Retail archive – Page 523
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ArticleTesco cuts sales targets
Tesco has cut its sales targets for the first time in years as it battens down the hatches and prepares the City and its shareholders for what it sees as a difficult period ahead.
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ArticleRewe targets sustainable sourcing
Extension of partnership with BASF to help improve environmental standards for fresh produce contract sourcing projects
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Pre-Christmas conditions to get tough
Conditions are toughening for customers and retailers as the crucial run-up to Christmas begins, said the British Retail Consortium (BRC).
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ArticleIndia monitors domestic consumption
Indian economists are keeping a close eye on local demand in light of the global financial downturn
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ArticleAeon opens Beijing mall
Japanese retailer Aeon will open its first shopping mall in Beijing early next month as demand in its home country wanes
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Waitrose set to open in Dubai
The UK food retailer will be the Dubai Mall’s anchor supermarket when it opens at the end of the month
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Retail margins to be squeezed this Xmas
Retail analysts Verdict Research is forecasting that UK shoppers will spend more this Christmas than last, despite the current financial crisis, but this extra spend will be driven by the higher cost of food.
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ArticleACS urges end to ombudsman prevarication
A leading trade body has hit out at the Competition Commission (CC) and government for dilly-dallying over the introduction of a grocery ombudsman, and accused supermarkets of cynical exploitation of consumer fears.
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Article25 years from 5 A DAY
Just 12 per cent of UK consumers are eating their 5 A DAY, according to the latest TNS Usage panel data, which concludes that the average intake of recommended fresh produce is 2.6 portions a day in this country.
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ArticleBooths profits up 73 per cent
Northern supermarket chain Booths has reported a remarkable 73 per cent rise in full-year pre-tax profits, on sales up 5.4 per cent to £243.6 million.
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Ahold reports net sales upturn
The Netherlands-based retailer has seen sales increase in Europe and the US during the third quarter of 2008
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ArticleKeelings celebrates with giveaway
Irish soft-fruit grower Keelings has given away a brand new strawberry Mini Cooper to mark the fact that this year it has built a new 50,508sqm state-of-the-art strawberry glasshouse in North County Dublin.
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ArticleCarrefour posts Q3 growth
The French supermarket group revealed that it was on track to meet its 2008 objectives after revealing positive third quarter results
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New body accredited for BRC global standard
SAI Global/EFSIS, the provider of food assurance solutions to the food industry, has become one of only two certification bodies to be accredited to undertake full and complete certification to the BRC Global Standard - Storage and Distribution.
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ArticleComercial Mexicana ‘may sell assets’
According to Mexican press reports , grocery retailer Comercial Mexicana may consider selling some assets to clear its substantial debts
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ArticleMcDonald's bags Collingwood apples
Apple and grape bags at UK branches of fast-food chain McDonald’s will exclusively feature Kentish apples this winter, grown by John Collingwood.
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ArticleACS chief talks small shops with Cameron
Association of Convenience Stores (ACS) chief executive James Lowman yesterday attended the Conservative Party leadership’s Small Business Survival Summit at the House of Commons.
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ArticleUnited Fresh launches US retail report
Fresh-cut, organics and prepared produce set the pace on the US fruit and vegetable retail scene in the second quarter of 2008, according to the first issue of the new report
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Woolworths picks new division head
Australian retailer Woolworths has recruited a new head for its food, liquor and petrol divisions amidst a management shuffle
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Spar enters Indian retail market
International food retailer Spar has entered the Indian market in a partnership with Max Hypermarkets