Retail archive – Page 587
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ArticleAsda first quarter sales fall
First-quarter earnings at Asda have fallen, the retailer admitted today in a pre-recorded conference call.
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Somerfield's strawberry success
The recent sunny spells have prompted a sudden surge in strawberry sales at Somerfield in the last three weeks, with the supermarket reporting record sales of more than one million punnets.
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ArticleConvenient merger to go ahead
The boards of Costcutter and Nisa-Today’s have recommended a £200 million merger of both companies.
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ArticleSainsbury's results expected to shine
The consensus forecast for the latest set of results published for J Sainsbury - out on Wednesday - is a profit of £358 million.
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ArticleMorrisons workers go to tribunal
Workers made redundant when Morrisons shut a distribution depot have had their cases heard by an employment tribunal. It is also reported that the retailer now has three men lined up to take over as ceo.
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Sainsbury's accused of being SO naughty
The founder of online retailer So Organic has accused Sainbury’s of pinching the name for its recently-rebranded organic category.
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ArticleTesco unveils 10-point plan
Tesco has unveiled a 10-point “Community Plan’ as part of an attempt to boost its image.
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ArticleRetailers play down CC probe
Retailers are accepting the announcement of an investigation of their sector by the Competition Commission stoically.
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ArticleCostcutter and Nisa-Today's could merge
Grocery wholesaler Nisa-Today's is reported to be in “advanced merger negotiations” with convenience store group Costcutter.
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ArticleSupermarkets referred to Competition Commission
The Office of Fair Trading has just announced it will refer the supply of groceries by retailers in the UK to the Competition Commission (CC) for a market investigation.
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ArticleMorrisons chief may be considering departure
Sir Ken Morrison is reportedly considering a timetable that will lead to him stepping down as executive chairman of Wm Morrison, possibly within 12 months.
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ArticleTesco plans to become better neighbour
Tesco is to release plans to transform itself into a better neighbour, reports The Sunday Times.
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ArticleSomerfield quits ETI
Somerfield has pulled out of the Ethical Trading Initiative, and an article in today’s [May 7] Observer suggests that the move has provoked criticism that the UK’s fifth-largest supermarket chain is “more concerned about profits than about the fair treatment of workers in poor countries”.
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ArticleTNS: Asda stays at number two
TNS Worldpanel data shows that Asda continues to hold onto its number two slot in the UK grocery market.
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OFT expected to refer supermarkets
The OFT is expected to announce the supermarket sector’s referral to the Competition Commission next week.
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Retail sales bounce back
This year’s late Easter timing has given retail sales a boost, ending a pattern of decline in sales figures for the last three month.
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ArticleEx-BBC anchor joins Sainsbury's
Former BBC newsreader Anna Ford has joined the board of Sainsbury's as a non-executive director.
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ArticleM&S considering name change
Marks and Spencer is reportedly considering changing the name on its store fascias to “Your M&S”.
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ArticleSomerfield signs up Hazeldene
Hazeldene foods is celebrating after signing up Somerfield as a new customer.
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Sainsbury's ends BRC stand-off
Sainsbury’s has resumed membership of the British Retail Consortium (BRC).