Retail news from FPJ – Page 254
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ArticleTesco counters suppliers' claims
Growers’ and suppliers’ claims of “bully-boy” tactics by the supermarkets have been strongly refuted as the multiples came in for more criticism amid rising food prices.
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ArticleProduce special offers breach guidelines
An investigation by consumer watchdog Which? has uncovered supermarket special offers on fresh produce and other items that could mislead shoppers.
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ArticleBRC: Figures mask tough conditions
Unexpectedly high official retail sales figures fail to convey how tough conditions are for customers and retailers, said the British Retail Consortium (BRC).
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Sainsbury's bids for Olympic glory
Sainsbury’s is hoping to become a key name at the London 2012 Olympics, according to Marketing Week.
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Sainsbury's losing out in South East
Over the last 12 months, Sainsbury’s has lost its pole position in three areas in the South East, according to new research from a location planning company.
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ArticleAsda records sales jump
Number-two supermarket chain Asda has reported a significant leap in sales.
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ArticleSainsbury’s profits up 13.3 per cent
Sainsbury’s has defied the credit crunch and reported a substantial increase in half-year profits.
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ArticlePrice-focused retailers profit from crunch
Year-on-year growth at Aldi has hit a record 23.9 per cent in the 12 weeks to November 2, 2008 - reflecting the onward march of retailers with a strong price positioning, according to the latest figures from TNS Worldpanel.
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Tesco launches commission challenge
Tesco has launched a legal challenge to planning proposals from the Competition Commission that would prevent it opening new stores in areas where it already controls more than 60 per cent of the market.
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ArticleFood and grocery market to hit £170bn by 2013
The UK food and grocery market will be worth £170 billion by 2013, growing at an average of four per cent a year from its current value of £140bn, according to international retail analysts IGD.
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ACS: Local shops vital
A new study commissioned by Association of Convenience Stores (ACS) has recommended that policy intervention is needed to ensure that all consumers benefit from a small store within five minutes walk of where they live.
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ArticleSainsbury's to please City
Sainsbury’s is expected to announce a 10 per cent rise in interim profits on Wednesday.
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Food inflation falls sharply in the UK
The British Retail Consortium (BRC) administered Nielsen Shop Price Index (SPI) for October has reported that annual shop price inflation is three per cent down from 3.6 per cent seen in September - the second consecutive month that inflation has fallen.
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ArticleAsda space grows quicker than rivals
If floor space is an accurate measure, then Asda can claim to be the fastest-growing supermarket chain in the UK, says a new report.
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ArticleUK interest rates cut to three per cent
The Bank of England has cut interest rates to three per cent, the lowest level since 1955, and received immediate praise for the shock move.
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ArticleSainsbury's steps up staff training
Sainsbury's staff are to be offered formal qualifications in working at the store.
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Usdaw aims for stress-free workplace
Union asks employers to reduce stress in the workplace and support its Freedom from Fear campaign
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ArticleAsda growth slows, but Bond makes £1m
Fines and legal costs related to two separate OFT probes dragged Asda’s profits down to £560 million last year, but chief executive Andy Bond saw his pay packet bulge by 55 per cent to more than £1m.
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Dunnes staff deserve Asda explanation
According to today’s Belfast Telegraph, Mandate, the trade union representing staff at Ireland’s largest retailer Dunnes Stores, has written to the company seeking clarification of rumours that it may be taken over by Asda.
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Waitrose opens first Dubai store
Waitrose today opened the first of two stores in Dubai - its first shops outside the UK.