Retail news from FPJ – Page 236
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ArticleAusterity warning for foodservice
In 2012, the foodservice and hospitality sectors are going to face the toughest down-turn conditions yet, a senior market analyst is warning.
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ArticleMarkets unveil multi-million pound refits
Bolton and Brighton markets are set for major redevelopment work after new plans were revealed.
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ArticleTesco predicts 'minimal profit growth' after poor results
Chief executive Philip Clarke calls results "disappointing" and says plan to improve shoppers' experience will hit profits in the year ahead.
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ArticleWest Midlands horticultural study to be revealed
A new West Midlands horticultural study will be launched to growers this week.
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ArticleFood sales bolster M&S results
Strong food sales have helped Marks and Spencer deliver robust results in the final quarter of 2011 despite a slump in sales of clothing and other goods.
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ArticleRetailers resolve to cut more prices in 2012
Supermarket price-cutting wars are intensifying as the major multiples attempt to offer unmissable deals to pull in shoppers and avoid a post-Christmas slump.
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Tesco C&C plans for India 'on hold'
Tesco, the world's third-largest food retailer, has apparently postponed plans to set up wholesale cash-and-carry centres in India.
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ArticleSupermarkets' giant expansion plans revealed
British supermarkets are building or planning 44.4 million square feet of store space, over seven million square feet more than Tesco’s shops currently cover.
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ArticleMorrisons opening hundreds of local stores
Morrisons is planning to open hundreds of convenience stores over the next few years that will offer the same prices found in its supermarkets.
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ArticleOcado shares plunge as profit estimate revised
Shares in online supermarket Ocado have dropped by as much as 12 per cent since it has announced profits for the financial year are set to be lower than expected.
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ArticleWaitrose tops satisfaction survey for third year
Waitrose has topped the Which? supermarket satisfaction survey for the third year running while Aldi and Lidl have come in second and third.
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ArticleSuppliers feeling Big Price Drop pressure
Tesco’s Big Price Drop is being dubbed the Big Price Flop as suppliers report the retailer has been asking for massive sums to help pay the cost of the promotion.
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ArticleMorrisons to create 7,000 jobs in 2012
Morrisons has announced it will create 7,000 new jobs next year by opening new stores and developing its manufacturing and logistics businesses.
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ArticleWaitrose enjoys sales surge
Waitrose has reported that total sales for the week to 3 December were 5.7 per cent higher than the same time last year.
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ArticleEnglish cranberries go on sale in Sainsbury's
Sainsbury’s has become the first supermarket to sell English-grown cranberries in its stores.
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ArticleN Ireland pressing ahead with large retailer tax
Northern Ireland is hoping to impose a tax on large retailers by April despite outcry that it is the “wrong levy at the wrong time”.
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ArticleCo-op takes on X Factor in battle for Xmas no.1
The Co-operative is contending with X Factor, Nirvana and even the Wombles for the Christmas number one spot by releasing a charity single starring group chief executive Peter Marks on drums.
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ArticleTesco sales drop for fourth quarter in a row
Tesco has blamed a fourth consecutive quarter of falling UK sales on its Price Drop campaign.
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ArticleApples under threat from price cuts
English apple sector leaders warn that supermarket price cuts are going too deep for too long and risk the future of the industry as sales volumes continue to run well ahead of last year.
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ArticleSupermarket price claims rocked by BBC probe
An investigation by BBC programme Panorama has found that deep price cuts at UK supermarkets do not always represent the value they claim.