Retail news from FPJ – Page 289
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Aldi claims highlight Tesco desperation
As Tesco introduces its increasingly disgruntled band of suppliers to “Discounter House” in Cheshunt, and customers to its self-appointed role of Britain’s biggest discounter, the discounter chain that has the UK’s leading supermarkets running scared, Aldi, is not exactly trembling in its boots.
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ArticleTNS data shows winners and losers
The latest TNS figures show Tesco, Sainsbury's and Waitrose lost out to the discounter chains in the latest 12 week period.
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ArticleA first for Chegworth Valley
Fruit grower and juice producer Chegworth Valley has opened its first ever farm shop on Kensington Church Street in London’s Notting Hill.
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ArticleKing remains upbeat amidst City gloom
Sainsbury’s chief executive Justin King remains reasonably upbeat about his company’s prospects, despite the economic meltdown.
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ArticleSolid September for Asda
Asda has reported “strong sales growth” in September, according to Reuters.
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Economic downturn asks responsible questions
Leading retailers and manufacturers see corporate responsibility as an investment, but will they pull back in an economic downturn?
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ArticleSainsbury's reports "robust" sales
Sainsbury’s this morning reported a “robust” sales performance in its second quarter trading statement, with total sales up 8.4 per cent in the 16 weeks to October 4.
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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.