Retail news from FPJ – Page 274
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ArticleBanana wars gather pace
Banana prices have plummeted to an all-time low amid heightened in-store cost-cutting, forcing many wholesalers to take desperate measures.
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Retail buyers in contract talks
The Yorkshire and Humberside Regional Food Group (RFG) is set to host its annual Meet the Buyer event, matching up local producers with buyers in prospective contracts totalling £6.8 million.
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Greengrocer caught in trading rights row
A greengrocer who found himself caught in the middle of a monopoly trading row with a supermarket giant has lost the shop that he ran for 22 years.
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Sainsbury's posts Q4 sales boost
Sainsbury’s has reported a sales increase boosted by cash-strapped shoppers looking for value products in the first three months of the year.
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Retailers trial streamlined packaging
Sainsbury’s is trialling new packaging that could save the retailer up to three-quarters of its costs and reduce excess packaging considerably.
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ArticleTesco and Sainsbury's clash over pricing
Tesco and Sainsbury’s are at loggerheads once more over suggestions customers may be trading down and putting price before all else in their purchasing.
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Just-Food advises loyalty
Businesses need to be empathetic, up front and honest with consumers to prevent a slide in ethical consumption as loyalty becomes critical, according to food business analyst Just-Food.
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Tesco takes aim at head office jobs
Tesco has responded to rumours that it is planning to axe 100 head office jobs by saying it is planning changes that will “affect a very small number of jobs in our offices”.
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ArticleJR Holland gets in the saddle
JR Holland Food Services will be rolling out a programme of in-kind contributions to community projects in the North East area as part of its expanding corporate social responsibility policy.
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Recycling label launches in UK
A universal on-pack recycling label is being launched today by leading retailers.
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ArticleSuppliers urged to stand firm
A senior city analyst has warned that, with many businesses teetering on the brink of bankruptcy, a bad summer may see the market drastically altered.
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ArticleMusgrave invests £10m in retail
‘Stronger together’ was the theme for this year’s annual Budgens and Londis conferences where Phil Smith, managing director of Musgrave Retail Partners GB, pledged a £10 million investment to support retailers in 2009.
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ArticleWaitrose records lacklustre sales
Waitrose may be the ‘nation’s favourite supermarket’, but this does not appear to be impacting on sales, as it reported a six per cent fall in annual profits.
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ArticleMorrisons announce expansion as sales soar
Morrisons confirmed its position as the current recession winner, posting a soaring seven per cent profit increase today.
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ArticleWhich? report angers industry
A report suggesting that price is becoming the biggest barrier in preventing a healthy, balanced diet as wallets rule over waistlines has inflamed trade associations this week.
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Food sales slow in retail drop-off
Growth in food sales slowed as inflation added to a drop-off in retail sales after the January clearance boost faded, according to results released by the British Retail Consortium (BRC) today.
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ArticleTesco targets failed pub sites
Tesco has taken full advantage of its victory over the Competition Commission last week by lodging hundreds of planning applications on the site of failed pubs in ambitious expansion plans.
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ArticleWaitrose launches low-price range
Waitrose will become the latest major retailer to enter the price war today when it launches its new ‘essential Waitrose’ own-label range of goods, with more than 800 low-price lines.
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Sainsbury's to invest £83m in Co-op sites
Sainsbury’s is to buy 24 stores from The Co-operative Group in a deal worth £83 million.
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Tesco wins competition test appeal
Tesco’s battle to overturn plans to introduce a “competition test” for supermarkets turned into a victory for the UK’s number-one retailer today.