Retail news from FPJ – Page 317
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ArticleSainsbury’s bounce returning
Quarterly sales at Sainsbury's are 2.8 per cent up as a revamped advertising approach and price-cutting measures pay off.
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UK struggles with employee theft
Retailers are being plundered by their employees, according to a new report by the Centre for Retail Research.
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Asda's Bond has eyes only for price
Asda’s new chief executive, Andy Bond, has announced that he will strive to keep Asda’s prices down as a key to remaining competitive over the next 18 months.
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ArticleTesco pledge for UK produce
Tesco has announced its intention to boost sales of UK fresh produce with a commitment to stock only British products on aisle ends over the next 12 months.
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ArticleOFT urged to re-open competition inquiry
Two bodies have launched initiatives to force the Office of Fair Trading to revisit its investigation into what they see as the anti-competitive expansion of the UK supermarket sector.
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City no to Sir Ken replacement
Investors have told Morrison’s officials that their new non-executive director Paul Manduca should not take over from Sir Ken Morrison as chairman when he steps down.
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Somerfield deal still under control
A Somerfield advisor has rejected claims that the £1.1bn sale of the chain is in trouble, claiming the rumour is simply an attempt designed to manipulate the group’s shares.
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ArticleSomerfield doubles up
Somerfield is celebrating again, after landing its second fresh produce award of the year.
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Tesco expands eastern European network
The Tesco / Carrefour deal to swap stores in Asia and eastern Europe has been confirmed.
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Carrefour and Tesco to swap stores
Media reports suggest that two of the world's five largest retail chains are about to announce a deal to swap stores.
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ArticleDéjà vu at Morrisons
It was déjà vu at Morrisons today [Thursday] as, for the second week running, a planned three-day strike by staff at distribution centres was called off.
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Industry in discount danger
The rise of discount stores presents a great threat to the fresh produce industry.
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ArticleFresh produce takes lead at Sainsbury's
Fresh produce will have a key role in Sainsbury’s Try Something New Today campaign launched this week.
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ArticleMorrisons might close depots
Morrisons may close three of the depots that have been central to strike talks, with the loss of 2,500 jobs.
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ArticleWaitrose props up John Lewis
Waitrose registers 4.4 per cent growth as owner John Lewis struggles in tough marketplace.
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ArticleMadonna is King of the raspberries
Marks & Spencer is offering its customers the giant King Raspberry on shelves in selected stores from this week.
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BBC looking for greengrocers
The BBC is looking for 40 male greengrocers to take part in the next instalment of its interactive quiz programme Test the Nation.
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ArticleAsda takes share from Tesco
The latest figures released by TNS suggest that Asda clawed some share back from Tesco in the 12 weeks to September 11.
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ArticleMorrisons strike suspended
The strike planned by Morrisons workers, scheduled to start tomorrow, has been suspended for seven days.
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Baugur case dismissed in Icelandic court
Iceland’s Supreme Court has dismissed fraud charges against Jon Asgeir Johannesson, the boss of Baugur.