Retail news from FPJ – Page 293
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Londis announces retail sales boost
Londis, the largest symbol group in the UK, has announced retail sales figures are up to £1.2 billion for 2006, a four per cent increase on a like-for-like basis, according to the chain.
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ArticleOnline veg not up to scratch
UK consumers are dissatisfied with the quality of fruit and vegetables sold by some supermarkets online, a recent study has found.
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ArticleSainsbury's bidding war hots up
The private equity consortium at the forefront of the bidding war for supermarket chain J Sainsbury will decide whether to abandon a possible £11 billion offer or proffer a formal bid for the retailer within eight days.
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ArticleTesco embroiled in fresh produce row
Trading standards officers are said to be investigating Tesco, which is accused of misleading shoppers over a 'half-price' fresh produce promotion.
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Market advice site opens
Marketestalls, a popular shopping portal for homemade goods, have launched a new forum for buyers and growers who want more info about farmers markets.
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Store closure for Whole Foods
Whole Foods Market is closing its Fresh & Wild Notting Hill location on April 15, and will begin cutting back on deliveries two weeks prior to this date.
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ArticleWaitrose: competition is not everything
Retailers need to realise that competition is not the “be-all-and-end-all”, Waitose managing director Steve Esom told the National Farmer’s Union Conference on Tuesday.
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ArticleKing calls for suppliers to speak up
Sainsbury’s chief executive has called on any grower or farmer who believes they have been poorly treated by the supermarket to step forward and let him know.
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Rumour mill touts Asda bid for Sainsbury's
Financial analysts believe Asda could put in a counterbid for Sainsbury’s following an offer from a private equity consortium.
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Waitrose announces Fairtrade target
Waitrose has revealed plans to double sales of Fairtrade products over the next year ahead of the start of Fairtrade Fortnight next week.
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Morrisons to revamp its brand
Morrisons is to overhaul its image in order to establish itself as a national retailer.
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Tesco goes nuts for Fairtrade
Tesco is launching two new own-brand Fairtrade nut products in more than 600 stores nationwide - a chopped brazil and dried apricot mix and a peanut, cashew and dried mango mix.
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ArticleAsda to open 18 new stores
UK number-two retailer Asda has announced plans to open 18 superstores and 10 non-food Asda Living stores in the next year in a move that will generate 8,000 new jobs.
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ArticleBond: Asda lost its focus
Asda chief executive Andy Bond admitted to BBC radio this morning that the retailer had “lost its focus” before its recent turnaround.
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Sainsbury's shares shoot as saga takes twist
Shares in Sainsbury’s surged again this morning amid ongoing speculation about a potential takeover and hopes of a bidding war.
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ArticleGerman minister calls for better food pricing
A leading German official called for better pricing structures for food at the Fruit Logistica 2007 opening ceremony.
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ArticleCo-op tie-up to create £10bn force
The UK's two biggest co-operatives have agreed terms to merge and form the world's largest consumer co-operative group.
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ArticleAsda shines on new year sales growth
Asda has emerged as the surprise performer for January, with sales growing nine per cent year on year for the period, according to TNS data.
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Small firms urged to mimic Tesco scheme
Law firm Mace & Jones is urging the UK’s four million small firms to consider launching a Tesco style employee share scheme after 50,000 Tesco staff shared £150m.
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ArticleMarkets take a stand
The National Association of British Market Authorities (NABMA) is leading a campaign to develop a national policy framework for markets.