Retail news from FPJ – Page 275
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Food firm to pass inflation on to supermarkets
Northern Foods is set to pass increases in commodity prices on to its supermarket customers.
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ArticleSainsbury's profits leap 20 per cent
The UK’s number-three supermarket chain Sainsbury's has delivered a strong set of half-year results.
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ArticleCredit crunch fails to deter top four
The UK grocery market is shrugging off the credit crunch gloom and effects of the price discounting seen in August, according to the latest grocery market share figures from TNS Worldpanel.
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She makes me want to shop
Scottish songstress Lulu has been chosen by Morrisons to front its Christmas ad campaign, launched last week on television.
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Worcester goes organic
A couple from Worcester, Bill and Andrea Donnelly, are to become part of Riverford Organic Vegetables’ network of distributors operating a home delivery box scheme in individual locations across southern England.
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Esso joins ACS
Esso’s On the Run convenience format has joined the Association of Convenience Stores (ACS).
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US Tesco opening gets mixed reaction
Tesco launched its first six US stores under the Fresh & Easy Neighbourhood Market banner yesterday.
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Tesco and M&S admit airfreight apathy
Controversial airfreight stickers added to packs of fresh produce by Tesco and Marks & Spencer since April have had no impact on sales, the two retailers have admitted.
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King urges staff to rally round
Sainsbury’s chief executive Justin King has issued a rallying cry to nearly 1,000 senior staff, following the Qatar Investment Authority’s withdrawal of its £10.6 billion takeover bid for the retail chain.
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ArticleM&S records healthy half-year profit rise
Stuart Rose, chief executive of Marks and Spencer (M&S), has described an 11.5 per cent hike in half-year profits as "good" in view of the poor summer weather.
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Sainsbury's bid abandoned by Qataris
Qatari-backed investment fund Delta Two has abandoned its takeover bid for supermarket chain Sainsbury’s.
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ArticleSainsbury's pledges to co-operate fully with CC
Sainsbury’s has welcomed the Competition Commission’s provisional findings as they “bring the investigation nearer to its conclusion”.
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ArticleMorrisons says its dealings are "fair"
As the Competition Commission's provisional findings came out this week, Morrisons has stressed its supplier dealings are "fair".
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ArticleC-stores respond to CC
The Association of Convenience Stores’ chief executive James Lowman has given a cautious welcome to the Competition Commission’s provisional findings and highlighted a number of areas that remain of concern.
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ArticleTesco boss hits back at Competition Commission
Tesco boss Sir Terry Leahy has stood up to the UK grocery market inquiry by the Competition Commission by claiming the retail giant’s 15 million customers each week are the best regulators there are.
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ArticleAsda smoothies things over
Asda’s Patchway store has celebrated the opening of its smoothie and fruit bar with the help of South Gloucestershire Council’s Active for Life team.
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Delta Two needs to raise £500m for Sainsbury's bid
Qatar-backed fund Delta Two has told supermarket giant Sainsbury's that it needs to raise a further £500 million in order to make its bid, it has been reported.
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ArticleTesco toons into Disney
Tesco and Disney are to launch a co-branded range of healthy food products, including fresh produce.
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Sainsbury's bidder issued ultimatum
The Qatari-backed investment fund that has been circling Sainsbury’s since the summer has today been issued an ultimatum - bid for the chain by November 8, or walk away.
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New BRC standards out in January
BRC to publish updated and revised food and packaging standards