Retail news from FPJ – Page 255
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ArticleM&S profits slump 34 per cent
Marks & Spencer (M&S) has announced a 34 per cent drop in half-year profits and plans to significantly reduce costs to regain its competitiveness on the high street
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Scot study points to loose money saving
A survey undertaken in East Renfrewshire, Scotland, has revealed that shoppers can dramatically reduce their bills by buying loose fresh produce.
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ArticleBoycott builds case for London markets
At last week’s London Markets Symposium, Rosie Boycott told delegates from more than 20 London boroughs, as well as food groups and markets of all descriptions that wholesale markets are key to the London Food Strategy.
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ArticleSainsbury's tackles Brussels produce laws
Sainsbury's has written to the European agriculture commissioner Mariann Fischer Boel and British environment secretary Hilary Benn in a bid to pressurise bureaucrats to relax strict rules on the size, shape and appearance of fresh produce.
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ArticleTesco cuts sales targets
Tesco has cut its sales targets for the first time in years as it battens down the hatches and prepares the City and its shareholders for what it sees as a difficult period ahead.
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Pre-Christmas conditions to get tough
Conditions are toughening for customers and retailers as the crucial run-up to Christmas begins, said the British Retail Consortium (BRC).
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Retail margins to be squeezed this Xmas
Retail analysts Verdict Research is forecasting that UK shoppers will spend more this Christmas than last, despite the current financial crisis, but this extra spend will be driven by the higher cost of food.
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ArticleACS urges end to ombudsman prevarication
A leading trade body has hit out at the Competition Commission (CC) and government for dilly-dallying over the introduction of a grocery ombudsman, and accused supermarkets of cynical exploitation of consumer fears.
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Article25 years from 5 A DAY
Just 12 per cent of UK consumers are eating their 5 A DAY, according to the latest TNS Usage panel data, which concludes that the average intake of recommended fresh produce is 2.6 portions a day in this country.
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ArticleBooths profits up 73 per cent
Northern supermarket chain Booths has reported a remarkable 73 per cent rise in full-year pre-tax profits, on sales up 5.4 per cent to £243.6 million.
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ArticleKeelings celebrates with giveaway
Irish soft-fruit grower Keelings has given away a brand new strawberry Mini Cooper to mark the fact that this year it has built a new 50,508sqm state-of-the-art strawberry glasshouse in North County Dublin.
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New body accredited for BRC global standard
SAI Global/EFSIS, the provider of food assurance solutions to the food industry, has become one of only two certification bodies to be accredited to undertake full and complete certification to the BRC Global Standard - Storage and Distribution.
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ArticleMcDonald's bags Collingwood apples
Apple and grape bags at UK branches of fast-food chain McDonald’s will exclusively feature Kentish apples this winter, grown by John Collingwood.
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ArticleACS chief talks small shops with Cameron
Association of Convenience Stores (ACS) chief executive James Lowman yesterday attended the Conservative Party leadership’s Small Business Survival Summit at the House of Commons.
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ArticleSomerfield acquisition gets green light
Competition watchdogs have given the go-ahead to The Co-operative’s takeover of Somerfield.
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Aldi claims highlight Tesco desperation
As Tesco introduces its increasingly disgruntled band of suppliers to “Discounter House” in Cheshunt, and customers to its self-appointed role of Britain’s biggest discounter, the discounter chain that has the UK’s leading supermarkets running scared, Aldi, is not exactly trembling in its boots.
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ArticleTNS data shows winners and losers
The latest TNS figures show Tesco, Sainsbury's and Waitrose lost out to the discounter chains in the latest 12 week period.
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ArticleA first for Chegworth Valley
Fruit grower and juice producer Chegworth Valley has opened its first ever farm shop on Kensington Church Street in London’s Notting Hill.
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ArticleKing remains upbeat amidst City gloom
Sainsbury’s chief executive Justin King remains reasonably upbeat about his company’s prospects, despite the economic meltdown.
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ArticleSolid September for Asda
Asda has reported “strong sales growth” in September, according to Reuters.