Retail news from FPJ – Page 299
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ArticleMarketing push for Tenderstem
Tenderstem Broccoli is set to receive a significant marketing boost thanks to a nationwide promotional campaign being launched this month.
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ArticleRetail comeback for stretch wrap
The simple stretch wrap could make a comeback on the UK supermarket shelf if the emphasis on natural products continues, according to packaging specialist Automac UK.
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ArticleNew chief for c-store association
The Association of Convenience Stores (ACS) has today announced the appointment of James Lowman as chief executive.
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ArticleLeahy fires Wal-Mart broadside
Today’s Sun newspaper, the UK’s leading red-top, reports Tesco chief executive Sir Terry Leahy blasting Wal-Mart, Asda’s American owner.
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Tesco man tops Power 100
Tesco’s Tim Mason today topped Marketing’s annual Power 100 list - which named him the most powerful marketer in the UK.
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ArticleTesco makes £69 a second
Tesco half-year profits have soared 10.3 per cent to £1.09bn - around £69 a second.
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Tesco's profits play to dominance concerns
Tesco is set to face further claims it is unfairly dominating the marketplace this week as it announces record half-year profits of more than £1 billion.
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ACS blames "big four" for unbalanced marketplace
In a formal hearing before the Competition Commission, the Association of Convenience Stores (ACS) identified “big four” buying power as the root cause of the uneven playing field in the grocery market.
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Compass points to sales slump
Catering giant Compass has forecast a slump in sales growth over the coming months as it concentrates on reigning in financial controls and improving low-margin contracts.
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Convenient growth for the Co-op
A growth in convenience stores sales has enabled The Co-operative Group to increase its profit despite ongoing debt struggles in its banking division.
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Sainsbury's gets greener with new carrier bags
Sainsbury’s has announced plans to introduce new carrier bags made from 33 per cent recycled materials, saving the retailer 6,500 tonnes of plastic a year
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Sainsbury's buys 5 Somerfield stores
Sainsbury's is to acquire five stores from Somerfield, three of which are freehold, with an average size of 11,000 sq ft and a gross asset value of £5.6 million.
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Tesco to supersize in US
Tesco could be planning to supersize its stores in the US after reporting that it had taken a lease on a 32,500 sqft store in Los Angeles.
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Sainsbury's targets motorists
Sainsbury’s is set to trial its convenience store format at a motorway service station in what could be the beginning of a venture with motorway services group Welcome Break.
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No let up in losses for Kwik Save
Back to the Future (BTTF), the owner of Kiwk Save, has sought financial advice from Pricewaterhouse Coopers in raising £30 million to compensate for significant losses.
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UK grocery performing well: TNS
The UK grocery market is performing well - with a sustained six per cent growth across the board over the 12 weeks ending on September 10, according to the latest TNS Worldpanel data.
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ArticleMorrisons back into the black
Morrisons has moved back into the black - with pre-tax profits for the 25 weeks to July 23 reaching £134.2 million.
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A-Grade score for Ocado
Ocado, the online grocery retailer, has appointed BBC chairman Michael Grade as its first non-executive chairman.
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Retailer hit with labelling fine
A Blackburn greengrocer has bit stung with a bill of £2,200 in fines and costs for labeling mistakes he says are committed by the major multiples all the time.