Retail news from FPJ – Page 289
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Age is just a number at Tesco
Tesco employs more than 50,000 over-50s - the equivalent of one in five of its UK workforce - the superstore announced as part of its celebrations for the government’s UK Older People’s Day on October 1.
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Waitrose ads to focus on quality offer
Waitrose’s new advertising campaign, going live today, is set to reinforce the supermarket’s image as a high-quality retailer that can still deliver value for money to its customers.
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Brits still wary of online food shopping
Two out of 10 consumers in the UK would not consider buying food and drink online, according to a study by price comparison site Shopzilla.co.uk.
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Race to buy Superquinn hots up
Asda and Sainsbury’s are still rumoured to be among the front-runners in the race to buy Irish supermarket group Superquinne, after Cork-based wholesale grocery group Musgrave withdrew its bid late last week.
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Multiples defend local credentials
Three of the UK’s major retailers have defended to the BBC their record of offering consumers local food following an investigation by two of the broadcaster’s reporters in Scotland.
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Innovation leads the way at IFE09
Leading UK exhibition organiser Fresh RM is set to challenge the way the industry thinks about innovation at the next installment of the UK’s largest and most respected food and drink trade event, IFE09.
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Waitrose makes c-store move
Waitrose will trial its first convenience store later this year.
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ArticleHull University secures services of ex-Tesco director
Hull University Business School’s Logistics Institute has secured top retail guru Christine Cross as a visiting professor.
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Asda develops healthy online tool for kids
Asda is developing a new health and nutrition education website aimed at schoolchildren.
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M&S develops sustainable distribution centre
Marks & Spencer is building a 1.1 million sqft sustainable distribution platform in the north of England.
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ArticleTesco unveils big profit increase
Tesco chief executive Sir Terry Leahy claimed Tesco is “at its best in tough markets” as he unveiled an 11.3 per cent first-half pre-tax profit rise this morning.
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ArticleM&S to post sales slump
Marks & Spencer is due to reveal a dramatic drop in like-for-like sales this week.
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Consumers turn backs on premium
A new Mintel survey concludes that British shoppers have finally let reality bite and bid farewell to premium ranges as the economic downturn hits home.
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ArticleSainsbury's launches confidential supplier line
Sainsbury’s has launched a confidential phone line and website to enable suppliers and colleagues to speak up if they have any concerns about fraud, theft or general rule breaches.
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Micromark launches new lighting
Leading electrical manufacturer Micromark has launched a new range of lighting display panels for trade outlets.
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North-south divide shows through at Asda
Asda has highlighted a north-south divide in the credit crunch, and economically speaking, the south is faring much better.
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ArticleMorrisons adds to trophy cabinet
Morrisons, which won the Foods from Spain Re:fresh Retailer of the Year in May, last night picked up the Supermarket of the Year crown at the Retail Industry Awards 2008.
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High street loses out to supermarkets
The UK high street endured another month of falling sales and expects the hard times to continue in October, while supermarkets enjoyed solid sales growth, according to the UK’s leading business organisation CBI.
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Sainsbury's and The Sun offer cheap staples
This week’s shop just got cheaper now that The Sun has teamed up with Sainsbury’s to support Jamie Oliver’s Ministry of Food campaign.
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ArticleBond warns against credit crunch profiteering
Asda ceo Andy Bond has warned that supermarkets that attempt to squeeze profits from their customers during the credit crunch will find themselves in deep water when the economy recovers.