Retail news from FPJ – Page 253
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Grocery retailers agree human rights code
Tesco and Wal-Mat are among those who contributed to a new global human rights code set to address and improve social justice in the supply chain last week.
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Asda commits to recycling contract
Asda has awarded a two-year contract to Veolia Environmental Services to manage the recycling of 180,000 tonnes of cardboard each year.
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Retailers urged to renegotiate contracts
Retailers struggling in the current economic downturn can make dramatic savings by renegotiating existing contracts, a paper published this week argues.
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Huge supermarket apprenticeship push
Sainsbury’s and Tesco are among several companies creating more than 10,000 new apprenticeship places in the UK after a government bill announced last week.
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Tesco to rise in global retail ranks
Tesco is expected to bump up the ranks and take second spot in global turnover rankings, overtaking France’s Carrefour, according to retail analyst IGD.
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Food props up retail sales
UK retail sales values fell 2.6 per cent on a like-for-like basis in November, from November 2007, the first time since measurement began that sales have declined for two consecutive months.
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Sainsbury's shows interest in Woolworths
The fight to buy up Woolworths’ destitute stores continues, with Sainsbury’s rumoured to have become front-runners to purchase more than 100 shops, according to some media reports over the weekend.
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M&S dedicates apple to Amelia
Marks & Spencer has launched a new variety of apple, named in tribute to an employee’s daughter who died this year.
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Ethical spending continues, says Co-op Bank
The Co-operative Bank has insisted the economic downturn will not halt the growth in ethical consumerism, as it published its ninth annual report into green spending.
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Tesco drops £1.9m libel suit
A Thai business journalist sued for £1.9 million of libel damages by Tesco Lotus has reached an agreement with the supermarket chain to end the suit, according to The Guardian newspaper.
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Morrisons unveils sales leap
Third-quarter sales at Morrisons rose by an impressive 8.1 per cent, the chain has revealed, thanks to its efforts to keep costs down for shoppers.
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Tesco masterclass raises spud awareness
Tesco ran a potato masterclass hosted by Michelin Star-rated chefs for its staff last month, to raise awareness of the diversity of potatoes.
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Waitrose presses forward with new plans
Waitrose is going ahead with its expansion plans despite the economic downturn, which has hit its market share hard.
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Tesco to unveil sharp slowdown in growth this week
Tesco is due to unveil a sharp slowdown in third quarter like-for-like sales growth this week.
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Supermarkets to slash bag use
Four of the UK’s largest supermarkets are aiming to halve the estimated 13 billion free plastic bags given out each year by next April, according to BBC News.
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Ex-Sainsbury's man issues call to arms
Former Sainsbury’s food director Ian Merton has called on growers and marketing companies to support supermarkets through the economic slowdown, insisting they are facing the same pressures as the rest of the supply chain.
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CRS 2009 to focus on credit crunch
The Convenience Retailing Show (CRS) is set to return in 2009 offering crafty tips to help beat the credit crunch.
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City workers get green fingered
A report in British newspaper The Daily Telegraph last weekend suggests that City workers are turning to gardening as a source of income as the economic downtown threatens their jobs.
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Asda announces food inflation fall
Asda has offered a nugget of hope for UK families, reporting a sharp drop in food inflation that may help counter a £10 a week disposable income fall in the last year.
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Waitrose holding own, insists Price
Waitrose managing director Mark Price has insisted the upmarket supermarket chain is holding its own in the financial crisis, in an interview with the Financial Times.