Retail archive – Page 623
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Watton wins Sainsbury's contract
Root vegetable specialist Watton Produce Company has won a two-year contract to supply Sainsbury's with a large majority of its carrots and parsnips.
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Ocean Spray growers reject Pepsi bid
A co-operative of more than 900 fruit growers who own Ocean Spray have rejected a bid for their operations from Pepsi Co.
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Investors urge Sainsbury's to seek new chairman
Sainsbury’s investors want the store to speed up the recruitment of a new chairman, as they fear it is hampering chief executive’s Justin King future plans.
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JP's "Love Fruit" campaign hits the road
JP Fruit has launched its “love fruit” scheme in a bid to increase awareness on the government backed 5-a-day scheme.
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Lancelot confirms Londis bid
Londis shareholders have been offered an extra £3 million for their business, as the Lancelot consortium posted a bid for the group of £63m.
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Retail sales figures shine in May
The warm weather helped May retail sales figures grow by 3.7 per cent on a like-for-like basis and by 6.5% on a total basis compared to the previous year.
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Lancelot prepares £60m Londis bid
Lancelot is expected to table a £60 million offer for Londis following weeks of speculation.
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TNS data confirms Safeway sales slip
Latest TNS data has confirmed that Morrisons needs to speed up its conversion rate of Safeway stores.
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Green set to bid £10bn cash for M&S
Philip Green is expected to finalise details of a new £10 billion all-cash offer for Mark & Spencer this week.
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New shopping centre for Liverpool
Deputy PM John Prescott has approved plans to build an £800m retail development in Liverpool. The retail centre will be built on a 42.5 acre site on Paradise Street, and will be completed by 2008, the year Liverpool becomes the European Capital of Culture.
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King's former boss joins Sainsbury's
Justin King has appointed his former boss at Asda as the new trading director of Sainsbury’s.
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M&S rejects bid
Marks and Spencer has confirmed it has rejected a proposed takeover bid from retail entrepreneur Philip Green, saying it significantly undervalued the group.
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Green tables M&S bid
Billionaire retailer Phillip Green has laid his conditional bid of £9 billion for Marks and Spencer on the boardroom table.
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Consumer demand accelerates sales
UK retailers have experienced rapid sales growth for the year to May, the highest level since 2002.
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Ex-Londis chief earned £6m
Graham White, the Londis former chief executive, earned close to £6 million last year.
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Rose appointment bolsters M&S defence
Marks & Spencer has appointed Stuart Rose, former head of clothes store group Arcadia, as its new chief executive.
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Tesco targets China
Tesco is looking to expand into China, as price competition at home is stifling profit growth, according to chief executive Sir Terry Leahy.
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Swiss Coop goes 100 per cent Fairtrade bananas
The Coop in Switzerland has become the first supermarket chain to switch all of its bananas to Fairtrade.
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Green light for M&S takeover
Retail entrepreneur Philip Green is considering a bid for Marks & Spencer.
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Snell moves up at Asda
Mike Snell is to leave his position as head of the fresh produce team at Asda.