Retail news from FPJ – Page 289
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ArticleGrocery inquiry splits supplier opinion
Supermarket suppliers and their representatives have voiced their mixed reactions to the Competition Commission’s final report out this week.
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ArticleRetailers bite back at grocery market findings
UK supermarkets have criticised proposals for a new Groceries Supply Code of Practice and the formation of an ombudsman set out by the Competition Commission, claiming that it could cost the industry millions of pounds.
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ArticleSupermarkets sign up to environmental pledge
A string of household-name retailers are launching a new, industry-wide environmental commitment to battling climate change.
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ArticleGroceries immune to spending slowdown
The UK grocery sector has shown itself to be immune from the consumer spending slowdown, it was claimed this week.
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ArticleCompetition Commission recommends ombudsman
After two years of deliberation, the Competition Commission has recommended the appointment of an independent ombudsman to enforce the Groceries Supply Code of Practice. For that and more details of the CC's final report, click here.
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Produce takes key role in Tesco carbon project
Potatoes and orange juice are two of the four categories chosen by Tesco as forerunners in its groundbreaking launch of a major trial on carbon labelling on own-brand products.
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ArticleSainsbury's gears up for next three-year plan
Sainsbury’s chief executive Justin King is set to launch his next three-year plan, with the aim of generating an extra £3.5 billion of sales.
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ArticleOFT probes grocery price collusion in UK
The head offices of at least two of the UK’s big four supermarkets were “raided” this week, as an investigation into grocery price fixing was stepped up.
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ArticleHot mash cones for cold summers
Mini cones of bangers and mash have been unveiled as the latest all-weather alternative to the ’99 Flake.
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ArticleGive over Darling
Retailers should not be footing the bill for incoherent government policy, says ACS
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ArticleTesco denies US rumours
Tesco has moved to quash industry rumours that key executives from its US venture are returning to the UK.
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OFT to pay Morrisons £100,000
The Office of Fair Trading will pay Morrisons £100,000 in damages after wrongly accusing the retailer of price fixing.
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ArticleMore criticism for organic proposals
The Soil Association’s proposals surrounding airfreight of organic fresh produce have come in for more criticism - this time from retailers and ministers as well as the Fresh Produce Consortium.
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ArticleUS retail expert slams Tesco smokescreen
An experienced US retailer turned consultant has slammed Tesco’s reports of Fresh & Easy’s performance in the US as “coded language” that is “an insult to everyone in the industry”.
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M&S to rationalise buyers
Marks & Spencer is to examine its buying department in a review that will affect at least 40 buyers, with at least six set to lose their jobs, it has been claimed.
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M&S expands in India
Marks & Spencer has its eye on the expanding middle class in India, and will open 50 new stores in partnership with local group Reliance Retail.
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My Shop is Your Shop reveals June campaign
A wholesaler-backed campaign to encourage shopkeepers to connect with their local community is to hold its fourth National Independents’ Week in June.
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The Co-op unveils three-year plan
The Co-operative Group has unveiled a three-year plan to invest £1.5 billion in the business and transform its retail estate under a single unified brand.
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ArticleMusgrave reports ninth successive year of growth
Musgrave Group has announced its ninth year of consecutive profit growth for the year ended December 31 2007.
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Co-op confident of summer deal with Somerfield
The Co-operative Group confirmed today it is in talks over buying retailer Somerfield, in a deal believed to be worth around £1.7 billion.