Retail archive – Page 590
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ArticleSomerfield bid to be managed by Citigroup
According to today’s issue of The Times, Citigroup has been appointed to attract bids for supermarket chain Somerfield. The value of the retailer is now being estimated at around £2.5 billion.
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ArticleSainsbury’s takes over Northern Ireland retailer
Sainsbury’s has taken over part of Northern Ireland’s largest independent supermarket retailer in a multi-million pound deal, it was announced today.
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Fresh vending machines show promise
Holland Produce Promotion will be exhibiting a newly developed vending machine for fruit and vegetables at Grüne Woche (Green Week) in Berlin next week.
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M&S to share fresh-cut knowledge
Marks and Spencer’s fruit buyer will give insight into the fresh-cut opportunities available in the industry at Freshconex Congress in Berlin, Germany.
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ArticleSolid Tesco driven by international expansion
Tesco has delivered a strong performance and record sales over the Christmas and New Year period, with a solid UK results backed up by excellent international sales expansion.
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ArticleCompetition Commission deadline slips again
The Association of Convenience Stores (ACS) has welcomed the further extension of the timetable for the Competition Commission to publish its final report in the grocery market inquiry, from March to April 2008.
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ArticleCity awaits Tesco offering
Tesco will have the eyes of the City on it tomorrow [Tuesday] when it releases its third quarter sales figures.
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ArticleSomerfield receives trio of offers
A report in Sunday’s Observer newspaper claims that Somerfield has been the subject of three takeover offers.
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ArticleJohn Lewis tops consumer vote
John Lewis has again been named the UK’s favourite retailer, achieving the highest ever score in the annual Consumer Satisfaction Index.
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Commission labels supermarkets "ruthless"
The Competition Commission has said that some supermarkets are “just too ruthless” towards farmers.
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ArticleSainsbury's silences doom merchants
Sainsbury's turned in a good performance over Christmas and in the last quarter, matching analysts' expectations and silencing the doom merchants.
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ArticleAsda claims Christmas record
Fresh food sales have pushed Asda to its best Christmas ever, says chief executive Andy Bond
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ArticleM&S results live down to expectations
As forecast, Marks and Spencer has registered a fall in sales over the Christmas trading period, and in the last three months of 2007.
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ArticleWaitrose rolls on over Christmas
Waitrose kept on its recent roll over the Christmas period, and has reported a solid trading period, while many of its high street rivals struggle to maintain momentum.
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ArticleMushroom Bureau targets Chinese New Year
This year, the Mushroom Bureau PR campaign aims to raise awareness of mushrooms and their versatility around the Chinese New Year celebrations, which run from February 7 to 21.
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ArticleSupermarkets to stave off high-street gloom
Supermarkets are expected to report a solid set of Christmas sales, beating off some of the misery that appears to surround other high-street retailers.
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ACS is looking for a hero
The Association of Convenience Stores (ACS) is welcoming entries for the Community Heroes Award 2008.
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Syngenta paints the sprouts red
Crop developer Syngenta’s new range of red Brussels sprouts will be on supermarket shelves by the end of this year.
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ArticleJunk food ads banned in TV shows for under-16s
A ban on junk food advertising during TV shows aimed at children under 16 has been launched.
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Article'Chubby' Waitrose boss vows to downsize
A public New Year’s resolution has been made by Waitrose boss Mark Price, who has vowed to counter his image as the “chubby grocer” and lose weight in 2008.