Retail news from FPJ – Page 271
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ArticleLondon street markets need action
Urgent action is needed to protect and promote traditional street markets in the capital, a new London Assembly report has revealed.
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Tesco denies claims of US failure
Tesco has denied claims by US food industry critic and Perishable Pundit Jim Prevor that its US business is failing.
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ArticleFamily food bills halved in last 50 years
Household expenditure on food has halved in the last 50 years, the National Office of Statistics has revealed.
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Tesco to open 10 stores a year in China
Tesco plans to open 10 stores in China a year to step up its global presence, it has been revealed.
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ArticleCommunities stand firm against out-of-town supermarkets
Three quarters of people are opposed to any changes in UK planning law that would make it easier to build out-of-town supermarkets, according to a poll.
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Co-op will join Somerfield bid race
According to a report on convenience-store.co.uk, The Co-operative Group considers itself a player in the likely bidding war for Somerfield.
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Tesco venture struggles in the US
Tesco’s US division, Fresh & Easy, is not hitting the right buttons with the American public, according to the perishable pundit.
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ArticleCeleb chef joins Gate Gourmet
Celebrity chef Steven Walpole has joined Gate Gourmet, the UK’s leading airline service company, as senior executive chef to British Airways.
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ArticleMinisters to call for unified food labelling
Health minister Alan Johnson will today urge supermarkets to unify their food labeling, as the government unveils its strategy to cut obesity rates in the UK.
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ArticleAsda considers Somerfield buyout
Asda is reportedly seeking advice on the £2.5 billion auction of Somerfield.
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ArticleMorrisons beats all expectations
The UK’s number four supermarket chain jumped to the head of the like-for-like queue this Christmas, with a 9.5 per cent sales hike far outweighing that of its main rivals.
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ArticleMorrisons top of the supermarket pile
Morrisons will be the last major UK supermarket group to reveal its Christmas figures tomorrow [Tuesday], and the Yorkshire based chain is expected to trump its rivals and polish the halo that has shone over it in City circles recently.
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ArticleCo-op scores fair deal for smoothies
The Co-op has scored another Fairtrade first, with the introduction of a new range of Fairtrade smoothies.
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ArticleSomerfield results entice bidders
Somerfield will hope to see bidders queuing down the aisles after revealing “exceptional” Christmas figures, while Waitrose voices an interest in some of the Somerfield portfolio.
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ArticleSomerfield bid to be managed by Citigroup
According to today’s issue of The Times, Citigroup has been appointed to attract bids for supermarket chain Somerfield. The value of the retailer is now being estimated at around £2.5 billion.
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ArticleSainsbury’s takes over Northern Ireland retailer
Sainsbury’s has taken over part of Northern Ireland’s largest independent supermarket retailer in a multi-million pound deal, it was announced today.
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Fresh vending machines show promise
Holland Produce Promotion will be exhibiting a newly developed vending machine for fruit and vegetables at Grüne Woche (Green Week) in Berlin next week.
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M&S to share fresh-cut knowledge
Marks and Spencer’s fruit buyer will give insight into the fresh-cut opportunities available in the industry at Freshconex Congress in Berlin, Germany.
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ArticleSolid Tesco driven by international expansion
Tesco has delivered a strong performance and record sales over the Christmas and New Year period, with a solid UK results backed up by excellent international sales expansion.
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ArticleCompetition Commission deadline slips again
The Association of Convenience Stores (ACS) has welcomed the further extension of the timetable for the Competition Commission to publish its final report in the grocery market inquiry, from March to April 2008.