Retail archive – Page 589
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Asda to launch new labelling system
Asda has announced the introduction of its own version of food nutrition labels, which will combine the existing ‘traffic light’ and GDA (guideline daily amount) systems.
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Morrisons store sell-off rumours abound
Several reports suggest that Morrisons has been approached by an interested buyer for 25 of its stores in a deal that could be worth up to £1 billion.
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ArticleKwik Save to enter administration
Kwik Save will go into administration on Friday, closing another 90 stores.
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ArticleKwik Save enters crisis talks
Talks are to resume later today over the future of beleaguered discount retail chain Kwik Save, as staff agree to go without pay for a sixth week.
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ArticleWaitrose worries independents
Two-thirds of independent deli and farm shop owners consider Waitrose to be a bigger threat to their business than Tesco, a recent survey has revealed.
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Smith to take helm at Musgrave Great Britain
Musgrave Group Plc has announced the appointments of Philip Smith as managing director of Musgrave Great Britain and Martin Hyson as group business development director of Musgrave Group, with effect from September 2007.
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Drugs haul at fruit market
A drugs raid carried out at Blochairn Fruit Market in Glasgow last week had little impact on the actual market itself, according to sources.
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ArticleBrakes bought for £1.4bn
Brake Bros, the UK's largest supplier of food to the catering industry, has been bought by US private equity group Bain Capital for an estimated £1.4 billion.
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ArticleKwik Save pleads with workers
Workers' union Usdaw claims to have been told that Kwik Save will go into administration today [Friday] unless staff continue to work for nothing.
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ArticleWaitrose rolls out planning model
Waitrose is rolling out new forecasting software to accurately predict customer demand after early trials delivered benefits worth millions of pounds.
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Tesco given run for its money
Sainsbury’s and Asda continue to record a higher growth rate than Tesco, according to the latest grocery market share figures released by retail analyst TNS Worldpanel.
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Sainsbury’s makes skills pledge
Skillsmart Retail, the Sector Skills Council for retail, and Sainsbury’s have been amongst the first in the retail sector to sign up to the employer Skills Pledge, which was launched this month.
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ArticleOnline retailers to cast net wider
By 2011, virtually everyone under the age of 55 will have used the internet to buy goods and 70 per cent of the UK shopping population will regularly be buying goods online - compared to just over 50 per cent of consumers today.
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ArticleOrganic head attacks supermarkets
Patrick Holden, the head of the Soil Association, ditched in January as vegetable supplier to Sainsbury’s because his carrots did not meet the chain’s standards, claims in today’s Guardian that the country’s leading supermarkets are so centralised and industrialised that they cannot deliver the local, organic food their customers want.
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Arrest at Sainsbury's hotel party
Sainsbury's has launched an investigation into reports of drunken behaviour at a staff party at the Celtic Manor Resort for the 2010 Ryder Cup.
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ArticleBudgens re-launches UK potato range
Convenience store chain Budgens is re-launching its potato range with a focus on the different varieties available and new packaging options
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ACS calls for a fairer marketplace
In its second formal hearing with the Competition Commission (CC), the Association of Convenience Stores (ACS) has put forward a case to bring fairness into the grocery market.
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ArticleAsda price cuts court controversy
Asda is courting controversy again with full-page ads for price cuts enraging growers and farmers. Its price cuts last week have sparked an all-out supermarket price war.
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ArticleSainsbury's reports slowdown too
Sainsbury's has followed Tesco’s lead by reporting sales below stock market expectations.
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ArticleMorrisons joins price-cut frenzy
Morrisons threw its hat into the price-cuts ring this morning announcing 2,000 lower prices.