Retail news from FPJ – Page 268
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Article
Somerfield reveals sales rise
Somerfield has unveiled a 6.4 per cent rise in like-for-like sales excluding fuel in the 12 weeks up to, but not including, Easter.
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ArticleJamie Oliver fronts £5 Sainsbury's challenge
Sainsbury’s is using Jamie Oliver to launch an ad campaign targeting budget-conscious families of four with meals for under £5.
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Article
Tesco quashes jobs rumour
Tesco has moved to quash industry rumours that it is making swingeing staff cuts in the produce department at its Cheshunt headquarters, citing annual operational reviews as the reason for any changes afoot.
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ArticleSainsbury's puts in strong performance
Sainsbury’s has reported a strong performance for the 12 weeks to March 22, with like-for-like sales excluding fuel rising by 4.1 per cent.
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ArticleBirmingham hosts Asian opening
A major new upmarket Asian supermarket is set to open in Birmingham on March 27.
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ArticleRetail push driven by food sales
The Office for National Statistics has revealed that UK retail sales unexpectedly rose strongly in February, driven by higher food sales at the supermarkets.
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Article
M&S eyes eastern expansion
Marks & Spencer is planning to increase its store numbers in eastern Europe, buying a 51 per cent stake in its eastern European franchise partner for £10.6 million.
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ArticleSomerfield sale hangs in the balance
Only one bid had been tabled for the planned £2 billion sale of supermarket chain Somerfield by the end of last week, leading to rumours the sale could be dropped.
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ArticleShockwaves caused by Sainsbury's arrest
The fallout of the arrest and release on bail of Sainsbury’s potato buyer John Maylam and Dave Baxter, operations director at supplier Greenvale AP, is being felt throughout the trade.
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Article
CC remedies favour out-of-town shopping
The big four retailers could be able to extend the number of hypermarkets and superstores they build in the UK, if the Competition Commission’s (CC) proposals from its enquiry into the grocery market go ahead.
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ArticleAsda calls for smoothie VAT reduction
Asda has called for a reduction in VAT on 100 per cent fruit juices and smoothies, and is asking for professionals to sign a petition on the Downing Street website, which has Asda’s ceo Andy Bond as lead signatory.
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Article
Morrisons unveils new Kent RDC site
Morrisons has announced plans for a new 920,000sqft regional distribution centre in Sittingbourne, Kent.
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ArticleTesco boss named Retail Leader of the Year
Tesco boss Terry Leahy was named Retail Leader of the Year and Morrisons was crowned Retailer of the Year in London last week.
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Article
Discounters set to snap at multiples' heels
Market analyst Verdict Research forecasts that discounters are likely to make gains in the UK market this year, as trading conditions for multiple retailers toughen.
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ArticleSainsbury's potato buyer arrested
Sainsbury's potato buyer John Maylam has been arrested on suspicion of receiving payments from a UK supplier.
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ArticlerPET100 makes packaging recycling easy
A new thermoformed plastic packaging system will make recycling much easier for retailers and consumers by using a single type of plastic for the entire pack.
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ArticleBooths encourages kids to grow their own
Booths is inviting green-fingered primary schools across the north of England to compete in a ‘Grow Your Own’ competition, as part of industry-led initiative the Year of Food and Farming.
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Article
Tesco threatens Ocado with legal action
Tesco has threatened to complain to the Advertising Standards Authority about online retailer Ocado’s latest ad campaign, according to The Daily Telegraph.
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ArticleBRC accuses chancellor of smokescreen Budget
The British Retail Consortium (BRC) has accused chancellor Alistair Darling of “using claims of tackling social and environmental ills as an excuse to take yet more tax from hard-pressed businesses and consumers”.