Retail news from FPJ – Page 289
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Tesco under competition fire again
The Office of Fair Trading (OFT) has referred supermarket chain Tesco to the Competition Commission over its failure to find a buyer for a store in Slough.
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ArticleTesco targets affluent customers
Tesco is said to be developing more premium products to attract shoppers away from Waitrose and Sainsbury's.
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Retailers form carbon-cutting crew
Tesco and Marks & Spencer are amongst a group of eight of the UK's biggest businesses, which has embarked on a major corporate social responsibility scheme to help cut carbon dioxide (CO2) emissions.
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ArticleIson in at The Greenery
The Greenery UK has appointed a new commercial manager to handle its business with retail giant Tesco.
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ArticleSainsbury's plans major investment in stores
According to a report in one Sunday newspaper, the board of Sainsbury’s has plans to invest about £750 million a year to expand and refurbish its supermarkets as part of a wide-ranging strategic review.
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Tesco ramps up influence in Japan
Tesco is rolling out 35 new stores in Japan, including outlets under its Express banner, in a push into one of the world’s most challenging retail markets.
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FPB calls for tough enquiry results
The Forum of Private Business (FPB) has called on the Competition Commission to produce recommendations with “real teeth” in its grocery market enquiry, following Tesco’s release of record results.
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ArticleFSA food safety guidance for independents
New FSA guidance on preventing and responding to food scares will help smaller, independent retailers match the robust food safety practices of the major players in the grocery sector.
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Fruit and veg worst culprits for packaging
Food packaging adds more than 20 per cent to the cost of buying fruit at a leading supermarket, according to a recent investigation.
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ArticleAsda price shakes bananas
Asda stirred up the banana market again this week by slicing 14p off a kilo of loose product and announcing that it will be running a direct-sourcing trial on the fruit, similar to that set up with International Produce.
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ArticleSpending boost for UK spuds
UK spending on potatoes has jumped significantly in the last six years, a study has found, with growth fuelled by premium varieties.
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Tesco sales at £88,000 a minute
As predicted yesterday on freshinfo, Tesco this morning unveiled a 13 per cent rise in full-year underlying profits to £2.55 billion.
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Tchenguiz increases Sainsbury’s stake
Sainsbury’s shareholder Robert Tchenguiz has increased his stake in the company and called for the board to restructure its balance sheet, it emerged today.
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ArticleTesco set to add fuel to fire
Tesco is expected to post record annual profits to the end of February of around £2.5 billion this week, adding yet more fuel to the debate that the retailer is too dominant in the UK grocery market.
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Apple Day comes to Covent Garden
This October will see Common Ground hold its 18th Apple Day throughout the country. A national charity, Common Ground held the first Apple Day in London’s Covent Garden to draw attention to the plight of our orchards as well as the versatility of British home-grown fruit.
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Industry still pushing for less packaging
The industry does not believe that enough is being done to remove unnecessary packaging, the freshinfo poll showed last week.
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ArticlePomegranates outperform produce rivals
The pomegranate market is outperforming the total fruit and vegetable market by far, with growth being driven by more shoppers buying the fruit, which is now dubbed a superfood.
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ArticleApple popularity surge
Apples are enjoying a resurgence in popularity on the UK market, pulling ahead of overall supermarket sales levels and notching up price inflation for the first time in three years.
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Show over for Sainsbury's bidder
The private equity consortium that had been preparing to buy Sainsbury’s has officially pulled out of the running for the retail chain.
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ArticleFarma drama: Farmers' markets attacked
The National Farmers’ Retail and Markets Association (Farma) has criticised The Sunday Times for taking a “pot shot” at farmers’ markets.