Retail news from FPJ – Page 239
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Aldi makes market share advance
Shoppers are trading down to cheaper products as growth in the grocery market remains below inflation.
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Philips praises Morrisons’ fresh produce innovation
Morrisons boss Dalton Philips held up the supermarket’s new Graffiti aubergine as an example of a “simple breakthrough retail needs”.
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Sainsbury's bites back in price battle
Sainsbury’s has fought back in the battle for market share between the UK supermarkets in extending its Brand Match scheme.
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Asda cuts price of bananas
Asda cut the price of its bananas last week to 58p a kilo, down from 68p, sparking fears of a renewal of a devastating price war on the popular fruit.
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Budgens invests in price cuts
On the same day Tesco announced its Big Price Drop, Budgens pledged to invest in helping its own shoppers save money by lowering the prices on thousands of products, including fresh produce.
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Jimmy Doherty backs Co-op campaign
Farmer and television presenter Jimmy Doherty is helping to launch The Co-operative’s Green Schools Revolution.
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British blueberries strong at M&S
British blueberries have arrived in store in Marks & Spencer and the supermarket is lauding one of its largest growers.
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Andy Bond backs new online venture
Former Asda CEO Andy Bond has invested in new online retail venture farmison.com.
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Supplier fears grow as Tesco slashes price tags
Suppliers have raised serious concerns over the deep cuts involved in Tesco’s Big Price Drop that kicked off on Monday.
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Morrisons named retail produce champion
Morrisons came out on top at the 2011 Retail Industry Awards for its fresh produce offer.The UK’s number-four
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Ownership conundrum for UK markets
Retail markets can be run better as commercial businesses, according to a sector expert.
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Tacon departs The Co-operative
Christine Tacon is to leave The Co-operative Farms after 11 years at the helm. She will move to a position on the government’s Strategic Regulatory Scrutiny Panel.
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Borough traders set for dramatic market return
Borough Market’s disenfranchised former traders could make a sensational return to the global attraction.
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Tesco looks to slice prices
Tesco is reportedly aiming to grab more market share in the UK and strengthen its leading position in the market by revamping its entire product pricing structure from the start of next week.
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Sainsbury's writes off riot damage
Sainsbury’s chief executive Justin King has revealed the supermarket will not claim for any damage during the riots in the UK in August.
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Morrisons extends Fresh In
Morrisons has extended its Fresh In concept for new season UK produce to English apples to coincide with the launch of the new season this month.
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Retail market sees shake-up
Morrisons has the strongest till-roll growth (5.3 per cent) of the big four, with Sainsbury’s close behind (4.8 per cent) and both retailers ahead of the market rate of 4.3 per cent.
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Waitrose appoints food technology boss
Waitrose has appointed a new director of food technology. David Croft will join the upmarket retailer from Kraft Food, where he was director of sustainable agriculture on 26 September.
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Wholesale partnership buys Chef’s Connection
One of the biggest caterers on New Covent Garden Market (NCGM) has been bought out in order to protect trade at the wholesale market.
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McDonald's signs up to health deal
McDonald’s is among 37 fast-food firms who have signed up to a voluntary agreement to display the calorific content of their meals after Ronald McDonald was branded an “evil influence”.