
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Delhaize profit grows at "solid pace"
A strong third quarter of the year saw group revenue rise both domestically and internationally
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Usdaw aims for stress-free workplace
Union asks employers to reduce stress in the workplace and support its Freedom from Fear campaign
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Super-Sol enjoys strong quarter
Net profit increased during the third quarter of the year at the Israeli retail group
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Asda growth slows, but Bond makes £1m
Fines and legal costs related to two separate OFT probes dragged Asda’s profits down to £560 million last year, but chief executive Andy Bond saw his pay packet bulge by 55 per cent to more than £1m.
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Dunnes staff deserve Asda explanation
According to today’s Belfast Telegraph, Mandate, the trade union representing staff at Ireland’s largest retailer Dunnes Stores, has written to the company seeking clarification of rumours that it may be taken over by Asda.
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Waitrose opens first Dubai store
Waitrose today opened the first of two stores in Dubai - its first shops outside the UK.
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M&S suffers profit slump
The UK retailer has revealed its first half results, with profit falling 34.1 per cent
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M&S profits slump 34 per cent
Marks & Spencer (M&S) has announced a 34 per cent drop in half-year profits and plans to significantly reduce costs to regain its competitiveness on the high street
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Sainsbury's frightened off Halloween range
UK supermarket chain abandons plans for range of mis-shapen vegetables after discovering individual staff members could be prosecuted under EU law
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Scot study points to loose money saving
A survey undertaken in East Renfrewshire, Scotland, has revealed that shoppers can dramatically reduce their bills by buying loose fresh produce.
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United Fresh releases consumer report
A new study monitors how different factors influence produce consumption behaviour across the US
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Chiquita makes gains with Q3 results
Falling costs and good banana sales have buoyed Chiquita’s third quarter results
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Jeronimo Martins in Q3 profit jump
The Portugal-based retailer has beaten forecasts with a third-quarter net profit increase of 22.4 per cent
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Boycott builds case for London markets
At last week’s London Markets Symposium, Rosie Boycott told delegates from more than 20 London boroughs, as well as food groups and markets of all descriptions that wholesale markets are key to the London Food Strategy.
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Sainsbury's tackles Brussels produce laws
Sainsbury's has written to the European agriculture commissioner Mariann Fischer Boel and British environment secretary Hilary Benn in a bid to pressurise bureaucrats to relax strict rules on the size, shape and appearance of fresh produce.