Retail news from FPJ – Page 249
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Tesco takes aim at head office jobs
Tesco has responded to rumours that it is planning to axe 100 head office jobs by saying it is planning changes that will “affect a very small number of jobs in our offices”.
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JR Holland gets in the saddle
JR Holland Food Services will be rolling out a programme of in-kind contributions to community projects in the North East area as part of its expanding corporate social responsibility policy.
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Recycling label launches in UK
A universal on-pack recycling label is being launched today by leading retailers.
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Suppliers urged to stand firm
A senior city analyst has warned that, with many businesses teetering on the brink of bankruptcy, a bad summer may see the market drastically altered.
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Musgrave invests £10m in retail
‘Stronger together’ was the theme for this year’s annual Budgens and Londis conferences where Phil Smith, managing director of Musgrave Retail Partners GB, pledged a £10 million investment to support retailers in 2009.
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Waitrose records lacklustre sales
Waitrose may be the ‘nation’s favourite supermarket’, but this does not appear to be impacting on sales, as it reported a six per cent fall in annual profits.
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Morrisons announce expansion as sales soar
Morrisons confirmed its position as the current recession winner, posting a soaring seven per cent profit increase today.
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Which? report angers industry
A report suggesting that price is becoming the biggest barrier in preventing a healthy, balanced diet as wallets rule over waistlines has inflamed trade associations this week.
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Food sales slow in retail drop-off
Growth in food sales slowed as inflation added to a drop-off in retail sales after the January clearance boost faded, according to results released by the British Retail Consortium (BRC) today.
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Tesco targets failed pub sites
Tesco has taken full advantage of its victory over the Competition Commission last week by lodging hundreds of planning applications on the site of failed pubs in ambitious expansion plans.
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Waitrose launches low-price range
Waitrose will become the latest major retailer to enter the price war today when it launches its new ‘essential Waitrose’ own-label range of goods, with more than 800 low-price lines.
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Sainsbury's to invest £83m in Co-op sites
Sainsbury’s is to buy 24 stores from The Co-operative Group in a deal worth £83 million.
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Tesco wins competition test appeal
Tesco’s battle to overturn plans to introduce a “competition test” for supermarkets turned into a victory for the UK’s number-one retailer today.
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Asda grabs record share
Asda has the highest year-on-year growth rate of the top four, according to the latest TNS Worldpanel grocery market share figures, as its low-price positioning pays off.
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Tesco stands by graduate schemes
Tesco is targeting its graduate programmes to energise its businesses, insisting its career prospects remain strong, despite the Association of Graduate Recruiters reporting a salary freeze among graduates and a predicted 5.4 per cent decrease in graduate vacancies in 2009.
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Co-op's Somerfield deal completes
The Co-operative Group has completed its £1.565 billion acquisition of the Somerfield supermarket chain.
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Lowhub harnesses supply chain impetus
Sustainable produce transport pioneer Lowhub is using its two environmental awards, scooped at a recent London ceremony, to drive the supply chain towards sensible transport options.
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Retailers urged to pay the right price
Insolvencies in the UK fresh produce market are set to soar, as one major UK supplier warns that retailers must pay the right price to ensure the market remains a destination for growers worldwide.
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Bramley bake-off for Tesco
English top-fruit marketing desk Norman Collett, in partnership with the Tesco regional procurement team for the South East, is launching a cooking competition in Kent to find a new recipe for Bramley.
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BRC warns against ombudsman
Customers will be the ultimate losers from an expensive and unnecessary supermarket ombudsman, said the British Retail Consortium (BRC).